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CoStar Group (CSGP)
NASDAQ:CSGP
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CSGP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$68.26 - $100.38
Previous CloseN/A
Volume391.21K
Average Volume (3M)2.57M
Market Cap
$30.10B
Enterprise Value$26.95B
Total Cash (Recent Filing)$567.22M
Total Debt (Recent Filing)$306.47M
Price to Earnings (P/E)171.7
Beta1.37
Next Earnings
Feb 25, 2025EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.43
Shares Outstanding409,959,500
10 Day Avg. Volume2,559,740
30 Day Avg. Volume2,572,302
Standard Deviation0.08
R-Squared0.31
Alpha-0.00365
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)11.29
Price to Cash Flow (P/CF)75.00
P/FCF Ratio167.30
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue10.10
Enterprise Value/Gross Profit13.72
Enterprise Value/Ebitda61.13
Forecast
1Y Price Target
$91.63Price Target Upside24.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
CoStar Group News
Bulls Say, Bears Say
Bulls Say
International GrowthCoStar Suite has significant opportunity internationally, with roughly 240K subscribers, highlighting its pivotal role in the commercial real estate industry.
Market PotentialManagement plans to further penetrate the massive $100 billion+ global market opportunity, highlighted by its recent investments in Homes.com and global expansion, both of which offer sizable growth opportunities for CSGP.
Sales ExpansionCSGP plans to add 100+ salespeople to CoStar Suite, which could significantly increase revenue if new salespeople achieve similar productivity levels.
Bears Say
Market SaturationInvestors are likely worried about market saturation, as CSGP has already captured approximately 25% of its total addressable market.
Net BookingsNet new bookings fell -32% y/y, with management citing a depleted pipeline in core competencies.
Revenue GuidanceManagement lowered 2024E revenue guidance due to weaker-than-expected Residential revenues.
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Ownership Overview
1.17% Insiders
44.61% Mutual Funds
1.10% Other Institutional Investors
22.87% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CSGP FAQ
What was CoStar Group’s price range in the past 12 months?
CoStar Group lowest stock price was $68.26 and its highest was $100.38 in the past 12 months.
What is CoStar Group’s market cap?
CoStar Group’s market cap is $30.10B.
When is CoStar Group’s upcoming earnings report date?
CoStar Group’s upcoming earnings report date is Feb 25, 2025 which is in 35 days.
How were CoStar Group’s earnings last quarter?
CoStar Group released its earnings results on Oct 22, 2024. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.163 by $0.057.
Is CoStar Group overvalued?
According to Wall Street analysts CoStar Group’s price is currently Undervalued.
Does CoStar Group pay dividends?
CoStar Group does not currently pay dividends.
What is CoStar Group’s EPS estimate?
CoStar Group’s EPS estimate is 0.22.
How many shares outstanding does CoStar Group have?
CoStar Group has 409,959,500 shares outstanding.
What happened to CoStar Group’s price movement after its last earnings report?
CoStar Group reported an EPS of $0.22 in its last earnings report, beating expectations of $0.163. Following the earnings report the stock price went down -5.269%.
Which hedge fund is a major shareholder of CoStar Group?
Among the largest hedge funds holding CoStar Group’s share is Akre Capital Management LLC. It holds CoStar Group’s shares valued at 674M.
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CoStar Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$91.63 (24.08% Upside)
$91.63 (24.08% Upside)
Blogger Sentiment
Bullish
CSGP Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.59%
12-Months-Change
Fundamentals
Return on Equity
2.38%
Trailing 12-Months
Asset Growth
4.18%
Trailing 12-Months
Company Description
CoStar Group
Founded in 1987, CoStar Group, Inc. is based in the District of Columbia and provides information, analytics, and marketing services to the commercial real estate industry. The company offers its services through three divisions: Information and analytics, Online marketplaces, and Commercial property and land.
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CSGP Company Deck
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CSGP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
CoStar Group demonstrated strong performance in core segments with consistent revenue growth and high renewal rates, despite facing challenges in sales productivity and declines in specific revenue streams. The company's strategic investments in new product launches and expansion of the sales force are expected to drive future growth.Read More>---
CSGP Revenue Breakdown
96.36% North America
3.64% International
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CSGP Stock 12 Month Forecast
Average Price Target
$91.63
▲(24.08% Upside)
Technical Analysis
CBRE Group
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Best Analysts Covering CSGP
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+15.82%
reiterated a buy rating 8 days ago
Copying Peter Christiansen's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +15.82% per trade.
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