QUOTE AND NEWS
MarketWatch  4 hrs ago  Comment 
Zillow would dominate the online real-estate space if it completes its acquisition of Trulia as intended. And that could have implications for both real-estate agents and consumers.
StreetInsider.com  8 hrs ago  Comment 
The following is a list of notable articles to help get you through the lunch hour: Netflix (NFLX) Could Land the 'Show About Nothing' -> Read this! Smith & Wesson (SWHC) to Pay $2M in Antibribery Case -> Read this! Rite Aid (RAD) Pressured...
Benzinga  8 hrs ago  Comment 
The rumored merger is official. Zillow (NASDAQ: Z) will be taking ownership of Trulia (NYSE: TRLA) in an all stock transaction for $3.5 billion. “A Zillow-Trulia merger would garner instant scale and be the dominant force in the online real...
Clusterstock  10 hrs ago  Comment 
Stocks are lower to start this particularly busy week. The Dow is down 68 points, the S&P 500 is down 9 points, and the Nasdaq is down 26 points. The biggest news of the day so far is two notable mergers: Dollar Tree's deal to acquire Family...
Wall Street Journal  11 hrs ago  Comment 
Zillow has reached a deal to buy rival Trulia, an expected agreement that brings together two of the biggest names in the fast-growing market for online real-estate information.
Wall Street Journal  3 hrs ago  Comment 
Forbes  12 hrs ago  Comment 
Zillow Inc. and Trulia Inc. are expected to merge. That was the rumor circulating Wall Street last week, sending the shares of the two companies sharply higher.
TechCrunch  Jul 27  Comment 
 In the 2013 film, World War Z, Gerry Lane (Brad Pitt) is riding through the streets of Jerusalem as Jurgen Warmbrunn (Ludi Boeken) explains how the city was able to avoid the zombie apocalypse: The tenth man. If nine of us look at the same...
Motley Fool  Jul 27  Comment 
These five stocks posted double-digit percentage gains.
Forbes  Jul 26  Comment 
A rumored consolidation of the two largest players in online real estate have their stocks surging.




 
TOP CONTRIBUTORS

Zillow, Inc (NASDAQ:Z) runs a web marketplace for real estate. The website allows homeowners, buyers, sellers, renters, and real estate agents to connect through the website. In addition, the site provides estimates on the value of homes using a proprietary algorithm. Zillow makes money through subscriptions paid by real estate agents and professionals in order to post their profiles on the site. This allows real estate professionals to gain access to customers and allows customers to more clearly understand their options. The company also makes money through traditional advertising displayed on the website.[1]

Business Overview

For the full year 2010, Zillow reported a total revenue of $30.5M, a 74% increase over the previous year. The company had a net loss for the same period of $6.8M.[2]

New Updates

The company's initial public offering of stock on the NASDAQ occurred on July 19, 2011. The company offered 3.5M shares each for $20. This was above the revised price range of $16-$18. The initial price range was $12-$14. The deal raised a total of $70. The lead underwriter was Citigroup (C).[3]

Trends & Forces

Reliance on real estate professionals

Zillow's business model is to allow free access to individuals who want to buy, sell or rent, while only charging professionals. As a result, Zillow must continue to provide enough value to real estate professionals in order to provide reason for them to pay their subscriptions. The page views of individuals is important as it translates to more valuable subscriptions for professionals, yet this is only indirect. Real estate professionals will only be willing to pay for subscriptions to the extent that it helps them attract new customers.[4]

Dependence on the real estate market

Because Zillow's revenues are closely tied to the level of traffic and the level of subscriptions to the site, its performance is based on the real estate market. A slow market where relatively few homes are being bought and sold will result in decreased interaction on the site and so less revenue. By contract, increased market activity may cause usage of the site to rise.[5]

  1. Z S-1/A 2011 PROSPECTUS SUMMARY "Our Company" pg 1-3
  2. Z S-1/A 2011 PROSPECTUS SUMMARY "Summary Financial and Other Data" pg 9
  3. Renaissance Capital - IPO Home "Zillow surges on early trading" 20 July 2011
  4. Seeking Alpha "Will Zillow's IPO Wow the Market?" 18 July 2011
  5. Z S-1/A 2011 PROSPECTUS SUMMARY "Risk Factors" pg 12-18
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki