j2 Global (NASDAQ:JCOM) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

A number of other equities analysts have also weighed in on JCOM. Zacks Investment Research lowered j2 Global from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Robert W. Baird reissued a “buy” rating and set a $94.00 price objective on shares of j2 Global in a research note on Friday, September 1st. Finally, ValuEngine lowered j2 Global from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $101.75.

j2 Global (NASDAQ:JCOM) traded down $1.65 during midday trading on Thursday, reaching $73.21. The company’s stock had a trading volume of 380,039 shares, compared to its average volume of 298,785. The firm has a market capitalization of $3,623.89, a price-to-earnings ratio of 14.59 and a beta of 0.87. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.79 and a quick ratio of 2.79. j2 Global has a one year low of $71.09 and a one year high of $91.48.

j2 Global (NASDAQ:JCOM) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $1.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.02). The company had revenue of $273.60 million for the quarter, compared to analyst estimates of $272.84 million. j2 Global had a return on equity of 26.43% and a net margin of 12.60%. The business’s quarterly revenue was up 30.2% on a year-over-year basis. During the same period last year, the firm posted $1.25 EPS. equities research analysts predict that j2 Global will post 5.35 earnings per share for the current fiscal year.

In other j2 Global news, VP Jeremy Rossen sold 2,514 shares of j2 Global stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $74.05, for a total value of $186,161.70. Following the sale, the vice president now owns 26,372 shares in the company, valued at $1,952,846.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.15% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in j2 Global by 15.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,757 shares of the technology company’s stock valued at $150,000 after purchasing an additional 241 shares during the period. First Mercantile Trust Co. raised its position in j2 Global by 1.9% in the second quarter. First Mercantile Trust Co. now owns 2,150 shares of the technology company’s stock valued at $183,000 after purchasing an additional 40 shares during the period. Advisor Group Inc. raised its position in j2 Global by 1.7% in the second quarter. Advisor Group Inc. now owns 2,535 shares of the technology company’s stock valued at $195,000 after purchasing an additional 43 shares during the period. World Asset Management Inc raised its position in j2 Global by 2.0% in the second quarter. World Asset Management Inc now owns 3,025 shares of the technology company’s stock valued at $257,000 after purchasing an additional 59 shares during the period. Finally, Parametrica Management Ltd purchased a new stake in j2 Global in the third quarter valued at $229,000.

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j2 Global Company Profile

j2 Global, Inc is a provider of services delivered through the Internet. The Company provides cloud services to businesses of all sizes, from individuals to enterprises. The Company operates in two segments: Business Cloud Services and Digital Media. The Company’s Digital Media business segment consists of the Web properties and business operations of Ziff Davis, Inc (Ziff Davis).

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