Analyst Ratings for CoStar Group Inc. (CSGP)

Updated: 2017-07-26

An average rating of Buy has been given to CoStar Group Inc. (NASDAQ:CSGP) by analysts covering the stock. About 30 days ago, CSGP was issued an average rating of Buy.

Of the 10 analysts covering the stock, 9 gave it a buy rating, 0 gave an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for CSGP by the analysts covering the stock. The maximum price target given was 325, which equates to a potential upside of 15.26 percent. The most pessimistic price target was 222, implying a possible loss of -21.27 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -3.19 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.14 percent. If we look at the last 90 days instead, we find a net average change of 2.28 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

CSGP has an estimated earnings growth rate of 29.08 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CSGP is 3.46.

In the last 52-weeks, CSGP has achieved a high of 282.97 and a low of 179.22. Currently the stock is 57.33 percent higher than its low, and 0.36 percent lower than its 52-week high. CSGP has a P/E ratio of 100.75. Investors typically compare the P/E ratio to a company's peers in the industry. The CSGP value stock report compares CSGP to some of its peers using value stock charts. The stock has a market capitalization of $9.23 billion. CSGP will post this quarters earnings in days, on 0000-00-00.