Zillow (Z) Surges, Why It Still Has Room To Run - Tale of the Tape

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ne company that should be on your radar is Zillow, Inc. (Z). The stock of the property management firm has seen its Zacks Rank surge over the past four weeks, moving from  Sell territory to its current position as a Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For Z’s full year estimate, we have no estimate go higher in the past 30 days, compared to just no downward revision in the same time period. This trend has helped the consensus estimate to trend higher, narrowing from a loss of 60 cents per share a month ago to its current level at a loss of 59 cents.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, Z has seen some pretty solid trading lately, as the company has moved higher by 11.3% in the past month.

If Zillow, (Z) can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put Z on your watch list for the future.

Other top-ranked stocks worth considering in this space include China Distance Education Holdings Limited (DL), Shutterfly, Inc. (SFLY) and Taomee Holdings Ltd. (TAOM)  each carrying a Zacks Rank #1 (Strong Buy)

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ZILLOW INC (Z): Free Stock Analysis Report

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