Mizuho Securities Reiterates a Hold Rating on Zillow Group Class ABy Austin Angelo
According to TipRanks.com, Doshi is a 5-star analyst with an average return of 10.1% and a 57.9% success rate. Doshi covers the Technology sector, focusing on stocks such as Activision Blizzard, Electronic Arts, and Bankrate Inc.
Currently, the analyst consensus on Zillow Group Class A is Moderate Buy and the average price target is $38.60, representing an 11.5% upside.
In a report released yesterday, Susquehanna also reiterated a Hold rating on the stock with a $31 price target.
Based on Zillow Group Class A’s latest earnings report from June 30, the company posted quarterly revenue of $208.4M and quarterly net profit of -$156.1M. In comparison, last year the company earned revenue of $176.8M and had a net profit of -$26.05M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock.
Zillow Group, Inc. engages in the operation of real estate marketplace and the provision of property services. Its portfolio includes Zillow, Trulia, StreetEasy, HotPads, and Naked Apartments. It also houses the business brands Diverse Solutions, Dotloop, Mortech, and Retsly. The company was founded by Richard N. Barton and Lloyd D. Frink on July 25, 2014 and is headquartered in Seattle, WA.