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 highest price target was 325, which equates to a potential upside of 15.26 percent. The minimum price target given was 222, implying potential capital losses of -21.27 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.19 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, 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. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CSGP has a PEG ratio of 3.46.

CSGP has traded between a high of 282.97 and a low of 179.22 over the past year. Today's price is 57.33 percent above the 52-week low, and below the high by 0.36 percent. CSGP has a price/earnings 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.