ZG

Zillow Group Inc

TMT, Finance/Real Estate


Presented:10/27/2015
Price:$31.14
Cap:$1.83B
Current Price:$61.46
Cap:$14.21B

Presented

Date10/27/2015
Price$31.14
Market Cap$1.83B
Ent Value$4.70B
P/E RatioN/A
Book Value$45.30
Div Yield0%
Shares O/S58.71M
Ave Daily Vol1,109,739
Short Int28.88%

Current

Price$61.46
Market Cap$14.21B
Zillow Group, Inc. houses a portfolio of the real estate and home-related brands on the Web and mobile. Its portfolio includes: Zillow, Trulia, StreetEasy, and HotPads. It also houses the following business brands: ActiveRain, Diverse Solutions, Market Leader, Mortech, Postlets, and Retsly. The company was founded by Richard N. Barton and Lloyd D. Frink on December 13, 2004 and is headquartered in Seattle, WA.

Publicly traded companies mentioned herein: Realogy Holdings Corp (RLGY), Zillow Group Inc (Z; ZG)

Highlights

The presenter is long shares of Zillow Group (ZG), and believes the analysis of short sellers tends to place a misguided emphasis on user growth instead of pricing power. He believes ZG has an opportunity to better monetize the existing user base, and can also address real estate brokers on the sell side instead of the buy side. In addition, there is short term revenue opportunity as a result of the Trulia merger. The presenter thinks the recent selloff has created an attractive entry point and the short interest could end up being a positive catalyst for ZG shares.

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Idea Discussion

Commentor 1 - 2 weeks ago

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