Analyst Expectations For Zillow Gr's Future

Zillow Group, Inc. Class A +5.05% Pre

Zillow Group, Inc. Class A

ZG

52.58

52.58

+5.05%

0.00% Pre

11 analysts have shared their evaluations of Zillow Gr (NASDAQ:ZG) during the recent three months, expressing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 7 2 1 0
Last 30D 0 0 1 0 0
1M Ago 1 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 0 4 1 1 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $63.82, along with a high estimate of $79.00 and a low estimate of $40.00. This upward trend is apparent, with the current average reflecting a 21.96% increase from the previous average price target of $52.33.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The analysis of recent analyst actions sheds light on the perception of Zillow Gr by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Maria Ripps Canaccord Genuity Lowers Hold $50.00 $58.00
Nicholas Jones JMP Securities Maintains Market Outperform $68.00 -
Tom White DA Davidson Announces Buy $63.00 -
Brad Erickson RBC Capital Maintains Outperform $66.00 -
Brad Erickson RBC Capital Maintains Outperform $66.00 -
Trevor Young Barclays Raises Underweight $40.00 $32.00
Shyam Patil Susquehanna Raises Neutral $60.00 $36.00
Nicholas Jones JMP Securities Raises Market Outperform $68.00 $60.00
Thomas Champion Piper Sandler Raises Overweight $72.00 $70.00
John Campbell Stephens & Co. Maintains Overweight $79.00 -
Thomas Champion Piper Sandler Raises Overweight $70.00 $58.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Zillow Gr. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Zillow Gr compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Zillow Gr's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Zillow Gr's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Zillow Gr analyst ratings.

Discovering Zillow Gr: A Closer Look

Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.

Breaking Down Zillow Gr's Financial Performance

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Zillow Gr's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 8.97%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Zillow Gr's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -15.4%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Zillow Gr's ROE stands out, surpassing industry averages. With an impressive ROE of -1.61%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Zillow Gr's ROA excels beyond industry benchmarks, reaching -1.1%. This signifies efficient management of assets and strong financial health.

Debt Management: Zillow Gr's debt-to-equity ratio is below the industry average at 0.4, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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