Zillow Given Average Recommendation of “Hold” by Analysts (NASDAQ:Z)
Zillow (NASDAQ:Z) has been given an average rating of “Hold” by the sixteen analysts that are currently covering the company, American Banking News.com reports. Six research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $136.93.
In other Zillow news, CTO David A. Beitel sold 13,345 shares of Zillow stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $138.67, for a total transaction of $1,850,551.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on Z. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Zillow in a research note on Wednesday, August 6th. They now have a $115.00 price target on the stock, up previously from $78.00. Separately, analysts at Benchmark Co. raised their price target on shares of Zillow from $185.00 to $190.00 in a research note on Wednesday, August 6th. Finally, analysts at JMP Securities raised their price target on shares of Zillow from $150.00 to $155.00 in a research note on Wednesday, August 6th.
Zillow (NASDAQ:Z) opened at 138.88 on Tuesday. Zillow has a 1-year low of $70.28 and a 1-year high of $164.90. The stock has a 50-day moving average of $137.5 and a 200-day moving average of $108.7. The company’s market cap is $5.572 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.01. The company had revenue of $78.68 million for the quarter, compared to the consensus estimate of $76.52 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 67.7% on a year-over-year basis. On average, analysts predict that Zillow will post $0.38 earnings per share for the current fiscal year.
Zillow, Inc (NASDAQ:Z), provides real estate and home-related information.
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