Zillow Group (ZG) Given Daily News Impact Score of 0.43
News headlines about Zillow Group (NASDAQ:ZG) have trended positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Zillow Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.607236983189 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Zillow Group, Inc. (ZG) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- 3 Growth Stocks for Forward-Looking Investors — The Motley Fool – Motley Fool (fool.com)
- BP plc (BP) Reaches $40.74 After 8.00% Up Move; Profile of 8 Analysts Covering Zillow Group, Inc. (ZG) – Hill Country Times (hillcountrytimes.com)
- Trulia Reveals Wallpaper, Patterns, and High Gloss Lacquer Will Be Hot Design Trends in 2018 – Markets Insider (markets.businessinsider.com)
Shares of Zillow Group (NASDAQ ZG) traded up $1.18 during trading hours on Thursday, reaching $41.57. 347,036 shares of the company were exchanged, compared to its average volume of 436,280. The company has a quick ratio of 6.44, a current ratio of 6.44 and a debt-to-equity ratio of 0.14. Zillow Group has a 12-month low of $32.63 and a 12-month high of $50.91.
Zillow Group (NASDAQ:ZG) last issued its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $282.00 million during the quarter, compared to analysts’ expectations of $276.57 million. Zillow Group had a negative net margin of 3.99% and a negative return on equity of 0.25%. Zillow Group’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS. research analysts expect that Zillow Group will post -0.04 earnings per share for the current fiscal year.
Several research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Zillow Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Royal Bank of Canada upped their target price on shares of Zillow Group from $49.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. Barclays upped their target price on shares of Zillow Group from $44.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday, November 8th. Macquarie assumed coverage on shares of Zillow Group in a report on Monday, September 25th. They issued a “neutral” rating for the company. Finally, Canaccord Genuity restated a “buy” rating and issued a $52.00 target price on shares of Zillow Group in a report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $47.21.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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