9 analysts have shared their evaluations of CoStar Gr CSGP during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 5 | 1 | 0 | 0 |
| Last 30D | 1 | 2 | 0 | 0 | 0 |
| 1M Ago | 2 | 2 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated CoStar Gr and provided 12-month price targets. The average target is $94.33, accompanied by a high estimate of $111.00 and a low estimate of $79.00. Observing a 1.75% increase, the current average has risen from the previous average price target of $92.71.
Interpreting Analyst Ratings: A Closer Look
The standing of CoStar Gr among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jeffrey Meuler | Baird | Raises | Outperform | $105.00 | $90.00 |
| Heather Balsky | B of A Securities | Raises | Buy | $111.00 | $97.00 |
| Nicholas Jones | JMP Securities | Raises | Outperform | $110.00 | $85.00 |
| Jeffrey Silber | BMO Capital | Lowers | Market Perform | $79.00 | $84.00 |
| Nicholas Jones | JMP Securities | Lowers | Market Outperform | $85.00 | $90.00 |
| George Tong | Goldman Sachs | Lowers | Buy | $84.00 | $98.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $95.00 | - |
| Mayank Tandon | Needham | Lowers | Buy | $90.00 | $105.00 |
| Nicholas Jones | JMP Securities | Maintains | Market Outperform | $90.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to CoStar Gr. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of CoStar Gr compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of CoStar Gr's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CoStar Gr's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on CoStar Gr analyst ratings.
All You Need to Know About CoStar Gr
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, hotels, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and Lands of America, with more than 80% of its revenue classified as subscription-based. The company recently expanded its presence in Canada, the United Kingdom, Spain, and France.
CoStar Gr: Delving into Financials
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Positive Revenue Trend: Examining CoStar Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.64% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: CoStar Gr's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.07%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): CoStar Gr's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.33%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.09%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.15, CoStar Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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