Zillow Group Inc (NASDAQ:Z) price on current trading day, fall -3.72% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $63.60.
A look at the stock’s price movement, the level at last check in today’s session was $66.06, moving within a range at $62.39 and $64.64. The beta value (5-Year monthly) was 2.227. Turning to its 52-week performance, $89.39 and $38.45 were the 52-week high and 52-week low respectively. Overall, Z moved -11.27% over the past month.
Zillow Group Inc’s market cap currently stands at around $15.37 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-10.
Analysts have a consensus estimate of 587.88M for the company’s revenue for the quarter, with a low and high estimate of 581.51M and 603.97M respectively. The average forecast suggests up to a 11.13% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.55B, representing a 14.19% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that Z is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 5 recommend Z as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
Z’s current price about -7.89% and -14.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.00, while 7-day volatility ratio is 9.63% and 5.02% in the 30-day chart. Further, Zillow Group Inc (Z) has a beta value of 2.23, and an average true range (ATR) of 3.91. Analysts have given the company’s stock an average 52-week price target of $41, forecast between a low of $33 and high of $50. Looking at the price targets, the low is 48.11% off recent price level in today’s trading while to achieve the yearly target high, it has to move 21.38%. Nonetheless, investors will most likely welcome a 35.53% jump to $41 which is the analysts’ median price.
If we refocus on Zillow Group Inc (NASDAQ:Z), historical trading data shows that trading volumes averaged 4.23 over the past 10 days and 3.15 million over the past 3 months. The company’s latest data on shares outstanding shows there are 181.94 million shares.
The 33.40% of Zillow Group Inc’s shares are in the hands of company insiders while institutional holders own 66.55% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.38 million on 2025-03-14, giving us a short ratio of 3.92. Current price change has pushed the stock -14.11% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the Z stock continues to rise going into the next quarter.
