The Week Ahead: Are Investors Really Too Optimistic About Zillow Group Inc (NASDAQ: Z)

Zillow Group Inc (NASDAQ:Z) currently has a daily average trading volume of 2.75M but it saw 3665304 shares traded in last market. With a market cap of 17.12B USD, the company’s current market price of $70.94 came rising about 0.52 while comparing to the previous closing price of $70.57. 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 $69.66 while lowest mark touched by it was $73.63.

Taking a look at 20-day trading activity of Zillow Group Inc (Z) gives us an average price of $73.45, while its current price level is -20.64% below from 52-week high level whereas it is 84.50% 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 $77.29 while that of 200 days or SMA-200 reads an average of $64.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.66% during that period while stretching the period over a month that increases to 4.41%. 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 41.76 which implies that the stock is in neutral territory.

Over the week, Z’s stock price is moving 3.76% up while it is -11.14% when we observe its performance for the past one month. Year-to-date it is -4.20% down and over the past year, the stock is showing an upside performance of 48.81%.

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 $587.5M 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 94.72% 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 30.92 of forward P/E ratio. Stock’s beta reads 2.19. Stock has a price to book (P/B) ratio of 3.55 while price to sale or P/S ratio amounts to 7.65. Its return on asset (ROA) is -1.79% on average.