With 408.10M Outstanding Shares, Can Costar Group, Inc. (NASDAQ: CSGP) Deliver Big Short-Term Gains?

Costar Group, Inc. (NASDAQ:CSGP) currently has a daily average trading volume of 2.23M but it saw 14630052 shares traded in last market. With a market cap of 29.84B USD, the company’s current market price of $72.82 came falling about -5.27 while comparing to the previous closing price of $76.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $100.38 and as low as $67.35. In the recent trading on the day, stock has struck highest price mark of $68.256 while lowest mark touched by it was $72.96.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which downgraded the stock as “Sector Perform” in its note to investors issued on October 23, 2024, recommending a price target of between $96 and $83 for it.

Over the week, CSGP’s stock price is moving -5.71% down while it is -4.61% when we observe its performance for the past one month. Year-to-date it is -16.67% down and over the past year, the stock is showing a downside performance of -0.59%.

Currently, Costar Group, Inc.’s total number of outstanding shares is 408.10M. Company’s return on investment (ROI) stands at 2.07% and return on equity (ROE) at 2.38%. It has a price to earnings ratio (P/E ratio) of 169.31 while having a 65.21 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 4.03 while price to sale or P/S ratio amounts to 11.19. Its return on asset (ROA) is 1.96% on average.