Costar Group Stock Intrinsic Value – John W. Hill Cashes Out 1500 Shares of CoStar Group, Stock
July 1, 2023
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COSTAR ($NASDAQ:CSGP): John W. Hill, a Director of CoStar Group, Inc., recently sold 1,500 of the company’s shares of stock. CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. It offers a suite of services to help clients make informed decisions when buying or leasing property. CoStar’s services are used by many of the world’s largest companies, such as Walmart and Starbucks, as well as by individual investors.
The disposal of 1,500 shares of CoStar Group stock by Mr. Hill marks the latest in a series of stock trades by the company’s directors. The sales could be signs that the insiders are seeking to capitalize on the company’s performance or that they may have concerns about the future of the stock. Only time will tell if Hill’s sale was a prudent move or one that will leave some investors behind.
Share Price
The stock opened at $91.1 and closed at $89, a decrease of 1.2% from its previous closing price of $90.1. The decline in stock price reflects the overall market conditions; however, it is unclear whether Hill’s sale of shares had any influence on the stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Costar Group. More…
| Total Revenues | Net Income | Net Margin |
| 2.25k | 367.27 | 16.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Costar Group. More…
| Operations | Investing | Financing |
| 471.13 | -76.28 | 733.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Costar Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.52k | 1.55k | 16.89 |
Key Ratios Snapshot
Some of the financial key ratios for Costar Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.4% | 4.5% | 17.5% |
| FCF Margin | ROE | ROA |
| 18.7% | 3.6% | 2.9% |
Analysis – Costar Group Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of COSTAR GROUP‘s fundamentals and determined that its intrinsic value is around $89.0. This figure was calculated with our proprietary Valuation Line. We believe that at this price, COSTAR GROUP is fairly valued. The current market price of the stock is also $89.0, confirming this assessment. More…
Peers
CoStar Group Inc is a commercial real estate information and analytics company. Its competitors are Altus Group Ltd, Aroundtown SA, and Belpointe PREP LLC.
– Altus Group Ltd ($TSX:AIF)
Altus Group is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Our integrity, innovative technology and comprehensive data and analytics enable us to help our clients make informed decisions and drive business value. We have a deep understanding of the forces shaping the commercial real estate industry and a proven track record of helping our clients achieve their business objectives.
– Aroundtown SA ($LTS:0RUH)
The company’s market capitalization is $2.75 billion and its return on equity is 7.46%. The company is a real estate investment trust that owns, operates, and develops properties in Germany.
– Belpointe PREP LLC ($NYSEAM:OZ)
As of 2022, Belpointe PREP LLC has a market cap of 302.88M and a Return on Equity of -1.62%. The company is a provider of educational services. It offers a variety of services to its students, including academic advising, tutoring, and college counseling. Belpointe PREP LLC is committed to providing its students with the skills and knowledge necessary to succeed in their academic pursuits.
Summary
Investing in CoStar Group, Inc. has been a sound financial decision for shareholders over the past few years. Recently, the company’s director John W. Hill sold 1,500 shares of stock, indicating that CoStar Group may be entering a period of volatility or stagnation. Nevertheless, analysts remain bullish on the company and suggest that investors keep an eye on it in the coming months. CoStar Group has performed well with revenue growth outpacing industry averages, and it has a strong balance sheet with no debt.
Its core technology and services also remain strong and in high demand, making it a viable long-term investment. Investors should be aware of the market conditions and remain diligent in conducting their own research before making any decisions on investing in CoStar Group.
