Zillow Group (ZG) Receiving Positive News Coverage, Accern Reports

Media coverage about Zillow Group (NASDAQ:ZG) has trended positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zillow Group earned a daily sentiment score of 0.43 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.43500863824 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern’s scoring:

Zillow Group (ZG) traded down $0.69 during mid-day trading on Monday, reaching $39.74. 595,300 shares of the company’s stock traded hands, compared to its average volume of 446,355. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44. Zillow Group has a 12-month low of $32.63 and a 12-month high of $50.91.

Zillow Group (NASDAQ:ZG) last released its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The business had revenue of $282.00 million during the quarter, compared to analyst estimates of $276.57 million. Zillow Group had a negative net margin of 3.99% and a negative return on equity of 0.25%. The company’s quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 earnings per share. equities research analysts predict that Zillow Group will post -0.07 earnings per share for the current fiscal year.

A number of brokerages have issued reports on ZG. Zacks Investment Research downgraded shares of Zillow Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. KeyCorp started coverage on shares of Zillow Group in a report on Monday, July 17th. They set an “equal weight” rating for the company. ValuEngine downgraded shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Deutsche Bank AG reiterated a “hold” rating and set a $50.00 price target (up from $44.00) on shares of Zillow Group in a report on Monday, August 7th. Finally, Macquarie initiated coverage on shares of Zillow Group in a report on Monday, September 25th. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. Zillow Group presently has an average rating of “Hold” and an average target price of $47.21.

TRADEMARK VIOLATION NOTICE: “Zillow Group (ZG) Receiving Positive News Coverage, Accern Reports” was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.chaffeybreeze.com/2017/11/13/zillow-group-zg-receiving-positive-news-coverage-accern-reports.html.

About Zillow Group

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 people 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.

Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:ZG)

Receive News & Ratings for Zillow Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply