Zillow Group (Z) Expected to Announce Earnings on Tuesday

Zillow Group (NASDAQ:Z) will likely be releasing its earnings data after the market closes on Tuesday, February 11th. Analysts expect Zillow Group to post earnings of $0.26 per share and revenue of $546.38 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Zillow Group Price Performance

Z opened at $87.32 on Monday. The firm has a 50-day moving average price of $78.69 and a 200-day moving average price of $67.52. Zillow Group has a twelve month low of $38.45 and a twelve month high of $88.15. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of -153.19, a PEG ratio of 16.20 and a beta of 2.03.

Insider Transactions at Zillow Group

In other Zillow Group news, insider Susan Daimler sold 3,694 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total value of $273,282.12. Following the completion of the transaction, the insider now owns 18,770 shares in the company, valued at approximately $1,388,604.60. This represents a 16.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jeremy Hofmann sold 1,612 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $84.98, for a total value of $136,987.76. Following the transaction, the chief financial officer now directly owns 99,362 shares of the company’s stock, valued at $8,443,782.76. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 164,689 shares of company stock valued at $12,520,379. Company insiders own 23.76% of the company’s stock.

Analyst Ratings Changes

Z has been the topic of several recent research reports. KeyCorp upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 2nd. Baird R W raised shares of Zillow Group to a “hold” rating in a report on Friday, January 31st. Morgan Stanley raised their price objective on Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. Needham & Company LLC restated a “hold” rating on shares of Zillow Group in a research report on Thursday, November 7th. Finally, Jefferies Financial Group raised their target price on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Five analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.83.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.