The price of Costar Group, Inc (NASDAQ:CSGP) shares last traded on Wall Street fell -10.31% to $74.17.
CSGP stock price is now -5.32% away from the 50-day moving average and -2.68% away from the 200-day moving average. The market capitalization of the company currently stands at $31.28B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $89, Deutsche Bank recently initiated with Buy rating for Costar Group, Inc (NASDAQ: CSGP). On February 05, 2025, Wells Fargo recently initiated its ‘Underweight’ rating on the stock quoting a target price of $65, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Cann Cynthia Cammett, Chief Accounting Officer sold 1,749 shares of the company’s stock on Mar 10 ’25. The stock was sold for $139,745 at an average price of $79.90. Upon completion of the transaction, the Chief Accounting Officer now directly owns 29,456 shares in the company, valued at $2.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, Chief Accounting Officer Cann Cynthia Cammett sold 1,310 shares of the business’s stock. A total of $100,673 was realized by selling the stock at an average price of $76.85. This leaves the insider owning 26,485 shares of the company worth $1.96 million. A total of 1.38% of the company’s stock is owned by insiders.
During the past 12 months, Costar Group, Inc has had a low of $68.26 and a high of $92.84. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 8.96, and a quick ratio of 8.96. According to the stock market information, the enterprise value for the company is $30363987968, which is based on a 218.21 price-to-earnings ratio, a 6.27 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for CSGP is $78.3414 and a two-hundred day moving average price translates $76.20905 for the stock.
The latest earnings results from Costar Group, Inc (NASDAQ: CSGP) was released for 2024-12-31. The net profit margin was 4.93% and return on equity was 1.86% for CSGP. The company reported revenue of $709.4 million for the quarter, compared to $640.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.84 percent. For the current quarter, analysts expect CSGP to generate $771.94M in revenue.
