Is it time to Buy before this week’s earning report Zillow Group (NASDAQ:Z)

Earnings results for Zillow Group (NASDAQ:Z)

Zillow Group, Inc. is expected* to report earnings on 05/04/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. The reported EPS for the same quarter last year was $-0.44.

Zillow Group last released its quarterly earnings results on February 10th, 2021. The financial services provider reported $0.20 earnings per share for the quarter. The firm had revenue of $788.95 million for the quarter. Zillow Group has generated $0.00 earnings per share over the last year. Zillow Group has confirmed that its next quarterly earnings report will be published on Tuesday, May 4th, 2021. Zillow Group will be holding an earnings conference call on Tuesday, May 4th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Zillow Group (NASDAQ:Z)

11 Wall Street analysts have issued ratings and price targets for Zillow Group in the last 12 months. Their average twelve-month price target is $154.43, predicting that the stock has a possible upside of 18.68%. The high price target for Z is $200.00 and the low price target for Z is $112.00. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Zillow Group has received a consensus rating of Hold. The company’s average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $154.43, Zillow Group has a forecasted upside of 18.7% from its current price of $130.12. Zillow Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Zillow Group (NASDAQ:Z)

Zillow Group does not currently pay a dividend. Zillow Group does not have a long track record of dividend growth.

Insiders buying/selling: Zillow Group (NASDAQ:Z)

In the past three months, Zillow Group insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,435,753.00 in company stock. Only 19.87% of the stock of Zillow Group is held by insiders. 76.11% of the stock of Zillow Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Zillow Group (NASDAQ:Z

The P/E ratio of Zillow Group is -66.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Zillow Group is -66.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Zillow Group has a P/B Ratio of 7.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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