Added to YB: 2024-07-11
Pitch date: 2024-07-10
CSGP [bullish]
CoStar Group, Inc.
-43.97%
current return
Author Info
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services to real estate and related business communities in the United States, Australia, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$18.3B
Pitch Price
$73.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
72.01
P/E
2.6K
EV/Sales
5.50
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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