CoStar Group Inc

Company Profile

CoStar Group Inc had its IPO on 1998-06-29 under the ticker symbol CSGP.

The company operates in the Real Estate sector and Real Estate Services industry. CoStar Group Inc has a staff strength of 5,653 employees.

Stock update

Shares of CoStar Group Inc opened at $65.85 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $65.38 - $67.17, and closed at $67.14.

This is a +1.96% increase from the previous day's closing price.

A total volume of 3,342,669 shares were traded at the close of the day’s session.

In the last one week, shares of CoStar Group Inc have slipped by -0.9%.

CoStar Group Inc's Key Ratios

CoStar Group Inc has a market cap of $26.84 billion, indicating a price to book ratio of 4.8934 and a price to sales ratio of 14.9695.

In the last 12-months CoStar Group Inc’s revenue was $2.18 billion with a gross profit of $1.77 billion and an EBITDA of $588.83 million. The EBITDA ratio measures CoStar Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CoStar Group Inc’s operating margin was 20.66% while its return on assets stood at 3.6% with a return of equity of 5.87%.

In Q4, CoStar Group Inc’s quarterly earnings growth was a positive 33.8% while revenue growth was a positive 13.1%.

CoStar Group Inc’s PE and PEG Ratio

Forward PE

57.4713

Trailing PE

70.2021

PEG

3.1699

Its diluted EPS in the last 12-months stands at $0.94 per share while it has a forward price to earnings multiple of 57.4713 and a PEG multiple of 3.1699. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CoStar Group Inc’s profitability.

CoStar Group Inc stock is trading at a EV to sales ratio of 13.7805 and a EV to EBITDA ratio of 47.6954. Its price to sales ratio in the trailing 12-months stood at 14.9695.

CoStar Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$8.40 billion

Total Liabilities

$372.62 million

Operating Cash Flow

$7.43 million

Capital Expenditure

$14.92 million

Dividend Payout Ratio

0%

CoStar Group Inc ended 2023 with $8.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.40 billion while shareholder equity stood at $6.87 billion.

CoStar Group Inc ended 2023 with $76.20 million in deferred long-term liabilities, $372.62 million in other current liabilities, 4066000.00 in common stock, $1.83 billion in retained earnings and $2.31 billion in goodwill. Its cash balance stood at $4.97 billion and cash and short-term investments were $4.97 billion. The company’s total short-term debt was $36,049,000 while long-term debt stood at $989.21 million.

CoStar Group Inc’s total current assets stands at $5.19 billion while long-term investments were $2.01 million and short-term investments were $0. Its net receivables were $153.95 million compared to accounts payable of $28.46 million and inventory worth $0.

In 2023, CoStar Group Inc's operating cash flow was $7.43 million while its capital expenditure stood at $14.92 million.

Comparatively, CoStar Group Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$67.14

52-Week High

$85.37

52-Week Low

$53.51

Analyst Target Price

$84.25

CoStar Group Inc stock is currently trading at $67.14 per share. It touched a 52-week high of $85.37 and a 52-week low of $85.37. Analysts tracking the stock have a 12-month average target price of $84.25.

Its 50-day moving average was $73.82 and 200-day moving average was $72.68 The short ratio stood at 1.73 indicating a short percent outstanding of 0%.

Around 114.4% of the company’s stock are held by insiders while 9916.5% are held by institutions.