CoStar Retained Earnings vs Property Plant And Equipment Net Analysis

CSGP Stock  USD 87.78  0.80  0.90%   
CoStar financial indicator trend analysis is way more than just evaluating CoStar Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CoStar Group is a good investment. Please check the relationship between CoStar Retained Earnings and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoStar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoStar Group Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CoStar's Retained Earnings and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of CoStar Group, assuming nothing else is changed. The correlation between historical values of CoStar's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CoStar Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., CoStar's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from CoStar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CoStar Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoStar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, CoStar's Selling General Administrative is relatively stable compared to the past year. As of 05/15/2024, Enterprise Value Over EBITDA is likely to grow to 84.35, while Sales General And Administrative To Revenue is likely to drop 0.15.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.8B2.0B2.1B
Total Revenue1.9B2.2B2.5B2.6B

CoStar fundamental ratios Correlations

0.860.980.991.00.96-0.970.390.980.950.580.980.970.621.00.950.930.990.70.980.760.930.880.930.630.88
0.860.830.840.830.77-0.830.390.860.80.570.860.750.630.850.940.710.860.710.780.490.790.730.950.670.75
0.980.830.990.980.97-0.960.390.970.920.440.970.970.550.970.950.960.980.680.970.770.90.880.920.550.86
0.990.840.990.980.97-0.950.420.970.950.490.970.970.610.980.950.950.970.730.970.790.930.880.920.60.87
1.00.830.980.980.96-0.980.370.980.950.590.980.980.621.00.930.930.980.690.980.770.930.880.90.620.88
0.960.770.970.970.96-0.940.40.960.890.430.960.970.490.940.910.990.960.650.980.840.860.940.870.490.93
-0.97-0.83-0.96-0.95-0.98-0.94-0.37-0.99-0.87-0.55-0.99-0.95-0.52-0.97-0.91-0.92-0.99-0.6-0.97-0.77-0.84-0.9-0.87-0.5-0.9
0.390.390.390.420.370.4-0.370.390.350.150.390.350.270.370.440.390.390.350.370.390.330.440.440.210.45
0.980.860.970.970.980.96-0.990.390.880.531.00.950.510.970.950.931.00.630.970.760.860.910.920.510.9
0.950.80.920.950.950.89-0.870.350.880.650.880.940.750.960.90.850.890.780.910.691.00.770.860.80.77
0.580.570.440.490.590.43-0.550.150.530.650.530.530.580.610.510.330.530.440.540.230.650.360.510.770.41
0.980.860.970.970.980.96-0.990.391.00.880.530.950.510.970.950.931.00.620.970.760.860.910.920.510.9
0.970.750.970.970.980.97-0.950.350.950.940.530.950.590.970.880.960.950.660.990.820.920.890.830.570.88
0.620.630.550.610.620.49-0.520.270.510.750.580.510.590.660.570.430.520.770.520.40.780.380.550.820.4
1.00.850.970.981.00.94-0.970.370.970.960.610.970.970.660.930.90.970.70.970.740.950.860.90.650.85
0.950.940.950.950.930.91-0.910.440.950.90.510.950.880.570.930.870.950.720.90.660.880.841.00.630.85
0.930.710.960.950.930.99-0.920.390.930.850.330.930.960.430.90.870.930.60.970.860.810.940.830.420.92
0.990.860.980.970.980.96-0.990.391.00.890.531.00.950.520.970.950.930.630.970.770.860.910.920.510.91
0.70.710.680.730.690.65-0.60.350.630.780.440.620.660.770.70.720.60.630.640.560.790.510.70.740.52
0.980.780.970.970.980.98-0.970.370.970.910.540.970.990.520.970.90.970.970.640.820.890.910.860.550.9
0.760.490.770.790.770.84-0.770.390.760.690.230.760.820.40.740.660.860.770.560.820.650.820.610.260.79
0.930.790.90.930.930.86-0.840.330.861.00.650.860.920.780.950.880.810.860.790.890.650.730.850.820.73
0.880.730.880.880.880.94-0.90.440.910.770.360.910.890.380.860.840.940.910.510.910.820.730.820.341.0
0.930.950.920.920.90.87-0.870.440.920.860.510.920.830.550.91.00.830.920.70.860.610.850.820.620.82
0.630.670.550.60.620.49-0.50.210.510.80.770.510.570.820.650.630.420.510.740.550.260.820.340.620.36
0.880.750.860.870.880.93-0.90.450.90.770.410.90.880.40.850.850.920.910.520.90.790.731.00.820.36
Click cells to compare fundamentals

CoStar Account Relationship Matchups

CoStar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B6.9B7.3B8.4B8.9B9.4B
Other Current Liab102.5M207.6M194.7M204.5M288.5M302.9M
Total Current Liabilities207.1M330.9M338.7M372.6M455.8M478.6M
Total Stockholder Equity3.4B5.4B5.7B6.9B7.3B7.7B
Property Plant And Equipment Net222.6M235.1M372.1M401.6M552M579.6M
Net Debt(907.3M)(2.6B)(2.7B)(3.9B)(4.1B)(3.9B)
Accounts Payable7.6M15.7M22.2M28.5M23.1M24.3M
Cash1.1B3.8B3.8B5.0B5.2B5.5B
Non Current Assets Total2.7B3.0B3.3B3.2B3.4B3.6B
Non Currrent Assets Other113.5M109.1M123.6M159.2M17.7M26.1M
Cash And Short Term Investments1.1B3.8B3.8B5.0B5.2B5.5B
Net Receivables92.2M103.9M124.8M153.9M190M199.5M
Common Stock Shares Outstanding366.3M383.3M394.2M397.8M406.9M270.1M
Liabilities And Stockholders Equity3.9B6.9B7.3B8.4B8.9B9.4B
Other Stockholder Equity2.5B4.2B4.3B5.1B5.1B5.4B
Total Liab448.4M1.5B1.5B1.5B1.6B1.7B
Property Plant And Equipment Gross222.6M210.4M372.1M401.6M657.5M690.4M
Total Current Assets1.2B3.9B4.0B5.2B5.5B5.7B
Accumulated Other Comprehensive Income(8.6M)(889K)(5.8M)(29.1M)(17.6M)(16.7M)
Short Term Debt29.7M32.6M26.3M36.0M40M22.4M
Retained Earnings940.5M1.2B1.5B1.8B2.2B2.3B
Other Current Assets36.2M13.5M22.8M64.0M70.2M73.7M
Good Will1.9B2.2B2.3B2.3B2.4B2.5B
Common Stock Total Equity366K394K3.9M4.1M4.7M4.9M
Non Current Liabilities Total241.3M1.2B1.2B1.2B1.1B1.2B
Intangible Assets421.2M426.7M435.7M329.3M313.7M179.7M
Common Stock366K394K3.9M4.1M4.1M4.3M
Other Assets118.9M237.8M140.0M170.9M196.5M206.4M
Property Plant Equipment107.5M126.3M271.4M321.3M369.4M387.9M
Current Deferred Revenue67.3M74.9M95.5M103.6M104.2M109.4M
Other Liab121.2M98.3M111.2M94.5M108.7M72.1M
Net Tangible Assets1.1B2.7B3.0B4.2B4.9B5.1B
Long Term Debt133.7M124.2M987.9M989.2M990.5M1.0B
Retained Earnings Total Equity940.5M1.2B1.5B1.8B2.1B2.2B
Capital Surpluse2.5B4.2B4.3B5.1B5.8B6.1B
Deferred Long Term Liab87.1M1.1B98.7M76.2M87.6M158.4M

CoStar Investors Sentiment

The influence of CoStar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CoStar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CoStar's public news can be used to forecast risks associated with an investment in CoStar. The trend in average sentiment can be used to explain how an investor holding CoStar can time the market purely based on public headlines and social activities around CoStar Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CoStar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CoStar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CoStar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CoStar.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoStar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoStar's short interest history, or implied volatility extrapolated from CoStar options trading.

Pair Trading with CoStar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoStar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoStar will appreciate offsetting losses from the drop in the long position's value.

Moving together with CoStar Stock

  0.65BV BrightView Holdings Fiscal Year End 21st of November 2024 PairCorr

Moving against CoStar Stock

  0.48CLVT CLARIVATE PLCPairCorr
  0.46DNB Dun Bradstreet HoldingsPairCorr
The ability to find closely correlated positions to CoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoStar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoStar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoStar Group to buy it.
The correlation of CoStar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoStar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoStar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CoStar Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CoStar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costar Group Stock. Highlighted below are key reports to facilitate an investment decision about Costar Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoStar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the CoStar Group information on this page should be used as a complementary analysis to other CoStar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running CoStar's price analysis, check to measure CoStar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.
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Is CoStar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoStar. If investors know CoStar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoStar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Earnings Share
0.72
Revenue Per Share
6.231
Quarterly Revenue Growth
0.123
Return On Assets
0.0119
The market value of CoStar Group is measured differently than its book value, which is the value of CoStar that is recorded on the company's balance sheet. Investors also form their own opinion of CoStar's value that differs from its market value or its book value, called intrinsic value, which is CoStar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoStar's market value can be influenced by many factors that don't directly affect CoStar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoStar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.