Zillow stock: buy or sell

Z stock price: $167.00 3.51% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

1

Zillow stock brief

  • Zillow closed on Monday at $167.00 after skyrocketing a 3.51% breaking a streak of 7 sessions in negative.
  • The stock is configuring an uptrend pattern since March 2020, when it bottomed at $20.04. This uptrend marked a 733.33% gain
  • Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States.

Should I buy Zillow stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $Z stock a buy?

In the current situation of Zillow there is just one buy setup eligible:

Uptrend buy setup

Zillow stock continues to trend higher since in March 2020 and marked an amazing 733.33% gain. Price marked a local bottom in this uptrend at $151.15 last Thursday, and since then it bounced up a 10.49%. Breaking out over $208.11 - it's last top - will be a good entry point if Zillow resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $187.30

Buy setupBuy pointStop lossRisk
Uptrend buy setup$208.11$187.3010.00%

Should I sell Zillow stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Just as when we have to buy shares, choosing when is appropiate to sell is not a fickle decision, and we must use our own trading strategy. When selling, as well as buying, detailed setups are very simple to follow and are only applicable for selling shares in your porfolio, not for shorting Zillow stock

A golden rule is that you must never hold an operation that produces higher than expected losses upon the buy. When to sell your stock must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Zillow stock?

Currently, Zillow stock doesn't match any of our preferred sell setups, so if you hold Zillow shares and your operation is in profit probably is not time to sell now

Zillow ratings

In the last month, 8 analyst ratings were published for Zillow

Zillow analysts' ratings - Last 30 days
Brokerage firmRating
Feb 2nd, 2021
Needham & Company LLC BuyStrong buy
Feb 5th, 2021
The Goldman Sachs Group NeutralStrong buy
Feb 11th, 2021
140166 Neutral
Citigroup NeutralStrong buy
Morgan Stanley
Susquehanna Neutral
Susquehanna Bancshares Neutral
Feb 12th, 2021
Needham & Company LLC Strong buy

Zillow stock analysis

Zillow shares started an uptrend in March 2020, and gained an amazing 733.33%. The chart shows higher highs and higher troughs, and along the way gave some buying opportunities for those who wanted to invest. Latest low was last Thursday, when price bounced at $151.15. Now, it trades in a consolidation between its last top ($208.11) and its last bottom ($151.15)

SMAs overview

Z stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $208.11 (24.62% above)
  • The current support levels are:

  • S1: $151.15 (-9.49% below)
  • S2: $119.47 (-28.46% below)
  • S3: $112.49 (-32.64% below)
  • Bollinger bands

    Since the price surpassed the upper band on February 16, the price has corrected downwards by 19.75%

    Z stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on February 18 after just crossing to the overbough zone for 1 day (weak signal). The RSI reading on Monday was 53.13. Zillow price sank a 11.99% since then

    Z stock RSI chart

    Zillow stock price history

    Zillow went public priced at an adjusted price1 of $27.65 on Aug 2015. Since then, Z stock surged by 503.98%, with an average of 100.80% per year. An investment of thousand dollars on the IPO would worth $6,039.78 today.

    1: Adjusted price after possible price splits or reverse-splits

    Z stock price history chart

    Price target for Zillow stock

    Nobody can predict how much a share will be priced in the future. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions post their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and many times. If you are a small trader you should not invest based on these predictions.

    There are 5 price forecasts posted for Zillow that average $187.20. Zillow closed at $167.00 on Monday, so the target price is expecting an increase by 12.10%.

    Zillow stock price predictions
    Brokerage firmPrice target
    Feb 2nd, 2021
    Needham & Company LLC $145.00$175.00
    Feb 5th, 2021
    The Goldman Sachs Group Not available
    Feb 11th, 2021
    140166 $130.00$200.00
    Citigroup Not available
    Morgan Stanley $148.00$161.00
    Susquehanna $130.00$200.00
    Susquehanna Bancshares $130.00$200.00
    Feb 12th, 2021
    Needham & Company LLC Not available

    Earnings and financials

    Zillow ($Z) hosted the quarterly shareholders event and posted the report in mid-February. Zillow presented earnings of $0.41 per share on sales of $789.0 million. The consensus earnings estimate was $0.27 per share on revenue of $740.2 million.

    This compares to Earnings of $-0.26 per share same quarter last year, so current EPS is a gain of 257.69%. Looking at turnover, figures collapsed a -16.42% compared to $9.4B same quarter last year.

    Zillow ($Z) posts quarterly financial report next May.

    Zillow performance

    Z performance compared
    Company1m3m6m
    Zillow ($Z) 25.50% 54.30% 95.30%

    Important:
    The thoughts expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not have an understanding of the individual circumstances of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for general educational motives only

    Zillow summary

    Monday, March 1st, 2021
    Open$165.27
    Close$167
    Day range$163.69 - $170.19
    Previous close$161.33
    Session gain3.51%
    Average true range$18.10
    50d mov avg$149.81
    100d mov avg$127.32
    200d mov avg$99.68
    Earnings dateMay 6th, 2021

    Frequently asked questions

    What is Zillow stock symbol?

    Zillow Group, Inc. is a public company trading in the US stock market with the Z symbol

    Is Zillow stock a buy or sell?

    Zillow received 8 ratings in the last 30 days: 4 bullish, 0 bearish and 3 neutral.

    Will Z go up?

    Zillow had different price forecasts published by analysts in the last 4 weeks forecasting the target price to $187.20. That is a 12.10% than the last price ($167.00).