CoStar Group shares fell 45.3% over the past year. The stock declined 14.0% in the last month alone.
Market sentiment shifted regarding digital property data and real estate marketplaces. Broader sector pressures include tightening funding conditions and lower transaction volumes.
A Discounted Cash Flow analysis estimates the company's intrinsic value at $58.08 per share. The stock currently trades at $42.90 per share.
CoStar maintains a Price to Sales ratio of 5.55x. This valuation remains above the real estate industry average.