Ziff Davis, Inc. (NASDAQ:ZD) Given Consensus Rating of “Reduce” by Brokerages

Ziff Davis, Inc. (NASDAQ:ZD) has been assigned a consensus recommendation of “Reduce” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $37.50.

A number of equities analysts recently commented on the stock. Zacks Research cut shares of Ziff Davis from a “hold” rating to a “strong sell” rating in a research note on Friday, November 14th. Wall Street Zen downgraded shares of Ziff Davis from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ziff Davis in a research note on Wednesday, October 8th. UBS Group decreased their price target on Ziff Davis from $40.00 to $38.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Finally, Barclays dropped their price objective on Ziff Davis from $40.00 to $34.00 and set an “equal weight” rating for the company in a report on Monday, November 10th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in Ziff Davis in the 3rd quarter worth about $35,000. Allworth Financial LP boosted its holdings in shares of Ziff Davis by 149.8% in the second quarter. Allworth Financial LP now owns 1,029 shares of the technology company’s stock valued at $31,000 after purchasing an additional 617 shares during the period. State of Wyoming bought a new position in Ziff Davis in the first quarter worth approximately $39,000. TD Private Client Wealth LLC purchased a new position in Ziff Davis during the 2nd quarter worth $37,000. Finally, Blue Trust Inc. raised its position in Ziff Davis by 30.2% during the 3rd quarter. Blue Trust Inc. now owns 1,273 shares of the technology company’s stock valued at $49,000 after purchasing an additional 295 shares in the last quarter. Hedge funds and other institutional investors own 99.76% of the company’s stock.

Ziff Davis Price Performance

Shares of Ziff Davis stock opened at $35.85 on Monday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 14.23 and a beta of 1.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a 50 day moving average price of $34.08 and a 200-day moving average price of $34.60. Ziff Davis has a one year low of $28.55 and a one year high of $56.51.

Ziff Davis (NASDAQ:ZD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $1.76 EPS for the quarter, hitting the consensus estimate of $1.76. Ziff Davis had a net margin of 7.62% and a return on equity of 13.73%. The company had revenue of $363.71 million during the quarter, compared to analyst estimates of $366.44 million. During the same period in the previous year, the firm earned $1.64 earnings per share. Ziff Davis’s quarterly revenue was up 2.9% compared to the same quarter last year. Ziff Davis has set its FY 2025 guidance at 6.640-7.28 EPS. Equities analysts expect that Ziff Davis will post 5.93 EPS for the current year.

Ziff Davis Company Profile

Ziff Davis, Inc is a digital media and internet company that operates a diverse portfolio of online brands, subscription-based services and performance marketing platforms. The company specializes in technology publishing and digital marketing solutions, offering content, reviews and insights tailored to consumer and enterprise audiences. Ziff Davis’s flagship media properties include PCMag, which provides expert reviews and comparisons of consumer electronics and software, as well as IGN, a leading destination for gaming news, reviews and entertainment coverage.

Founded in 1927 by William B.