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.

CSGP was given price targets by several analysts. The maximum price target given was 325, implying potential capital gains of 15.26 percent. The lowest price target was 222, which equates to a potential downside of -21.27 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.19 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.14 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.28 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CSGP's earnings is estimated by analysts to be 29.08 percent. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. CSGP has a PEG ratio of 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 below the 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 market cap of CSGP is $9.23 billion. CSGP's next earnings release will be on 0000-00-00, which is days away.