Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate CoStar Group Inc before investing.

In this article, we go over a few key elements for understanding CoStar Group Inc’s stock price such as:

• CoStar Group Inc’s current stock price and volume
• Why CoStar Group Inc’s stock price changed recently
• Upgrades and downgrades for CSGP from analysts
• CSGP’s stock price momentum as measured by its relative strength

About CoStar Group Inc (CSGP)

Before we jump into CoStar Group Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

CoStar Group, Inc. is a provider of online real estate marketplaces, information, and analytics in the property markets. It conducts expansive, ongoing research to produce and maintain a comprehensive database of real estate information. It manages its business in two segments: North America, which includes the United States and Canada, and International, which primarily includes Europe, Asia-Pacific and Latin America. Its portfolio of information, analytics and online marketplaces is branded and marketed to its customers and marketplace end users under the primary brands of CoStar, LoopNet, Apartments.com, Homes.com, OnTheMarket, Ten-X, STR, Land.com and BizBuySell. CoStar is a subscription-based integrated platform for commercial real estate intelligence. Ten-X offers a platform for conducting commercial real estate online auctions and negotiating bids. OnTheMarket is a residential property portal in the United Kingdom. LoopNet is an online commercial real estate marketplace.

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CoStar Group Inc’s Stock Price as of Market Close

As of April 10, 2024, 4:00 PM, CST, CoStar Group Inc’s stock price was $90.65.

CoStar Group Inc is down 5.27% from its previous closing price of $95.69.

During the last market session, CoStar Group Inc’s stock traded between $94.23 and $95.71. Currently, there are 405.63 million shares of CoStar Group Inc stock available for purchase.

CoStar Group Inc’s price-earnings (P/E) ratio is currently at 103.9, which is high compared to the Online Services industry median of 28.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

CoStar Group Inc Stock Price History

CoStar Group Inc’s (CSGP) price is currently down 6.16% so far this month.

During the month of April, CoStar Group Inc’s stock price has reached a high of $96.98 and a low of $89.60.

Over the last year, CoStar Group Inc has hit prices as high as $100.38 and as low as $67.22. Year to date, CoStar Group Inc’s stock is up 17.3%.

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What Caused CoStar Group Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 09, 2024, there was 1 analyst who downgraded CoStar Group Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate CoStar Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on CoStar Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

CoStar Group Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about CoStar Group Inc (CSGP) by visiting AAII Stock Evaluator.

Relative Price Strength of CoStar Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 09, 2024, CoStar Group Inc has a weighted four-quarter relative price strength of 3.10%, which translates to a Momentum Score of 76 and is considered to be Strong.

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CoStar Group Inc Stock Price: Bottom Line

As of April 10, 2024, CoStar Group Inc’s stock price is $90.65, which is down 5.27% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like CoStar Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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