Costar Group Stock Forum

CoStar Group's purchase of a new office building is viewed as a savvy financial move, capitalizing on current market conditions to secure a top-tier property at a substantial discount. The move to Rosslyn is anticipated to provide employees with a desirable, lively, and safe environment with abundant retail and dining options.

Low P/S ratio for Costar Group is being accepted due to anticipated lack of significant future revenue growth and shrinking revenue, possibly leading to an even lower P/S ratio unless top-line growth improves.

Market sentiment towards Costar Group seems to be positive given the company's strong share price momentum. Despite the drop in EPS, investors seem more focused on the company's revenue growth and total shareholder return.