Cazoo Group Ltd (NYSE: CZOO) In 2024: Will It Be Worth Investing In?

In today’s recent session, 1.28 million shares of the Cazoo Group Ltd (NYSE:CZOO) have been traded, and its beta is 2.43. Most recently the company’s share price was $11.57, and it changed around $2.51 or 27.70% from the last close, which brings the market valuation of the company to $56.58M. CZOO at last check was trading at a discount to its 52-week high of $295.00, offering almost -2449.7% off that amount. The share price’s 52-week low was $2.11, which indicates that the recent value has risen by an impressive 81.76% since then. We note from Cazoo Group Ltd’s average daily trading volume that its 10-day average is 5.81 million shares, with the 3-month average coming to 996.43K.

Cazoo Group Ltd (NYSE:CZOO) trade information

Instantly CZOO has been showing a green trend so far today with a performance of 27.70% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 21.79% year-to-date, but still up 198.20% over the last five days. On the other hand, Cazoo Group Ltd (NYSE:CZOO) is 151.52% up in the 30-day period. We can see from the shorts that 42170.0 shares have been sold at a short interest cover period of 1.01 day(s).

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The consensus price target as assigned by Wall Street analysts is $0.09825, which translates to bulls needing to decrease their stock price by -11676.08% from its current value. Analyst projections state that CZOO is forecast to be at a low of $0.08 and a high of $0.1165.

Cazoo Group Ltd (CZOO) estimates and forecasts

The year-over-year growth rate is expected to be 90.70%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $344.97 million in revenue for the current quarter. 2 analysts expect Cazoo Group Ltd to make $424.19 million in revenue for the quarter ending Jun 2022.

Cazoo Group Ltd earnings are expected to increase by 59.64% in 2024, but the outlook is negative -1.68% per year for the next five years.

CZOO Dividends

Cazoo Group Ltd’s next quarterly earnings report is expected to be released in May.

Cazoo Group Ltd (NYSE:CZOO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.35% of Cazoo Group Ltd shares, and 87.03% of them are in the hands of institutional investors. The stock currently has a share float of 89.13%. Cazoo Group Ltd stock is held by 37 institutions, with Viking Global Investors, L.P. being the largest institutional investor. By Dec 30, 2023, it held 0.55% of the shares, which is about 2.14 million shares worth $25.32 million.

Farallon Capital Management LLC, with 0.18% or 0.71 million shares worth $8.44 million as of Dec 30, 2023, holds the second largest percentage of outstanding shares.

The former held 2.0 shares worth $23.0, making up 0.00% of all outstanding shares.