Wall Street Analysts Offer Insight on Zillow Group [Z]
January 13, 2023
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Zillow Group ($NASDAQ:ZG) Inc. Z is an American technology and media company specializing in real estate and rentals, headquartered in Seattle, Washington. The company is well-known for its popular website and app Zillow, a popular destination for home buyers and renters alike. Zillow Group also owns several other real estate-related websites, such as Trulia and StreetEasy. Given the company’s success, it has been receiving attention from Wall Street analysts. In particular, analysts have been examining Zillow Group’s financials, assessing its potential growth, and analyzing the potential risks associated with investing in the company. Analysts have been positive on the overall outlook of Zillow Group. They view the company as a well-run business with strong prospects for future growth, especially given its expanding portfolio of real estate-related products and services. Analysts also note that Zillow Group has been successful in capitalizing on the increasing number of Millennials entering the housing market. At the same time, analysts recognize certain risks associated with investing in Zillow Group. They note that the company faces competition from other major players in the real estate industry, such as Redfin and Realtor.com.
Additionally, analysts point out that Zillow Group’s profitability may be affected by changes in the real estate market or mortgage rates. Overall, Wall Street analysts have been positive on the potential of Zillow Group. Analysts recognize the company’s strong potential for growth, but they are also aware of the associated risks. Investors should take these insights into consideration when deciding whether or not to invest in Zillow Group Inc. Z.
Stock Price
Wall Street Analysts recently offered insight on Zillow Group Inc. Z, with the stock opening at $41.2 and closing at $42.1 on Thursday, representing an increase of 2.4% from its previous closing price of 41.1. The company’s share price has been fluctuating over the past few weeks, but analysts are optimistic about the firm’s prospects in the near future. Analysts cite the company’s focus on technology and its ability to capitalize on the growing demand for online real estate services as key drivers of growth.
Additionally, their extensive network of partners and agents is seen as another significant advantage, allowing them to offer a wide range of services to its customers. Analysts also note that Zillow Group has been able to effectively manage its costs and maximize its profits, thus creating value for shareholders. The company has also been able to successfully expand its services into new markets, which has allowed it to capitalize on new opportunities and generate additional revenue sources. Analysts believe that Zillow Group is well-positioned to benefit from the digital revolution in real estate and are confident that the company will continue to outperform in the coming years. They expect that the company’s share price will continue to rise over time as the firm continues to expand its services and capitalize on new opportunities. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zillow Group. More…
| Total Revenues | Net Income | Net Margin |
| 8.07k | -289.78 | -7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zillow Group. More…
| Operations | Investing | Financing |
| 4.21k | -655.72 | -4.1k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zillow Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.72k | 2.12k | 19.35 |
Key Ratios Snapshot
Some of the financial key ratios for Zillow Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 55.1% | 41.2% | -6.4% |
| FCF Margin | ROE | ROA |
| 50.4% | -7.0% | -4.8% |
VI Analysis
Zillow Group is a high risk investment according to VI Risk Rating, as it has five risk warnings in its financial and non-financial statements. The company’s fundamentals are essential in evaluating its long-term potential. To have a better understanding of the risks, investors can register on the VI App and access the income sheet, balance sheet, cashflow statement, and the financial and non-financial journal. The company’s income statement reveals the revenue earned and expenses incurred by the company over a period of time. The balance sheet outlines the company’s assets and liabilities as of a certain date. The cashflow statement reveals how cash flows in and out of the company. The non-financial journal provides information about the company’s operations, such as sales, marketing, and customer relations. The financial journal provides a comprehensive look at the company’s financial performance, including income, expenses, taxes, and net income. When evaluating the risks associated with investing in a company, investors should consider all of these financial and non-financial factors. By using the VI App, investors can easily access all of these documents and analyse them to determine the potential risks of investing in Zillow Group. By doing so, investors can make informed decisions about whether or not to invest in the company. More…
VI Peers
Founded in 2006, Zillow Group Inc operates the largest real estate and home-related marketplaces in the United States. The company’s mission is to empower consumers with information and tools to make better decisions about homes, real estate, and mortgages. Zillow Group Inc is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol Z. BCW Group Holding Inc, Baltic Classifieds Group PLC, and Hemnet Group AB are all leading competitors of Zillow Group Inc in the online real estate database market.
– BCW Group Holding Inc ($LSE:BCG)
Baltic Classifieds Group PLC is a classified ads company that operates in the Baltics, Russia, and other countries in Eastern Europe. It has a market cap of 698.23M as of 2022 and a return on equity of 1.31%. The company was founded in 2006 and is headquartered in Riga, Latvia.
– Baltic Classifieds Group PLC ($OTCPK:HMNTY)
Hemnet Group AB is a Swedish real estate company. The company operates in the online real estate market in Sweden. It offers a platform for buying and selling homes and apartments. The company also offers a range of other services, such as home financing, home insurance, and home moving services. Hemnet Group AB was founded in 2002 and is headquartered in Stockholm, Sweden.
Summary
Investment analysts have offered insight on investing in Zillow Group Inc. (Z). In terms of profitability, the company’s margins are expected to increase and return on equity is anticipated to remain steady. Analysts anticipate that Zillow’s revenue growth will outpace the industry average. Its main areas of strength are its user engagement, a focus on technology, and expansion into new markets.
Additionally, analysts believe that the company has a strong balance sheet and adequate liquidity. Overall, investment analysts recommend that investors consider adding Zillow to their portfolios.
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