Zillow Group Inc (Z) Down -23.51% From Its 52-Week High, But Growth Potential Is Changing Over Time

Zillow Group Inc (NASDAQ:Z) currently has a daily average trading volume of 2.77M but it saw 2251672 shares traded in last market. With a market cap of 16.49B USD, the company’s current market price of $68.37 came falling about -4.62 while comparing to the previous closing price of $71.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $89.39 and as low as $38.45. In the recent trading on the day, stock has struck highest price mark of $68.2448 while lowest mark touched by it was $71.94.

Taking a look at 20-day trading activity of Zillow Group Inc (Z) gives us an average price of $75.69, while its current price level is -23.51% below from 52-week high level whereas it is 77.81% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $77.68 while that of 200 days or SMA-200 reads an average of $64.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.04% during that period while stretching the period over a month that decreases to 4.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.96 which implies that the stock is in neutral territory.

Over the week, Z’s stock price is moving -7.70% down while it is -20.79% when we observe its performance for the past one month. Year-to-date it is -7.67% down and over the past year, the stock is showing an upside performance of 20.09%.

The company is expected to be releasing its next quarterly report on 2025-Feb-10, for which analysts forecasted an EPS of 0.37 while estimate for next year EPS is 1.96. In next quarter, company is expected to be making quarterly sales of $651.45M as analysts are expecting the sales for current fiscal year at $2.55B and seeing the company making $2.93B in sales next year. Moreover, analysts are in estimates of $587.22M for current-quarter revenue.

Currently, Zillow Group Inc’s total number of outstanding shares is 181.94M with 5.78% of that held by the insiders while 94.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.27% and return on equity (ROE) at -2.39%. It has a 29.79 of forward P/E ratio. Stock’s beta reads 2.17. Stock has a price to book (P/B) ratio of 3.42 while price to sale or P/S ratio amounts to 7.38. Its return on asset (ROA) is -1.79% on average.