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CoStar Group (CSGP-Q)
NASDAQ:CSGP
75.05
3.20
(4.09%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
CoStar Group operates as a leading provider of data and online platforms in the financial and real estate industries. The company is heavily investing in disrupting competitors, impacting its balance sheet and free cashflow. Despite recent struggles, there is optimism about its future potential, particularly as commercial real estate activity picks up. The stock is considered expensive but has fine potential for growth. Overall, experts are mixed about the current performance and future prospects of the company.
$74.210
Unknown
CSGP has struggled year-to-date down 12%, however we view the recent move to acquire MTTR positively. The balance sheet is in good shape with $3.85B in net cash. Revenue growth is expected to be strong and EPS is expected to double in 2025. The valuation is expensive on a forward earnings basis at 99x, and is above three year averages. On a forward sales basis, the valuation is at a low point on a three-year basis but is still expensive at 10.8x. We think it is a decent company and there is future potential as commercial real estate activity picks up. The valuation is expensive and recent declining profitability are deterrents.
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Sells real estate data to anyone who needs it. Subscription-based, proprietary. Market leader. Just made a smart acquisition. Raised guidance. Stock's fallen a lot this year and he has no idea why. Thinks next year will generate ample free cashflow. No dividend.
(Analysts’ price target is $102.53)He started buying it in 2021 when shares fell. Only lately has this perked up. The own info about real estate deals globally, and they run platforms like apartments.com and the new Homes.com, launching at the right time now and is already the #2 realtor site. Lots of cash flow. The stock looks expensive, but the CEO is focussed on growth. Fine potential here.
It sells subscription data on real estate to high net worth investors, banks, etc. They have a number of platforms but it hasn't performed very well lately because of concern for its bidding on a new platform. Has a great subscription base and is capital light. Not cheap but good long term.
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CoStar Group(CSGP-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
CoStar Group(CSGP-Q) Frequently Asked Questions
What is CoStar Group stock symbol?
CoStar Group is a American stock, trading under the symbol CSGP-Q on the NASDAQ (CSGP). It is usually referred to as NASDAQ:CSGP or CSGP-Q
Is CoStar Group a buy or a sell?
In the last year, 3 stock analysts published opinions about CSGP-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CoStar Group.
Is CoStar Group a good investment or a top pick?
CoStar Group was recommended as a Top Pick by on . Read the latest stock experts ratings for CoStar Group.
Why is CoStar Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is CoStar Group worth watching?
3 stock analysts on Stockchase covered CoStar Group In the last year. It is a trending stock that is worth watching.
What is CoStar Group stock price?
On 2024-12-13, CoStar Group (CSGP-Q) stock closed at a price of $75.05.
One of the world's best businesses. Provides data to financial and real estate companies, and that part's doing phenomenally. Also owns online real estate platforms, very competitive space, impacting its balance sheet. Spending lots of $$ to try to disrupt competitors, tough slog, depressing free cashflow and margins. CEO says not to worry, and there's no reason not to believe him, as they've pursued this strategy before.
Likes it very much for the long term.