Professional
Added to YB: 2024-03-21
Pitch date: 2024-03-20
Z [neutral]
Zillow Group, Inc.
+42.28%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Zillow Group, Inc. operates real estate brands in mobile applications and Websites in the United States.
Market Cap
$16.5B
Pitch Price
$48.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
604.75
P/E
-500.71
EV/Sales
6.21
Sector
Real Estate Management and Development
Category
special_situation
Pernas Research Passes On Zillow Group, Inc.
Z: Zillow -16% on NAR $418M settlement. 65% rev from buyers' agents at risk as commissions shift to negotiation vs entitlement. Upside: rentals, mortgage biz, Opendoor iBuying deal. Waiting for dust to settle before considering. Mrkt cap $11.1B.
Read full article (1 min)