Key Considerations Before Investing in CSGP

By Ken Smith • Monday, September 15 15:20 • Permanent Link

Large-cap Real Estate company CoStar has moved 2.8% so far today on a volume of 1,165,683, compared to its average of 2,764,972. In contrast, the S&P 500 index moved 0.0%.

CoStar trades -7.59% away from its average analyst target price of $96.56 per share. The 16 analysts following the stock have set target prices ranging from $70.0 to $107.0, and on average have given CoStar a rating of buy.

Anyone interested in buying CSGP should be aware of the facts below:

CoStar's current price is 649.8% above its Graham number of $11.9, which implies that at its current valuation it does not offer a margin of safety
CoStar has moved 11.4% over the last year, and the S&P 500 logged a change of 16.9%
Based on its trailing earnings per share of 0.26, CoStar has a trailing 12 month Price to Earnings (P/E) ratio of 343.2 while the S&P 500 average is 29.3
CSGP has a forward P/E ratio of 79.7 based on its forward 12 month price to earnings (EPS) of $1.12 per share
Its Price to Book (P/B) ratio is 4.39 compared to its sector average of 1.94
CoStar Group, Inc. provides information, analytics, and online marketplace services in the United States, Canada, Europe, the Asia Pacific, and Latin America.
Based in Arlington, the company has 6,593 full time employees and a market cap of $37.8 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.