There Is Clear Momentum For Costar Group, Inc. (NASDAQ: CSGP)

Costar Group, Inc. (CSGP) concluded trading on Wednesday at a closing price of $72.82, with 14.63 million shares of worth about $1.07 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.80% during that period and on October 23, 2024 the price saw a loss of about -5.27%. Currently the company’s common shares owned by public are about 408.10M shares, out of which, 404.83M shares are available for trading.

Stock saw a price change of -5.71% in past 5 days and over the past one month there was a price change of -4.61%. Year-to-date (YTD), CSGP shares are showing a performance of -16.67% which decreased to -0.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $67.35 but also hit the highest price of $100.38 during that period. The average intraday trading volume for Costar Group, Inc. shares is 2.23 million. The stock is currently trading -3.91% below its 20-day simple moving average (SMA20), while that difference is down -4.67% for SMA50 and it goes to -10.76% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Costar Group, Inc. (NASDAQ: CSGP) currently have 408.10M outstanding shares and institutions hold larger chunk of about 97.69% of that.

The stock has a current market capitalization of $29.84B and its 3Y-monthly beta is at 0.82. PE ratio of stock for trailing 12 months is 169.31, while it has posted earnings per share of $0.43 in the same period. Its PEG reads 12.27 and has Quick Ratio of 9.27 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CSGP, volatility over the week remained 3.35% while standing at 2.59% over the month.

Stock’s fiscal year EPS is expected to drop by -43.60% while it is estimated to increase by 62.30% in next year. EPS is likely to grow at an annualized rate of 13.80% for next 5-years, compared to annual growth of 7.09% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on Oct-24-24 offering a Sector perform rating for the stock and assigned a target price range of between $96 and $83 to it. Coverage by Citigroup stated Costar Group, Inc. (CSGP) stock as a Buy in their note to investors on February 07, 2024, suggesting a price target of $97 for the stock. On January 19, 2024, BTIG Research Initiated their recommendations, while on December 18, 2023, Goldman Resumed their ratings for the stock with a price target of $98. Stock get a Hold rating from Jefferies on October 16, 2023.

Most Popular

Related Posts