Zillow (ZG) Receiving Favorable Press Coverage, Analysis Shows

Media headlines about Zillow (NASDAQ:ZG) have trended positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zillow earned a news sentiment score of 0.34 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.740791636891 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

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ZG has been the topic of several recent analyst reports. Bank of America raised their price objective on shares of Zillow from $53.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Canaccord Genuity raised their price objective on shares of Zillow from $53.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Deutsche Bank raised their price objective on shares of Zillow from $49.00 to $54.00 and gave the company a “hold” rating in a research report on Tuesday, March 6th. Stifel Nicolaus initiated coverage on shares of Zillow in a research report on Thursday, January 18th. They set a “hold” rating and a $38.00 price objective on the stock. Finally, Jefferies Group initiated coverage on shares of Zillow in a research report on Tuesday, February 6th. They set a “hold” rating and a $50.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $49.47.

NASDAQ ZG traded down $0.68 on Monday, reaching $51.97. The company had a trading volume of 276,512 shares, compared to its average volume of 391,000. The company has a debt-to-equity ratio of 0.14, a quick ratio of 7.11 and a current ratio of 7.11. The company has a market cap of $10,039.41, a P/E ratio of 346.47, a P/E/G ratio of 47.86 and a beta of 0.92. Zillow has a 12 month low of $33.99 and a 12 month high of $59.73.

Zillow (NASDAQ:ZG) last announced its quarterly earnings results on Thursday, February 8th. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $282.30 million for the quarter, compared to the consensus estimate of $277.60 million. Zillow had a negative net margin of 8.77% and a positive return on equity of 0.03%. Zillow’s revenue for the quarter was up 24.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. analysts forecast that Zillow will post 0.22 EPS for the current fiscal year.

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Zillow Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable consumers find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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