HomeMarketCoStar Group Inc. (NASDAQ:CSGP) stock is trading -7.90 percent below its 52-week...

CoStar Group Inc. (NASDAQ:CSGP) stock is trading -7.90 percent below its 52-week high

JP Morgan raised the price target for the CoStar Group Inc. (NASDAQ:CSGP) stock to “an Overweight”. The rating was released on December 16, 2022, according to finviz. The research report from Jefferies has resumed the stock to Hold, with a price target set at $76. The stock was initiated by BMO Capital Markets, who disclosed in a research note on September 12, 2022, to Market Perform and set the price objective to $83. In their research brief published February 23, 2022, Truist analysts reiterated the CoStar Group Inc. stock to Buy with a price target of $70.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of CoStar Group Inc. (NASDAQ:CSGP) dipped -0.15% to close Tuesday’s market session at $78.63, lower as compared to yesterday’s close. The stock price fluctuated between $78.09 and $78.93 throughout the trading session with the volume trading being 1519805 shares, which represented a significant variation when compared to the three months average volume of 2.51 million shares. The firm’s stock price fluctuated -1.24% within the last five trades and 0.89% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 27.67% in the last 6 months and 9.51% was added to its value over the previous 3 months. CSGP stock is trading at a margin of 0.93%, -1.16% and 12.19% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, CSGP deals in the Real Estate domain. The stock is trading -7.90 percent below its 52-week high and 60.47 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 20.88. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does CoStar Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 21.90 percent and the profit margin is 16.00 percent, and the company has reported a gross margin of 81.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $31.20 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for CoStar Group Inc. (NASDAQ:CSGP) is 91.86. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 53.53. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 14.75 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 4.63, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Hill John W, the Director at CoStar Group Inc. (CSGP) has sold 3,650 shares of firm on Nov 03 at a price of $78.92 against the total amount of $0.29 million. In another inside trade, DESMARAIS MICHAEL J, Chief Human Resources Officer of CoStar Group Inc. (NASDAQ:CSGP) sold 1,296 shares of the firm on Oct 28 for a total worth of $0.11 million at a price of $82.81. An inside trade which took place on Aug 10, Director of CoStar Group Inc. Hill John W sold 1,400 shares of firm against total price of $0.1 million at the cost of $74.49 per share.

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