Added to YB: 2024-07-11
Pitch date: 2024-07-10
CSGP [bullish]
CoStar Group, Inc.
-33.23%
current return
Author Info
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services in the United States, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$19.4B
Pitch Price
$73.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
93.94
P/E
933.22
EV/Sales
6.08
Sector
Real Estate Management and Development
Category
growth
Why I am buying CoStar Group
CSGP: CoStar Group - CRE info & marketplace leader. 90% retention, 51Q double-digit growth. $5B rev, $2B EBITDA (40% margin) 2027 guide. Residential segment potential upside. 20x NTM EV/EBITDA, LDD growth. Countercyclical marketplaces offset procyclical info services. Founder-led, capex-light. $71 entry, $60 target for position increase.
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