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


The leading market experts have placed a mean price target of $238.50 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 $1.22 a share for the upcoming quarter and $4.11 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 $214.33, and stock is trading $-7.34 points away or -3.43% from its 50-day moving average of $214.33. Further it is trading $13.29 or +6.86% away its 200-day moving average of $193.70. CoStar Group, Inc. (NASDAQ:CSGP) 52-week high is $224.79 and the 52-week low is $146.53.

This explains if the stock moves $-17.80, it will post a 52-week high. In event of +41.26% 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 133.37.

The stock last ended the trading session at $206.99 and registered a market cap of $6.75B. 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 2.80.

1 Chart Pattern Every Investor Should Know

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