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CoStar Group (CSGP)
NASDAQ:CSGP
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CSGP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.26 - $100.38
Previous Close$79.81
Volume3.84M
Average Volume (3M)2.70M
Market Cap
$32.72B
Enterprise Value$33.71B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$991.50M
Price to Earnings (P/E)185.6
Beta1.33
Next Earnings
Feb 25, 2025EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.43
Shares Outstanding409,959,517
10 Day Avg. Volume2,835,865
30 Day Avg. Volume2,697,348
Standard Deviation0.08
R-Squared0.29
Alpha-0.00211
Financial Highlights & Ratios
Price to Book (P/B)4.17
Price to Sales (P/S)11.08
Price to Cash Flow (P/CF)73.70
P/FCF Ratio164.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.64
Enterprise Value/Gross Profit17.17
Enterprise Value/Ebitda76.47
Forecast
1Y Price Target
$90.20Price Target Upside13.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
CoStar Group News
PremiumCompany Announcements
CoStar Group Reports Strong Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Acquisition And Product EnhancementCSGP announced the acquisition of Visual Lease, a software platform that will enhance CSGP's RE manager business and help enhance the company's value proposition and competitive moat.
Financial Performance And Market Perception3Q24 results beat consensus due to higher-than-expected margins, and the market is pricing in significant negative value for Homes.com, suggesting an excellent entry point.
Sales Strategy And Market ConditionsThe recent shift in the sales strategy and a more favorable commercial estate market backdrop as interest rates come down positions CSGP to deliver improving bookings growth over FY25.
Bears Say
Bookings And SalesNet new bookings fell -32% year-over-year, with management citing a depleted pipeline in core competencies.
Financial PerformanceQ3 revenue was approximately 0.5% below consensus.
Revenue GuidanceManagement lowered 2024E revenue guidance due to weaker-than-expected Residential revenues.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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?
Currently, no data Available
When is CoStar Group’s upcoming earnings report date?
CoStar Group’s upcoming earnings report date is Feb 25, 2025 which is in 94 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
Moderate Buy
Average Price Target:
$90.20 (13.02% Upside)
$90.20 (13.02% Upside)
Blogger Sentiment
Bullish
CSGP Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.8%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.81%
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
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CSGP Revenue Breakdown
96.36% North America
3.64% International
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CSGP Stock 12 Month Forecast
Average Price Target
$90.20
▲(13.02% Upside)
Technical Analysis
Best Analysts Covering CSGP
1 Year
1 Year Success Rate
18/23 ratings generated profit
1 Year Average Return
+17.72%
reiterated a buy rating last month
Copying Peter Christiansen's trades and holding each position for 1 Year would result in 78.26% of your transactions generating a profit, with an average return of +17.72% per trade.
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