Professional
Added to YB: 2024-05-10
Pitch date: 2024-03-31
CSGP [bullish]
CoStar Group, Inc.
-57.54%
current return
Author Info
No bio for this author
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services to real estate and related business communities in the United States, Australia, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$18.3B
Pitch Price
$96.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
72.01
P/E
2.6K
EV/Sales
5.50
Sector
Real Estate Management and Development
Category
growth
Baron Durable Advantage Fund New Portfolio Holding: CoStar Group, Inc.
CSGP: Leader in real estate data & analytics. Core biz $2B+ recurring rev, 40%+ margins, 10-15% growth. Residential push: $1B investment in '24, disruptive model focused on sell-side agents. Upside: $2B+ rev in 5-10yrs if successful. Optionality + strong core justify position.
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