Where Zillow Gr Stands With Analysts

Zillow Group, Inc. Class A -0.51% Pre

Zillow Group, Inc. Class A

ZG

39.14

39.14

-0.51%

0.00% Pre

Across the recent three months, 8 analysts have shared their insights on Zillow Gr (NASDAQ:ZG), expressing a variety of opinions spanning from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 5 1 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 1 1 1 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $55.75, a high estimate of $66.00, and a low estimate of $36.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.11%.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Zillow Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brad Erickson RBC Capital Raises Outperform $66.00 $60.00
Daniel Kurnos Benchmark Raises Buy $60.00 $57.00
Nicholas Jones JMP Securities Maintains Market Outperform $60.00 -
Brad Erickson RBC Capital Maintains Outperform $56.00 -
Nicholas Jones JMP Securities Announces Market Outperform $60.00 -
Benjamin Black Deutsche Bank Announces Buy $50.00 -
Shyam Patil Susquehanna Lowers Neutral $36.00 $50.00
Thomas Champion Piper Sandler Lowers Overweight $58.00 $68.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Zillow Gr. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Zillow Gr compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Zillow Gr's stock. This examination reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Zillow Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Zillow Gr analyst ratings.

All You Need to Know About Zillow Gr

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 operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.

Unraveling the Financial Story of Zillow Gr

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Zillow Gr's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 2.69%. This signifies 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -5.65%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.62%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Zillow Gr's ROA excels beyond industry benchmarks, reaching -0.42%. This signifies efficient management of assets and strong financial health.

Debt Management: Zillow Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.42.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

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.

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

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