Zillow Group (Z) Scheduled to Post Earnings on Wednesday

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Zillow Group (NASDAQ:Z) is set to release its earnings data after the market closes on Wednesday, August 7th.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings results on Thursday, May 9th. The financial services provider reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.14). Zillow Group had a negative return on equity of 3.18% and a negative net margin of 11.35%. The business had revenue of $454.10 million during the quarter.

Z stock opened at $47.08 on Tuesday. Zillow Group has a 1-year low of $26.38 and a 1-year high of $58.75. The business has a fifty day simple moving average of $47.84. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.73 and a quick ratio of 3.98.

In other news, Director Jay C. Hoag purchased 690,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The stock was bought at an average cost of $42.04 per share, with a total value of $29,007,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeremy Wacksman sold 1,855 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $40.93, for a total value of $75,925.15. Following the transaction, the insider now directly owns 39,075 shares of the company’s stock, valued at $1,599,339.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 231,400 shares of company stock valued at $10,360,125. Corporate insiders own 19.87% of the company’s stock.

Z has been the subject of a number of research reports. Bank of America upped their price objective on Zillow Group from $31.00 to $35.00 and gave the company an “underperform” rating in a research report on Friday, May 10th. ValuEngine upgraded Zillow Group from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. BidaskClub upgraded Zillow Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 4th. Standpoint Research cut Zillow Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th. Finally, KeyCorp initiated coverage on Zillow Group in a research report on Friday, July 19th. They set an “overweight” rating and a $66.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $40.84.

Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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Earnings History for Zillow Group (NASDAQ:Z)

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