Barclays (LON:BARC) analyst Deepak Mathivanan maintained a Sell rating on Zillow Group (NASDAQ:ZG) Inc on Friday, setting a price target of $50, which is approximately 37.37% below the present share price of $79.84.
Mathivanan expects Zillow Group Inc to post earnings per share (EPS) of -$0.78 for the third quarter of 2020.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Zillow Group, with an average price target of $78.25.
The analysts price targets range from a high of $110 to a low of $50.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.13 billion and a net profit of -$67.7 million. The company's market cap is $18.12 billion.
According to TipRanks.com, Barclays analyst Deepak Mathivanan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.5% and a 67.89% success rate.
Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink on July 25, 2014 and is headquartered in Seattle, WA.