In yesterday’s Wall Street session, Zillow Group Inc (NASDAQ:Z) shares traded at $47.67, down -0.08% from the previous session.
Z stock price is now -13.79% away from the 50-day moving average and -4.09% away from the 200-day moving average. The market capitalization of the company currently stands at $11.12B.
, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Hofmann Jeremy, Chief Financial Officer sold 7,813 shares of the company’s stock on Mar 15 ’24. The stock was sold for $427,873 at an average price of $54.76. Upon completion of the transaction, the Chief Financial Officer now directly owns 137,347 shares in the company, valued at $6.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’24, Director BLACHFORD ERIK C sold 67,423 shares of the business’s stock. A total of $3,600,667 was realized by selling the stock at an average price of $53.40. A total of 34.02% of the company’s stock is owned by insiders.
During the past 12 months, Zillow Group Inc has had a low of $33.80 and a high of $61.13. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 3.24, and a quick ratio of 3.24. The fifty day moving average price for Z is $55.16 and a two-hundred day moving average price translates $49.71 for the stock.
The latest earnings results from Zillow Group Inc (NASDAQ: Z) was released for Dec, 2023. According to the Internet Content & Information Company, earnings per share came in at $0.2, beating analysts’ expectations of $0.12 by 0.08. This compares to -$0.31 EPS in the same period last year. The net profit margin was -8.12% and return on equity was -3.51% for Z. The company reported revenue of $474.0 million for the quarter, compared to $435.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.97 percent. For the current quarter, analysts expect Z to generate $506.81M in revenue.
Zillow Group Inc(Z) Company Profile
Zillow Group, Inc. operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services. In addition, the company’s brand portfolio includes Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East; and a suite of marketing software and technology solutions for the real estate industry, including ShowingTime+, Spruce, and Follow Up Boss. Zillow Group, Inc. was incorporated in 2004 and is headquartered in Seattle, Washington.
