Zillow Group (Z) Projected to Post Quarterly Earnings on Tuesday

Zillow Group (NASDAQ:Z) is expected to issue its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $544.00 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Zillow Group Trading Up 0.0 %

Shares of Z opened at $82.26 on Tuesday. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. Zillow Group has a fifty-two week low of $38.45 and a fifty-two week high of $86.88. The firm has a 50-day simple moving average of $78.60 and a 200-day simple moving average of $66.50.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CTO David A. Beitel sold 56,750 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $72.39, for a total value of $4,108,132.50. Following the sale, the chief technology officer now owns 92 shares of the company’s stock, valued at $6,659.88. This represents a 99.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeremy Hofmann sold 23,388 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $84.98, for a total transaction of $1,987,512.24. Following the transaction, the chief financial officer now directly owns 99,362 shares of the company’s stock, valued at approximately $8,443,782.76. This trade represents a 19.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 164,689 shares of company stock valued at $12,520,379. Corporate insiders own 23.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on Z shares. Morgan Stanley lifted their target price on Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Bank of America lifted their price objective on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Baird R W upgraded shares of Zillow Group to a “hold” rating in a research report on Friday. Jefferies Financial Group lifted their target price on shares of Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Zillow Group has an average 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.