Costar Group, Inc.

Costar Group, Inc.

CSGP

Market Cap$33.09B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Costar Group, Inc.Costar Group, Inc.230.2-2%13.4-

Earnings Call Q4 2024

February 18, 2025 - AI Summary

Strong Financial Performance: CoStar Group reported a full-year revenue of $2.74 billion for 2024, reflecting an 11% increase year-over-year, marking the company's 55th consecutive quarter of double-digit revenue growth. The fourth quarter specifically showed a revenue of $709 million, up 11% year-over-year.
Adjusted EBITDA Growth: The company showcased significant improvement in adjusted EBITDA, which increased from $12 million in Q1 2024 to $112 million in Q4 2024. The full-year adjusted EBITDA for 2024 was $241 million, exceeding expectations and indicating a robust margin of 9%.
Net New Bookings and Sales Force Expansion: CoStar experienced net new bookings of $53 million in Q4 2024, a 21% sequential increase, driven by a six-fold growth in its Homes.com sales force to 277 individuals, with plans to expand to 500 by the end of 2025. This shows an optimized sales strategy and potential for further revenue generation.

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$89.00

Target Price by Analysts

11.1% upsideCostar Group Target Price DetailsTarget Price
$58.64

Current Fair Value

26.8% downside

Overvalued by 26.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$33.09 Billion
Enterprise Value$28.73 Billion
Dividend Yield$0 (0%)
Earnings per Share$0.34
Beta0.93
Outstanding Shares406,900,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio230.18
PEG-605.49
Price to Sales13.36
Price to Book Ratio4.45
Enterprise Value to Revenue10.5
Enterprise Value to EBIT575.74
Enterprise Value to Net Income207
Total Debt to Enterprise0.01
Debt to Equity0.04

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Costar Group, Inc.