Ziff Davis (NASDAQ:ZD - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Ziff Davis to post earnings of $1.34 per share for the quarter. Ziff Davis has set its FY24 guidance at $6.43-6.77 EPS and its FY 2024 guidance at 6.430-6.770 EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.
Ziff Davis (NASDAQ:ZD - Get Free Report) last announced its earnings results on Wednesday, August 7th. The technology company reported $1.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.08). The firm had revenue of $320.80 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the business posted $1.12 EPS. On average, analysts expect Ziff Davis to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Ziff Davis Stock Down 2.1 %
Shares of ZD traded down $1.01 during mid-day trading on Thursday, hitting $46.27. 329,291 shares of the company's stock were exchanged, compared to its average volume of 431,819. The company has a 50-day simple moving average of $47.34 and a 200 day simple moving average of $50.06. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.91 and a quick ratio of 1.91. The company has a market cap of $2.07 billion, a PE ratio of 28.75 and a beta of 1.29. Ziff Davis has a 52 week low of $37.76 and a 52 week high of $70.90.
Wall Street Analyst Weigh In
ZD has been the subject of several recent analyst reports. Royal Bank of Canada reissued an "outperform" rating and issued a $95.00 price objective on shares of Ziff Davis in a report on Friday, September 6th. Barclays dropped their target price on shares of Ziff Davis from $58.00 to $44.00 and set an "equal weight" rating on the stock in a report on Friday, August 9th. Finally, Citigroup reduced their price target on Ziff Davis from $52.00 to $47.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $71.50.
Read Our Latest Report on ZD
About Ziff Davis
(
Get Free Report)
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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