Stock Mover of the Day: Time to Buy Zillow Group, Inc. After Today’s Big Decline?

Stock Mover of the Day: Time to Buy Zillow Group, Inc. After Today's Big Decline?

The stock of Zillow Group, Inc. (NASDAQ:Z) is a huge mover today! The stock decreased 3.64% or $1.31 during the last trading session, hitting $34.65. About 1.80 million shares traded hands or 99.52% up from the average. Zillow Group, Inc. (NASDAQ:Z) has risen 60.42% since February 29, 2016 and is uptrending. It has outperformed by 49.99% the S&P500.
The move comes after 9 months negative chart setup for the $4.32 billion company. It was reported on Oct, 1 by Barchart.com. We have $31.88 PT which if reached, will make NASDAQ:Z worth $345.60M less.

Analysts await Zillow Group, Inc. (NASDAQ:Z) to report earnings on November, 1.

Zillow Group, Inc. (NASDAQ:Z) Ratings Coverage

Out of 6 analysts covering Zillow Inc (NASDAQ:Z), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Zillow Inc has been the topic of 14 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Benchmark on Wednesday, November 4 with “Buy”. On Thursday, July 14 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Wednesday, August 5, the company rating was maintained by Benchmark. The firm earned “Neutral” rating on Thursday, August 6 by Macquarie Research. The company was upgraded on Wednesday, May 4 by Cowen & Co. The rating was initiated by Susquehanna with “Neutral” on Monday, August 10. The firm has “Overweight” rating by Stephens given on Wednesday, August 26. The stock of Zillow Group, Inc. (NASDAQ:Z) has “Buy” rating given on Wednesday, August 5 by Morgan Stanley. The firm earned “Sector Perform” rating on Wednesday, November 4 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, August 5 with “Sector Perform”.

According to Zacks Investment Research, “Zillow Group, Inc. offers real estate and home-related brands on mobile and web. The company’s brands focus on home lifecycle consists of renting, buying, selling, financing and home improvement. Its real estate and rental marketplaces of consumer brands includes Zillow(R), Trulia(R), StreetEasy(R) and HotPads(R). The company also works with real estate agents, lenders and rental professionals. Its business brands for real estate, rental and mortgage professionals, including Postlets(R), Mortech(R), Diverse Solutions(R), Market Leader(R) and Retsly(TM). Zillow Group, Inc. is headquartered in Seattle.”

More notable recent Zillow Group, Inc. (NASDAQ:Z) news were published by: Investorplace.com which released: “Trade of the Day: Zillow Group, Inc. (NASDAQ:Z)” on September 21, 2016, also Fool.com with their article: “Why Zillow Group Inc. Stock Is Up 44.6% in 2016” published on July 16, 2016, Fool.com published: “Zillow Group, Inc.’s Legal Troubles Can’t Hold It Back Anymore” on June 08, 2016. More interesting news about Zillow Group, Inc. (NASDAQ:Z) were released by: Fool.com and their article: “What to Watch When Zillow Group, Inc. Reports Q2 Results” published on August 03, 2016 as well as Fool.com‘s news article titled: “Why Zillow Group, Inc. Stock Popped Today” with publication date: May 04, 2016.

Z Company Profile

Zillow Group, Inc., incorporated on July 25, 2014, operates the real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Company’s brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement. The Company’s portfolio of consumer brands includes Zillow, Trulia, StreetEasy, Bridge Interactive and HotPads. In addition, it provides advertising services to real estate agents and rental and mortgage professionals. The Firm also owns and operates a number of brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. The Company’s database includes over 110 million homes in the United States, including homes for sale, homes for rent and homes not on the market.

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