Shares of Ziff Davis, Inc. (NASDAQ:ZD – Get Free Report) have earned an average recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $71.50.
A number of equities analysts have weighed in on the stock. Citigroup dropped their price target on shares of Ziff Davis from $52.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Barclays dropped their target price on shares of Ziff Davis from $58.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, August 9th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $95.00 price target on shares of Ziff Davis in a report on Friday, September 6th.
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Ziff Davis Price Performance
NASDAQ ZD opened at $49.72 on Tuesday. The business’s fifty day moving average is $46.66 and its 200 day moving average is $53.55. Ziff Davis has a fifty-two week low of $37.76 and a fifty-two week high of $70.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.91 and a current ratio of 1.91. The company has a market capitalization of $2.29 billion, a PE ratio of 41.12 and a beta of 1.29.
Ziff Davis (NASDAQ:ZD – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported $1.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.08). The company had revenue of $320.80 million for the quarter, compared to analysts’ expectations of $332.44 million. Ziff Davis had a net margin of 5.86% and a return on equity of 13.81%. The firm’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 earnings per share. Sell-side analysts predict that Ziff Davis will post 6.1 earnings per share for the current year.
About Ziff Davis
Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.
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