Stock To Watch: CoStar Group, Inc. (NASDAQ:CSGP)


The leading market experts have placed a mean price target of $228.43 on CoStar Group, Inc. (NASDAQ:CSGP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.02 a share for the upcoming quarter and $4.09 for the current fiscal. Technical View The technical analysis of CoStar Group, Inc. plainly substantiates that the 50-day moving average of CoStar Group, Inc. is $205.95, and stock is hovering 7.21 or +3.50% distant from $205.95. It is noted that the 200-day MA is $189.14, and CoStar Group, Inc. stock is $24.02 or +12.70% off from this point. CoStar Group, Inc. (NASDAQ:CSGP) 52-week high is $223.49 and the 52-week low is $146.53. This explains if the stock moves $-10.33, it will post a 52-week high. In event of $+45.47% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of CoStar Group, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CoStar Group, Inc. (NASDAQ:CSGP) ratio came in at 352.91. The stock last ended the trading session at $213.16 and registered a market cap of $6.94B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CoStar Group, Inc. (NASDAQ:CSGP) PEG ratio is at 2.91.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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