Z Stock Summary and Trading Ideas (Zillow Group - Class C Capital Stock | NASDAQ:Z)

Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.

Zillow Group - Class C Capital Stock trades on the NASDAQ stock market under the symbol Z.

As of November 19, 2024, Z stock price climbed to $75.25 with 3,226,906 million shares trading.

Z has a beta of 2.46, meaning it tends to be more sensitive to market movements. Z has a correlation of 0.33 to the broad based SPY ETF.

Z has a market cap of $17.58 billion. This is considered a Large Cap stock.

Last quarter Zillow Group - Class C Capital Stock reported $581 million in Revenue and $.35 earnings per share. This beat revenue expectation by $26 million and exceeded earnings estimates by $.06.

In the last 3 years, Z traded as high as $76.69 and as low as $26.14.

The top ETF exchange traded funds that Z belongs to (by Net Assets): VNQ, VTI, VB, VBR, VXF.

Z has outperformed the market in the last year with a price return of +92.5% while the SPY ETF gained +32.5%. Z has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +40.4% and +24.2%, respectively, while the SPY returned +6.8% and +3.6%, respectively.

Z support price is $71.58 and resistance is $75.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that Z shares will trade within this expected range on the day.