Ziff Davis, Inc. (NASDAQ:ZD) Given Consensus Rating of "Moderate Buy" by Analysts

Ziff Davis, Inc. (NASDAQ:ZD - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $69.71.

Several brokerages have weighed in on ZD. Barclays raised their price objective on shares of Ziff Davis from $44.00 to $61.00 and gave the stock an "equal weight" rating in a report on Monday, November 11th. UBS Group decreased their price target on shares of Ziff Davis from $76.00 to $65.00 and set a "neutral" rating for the company in a report on Tuesday, December 3rd.

Ziff Davis Stock Up 2.3 %

ZD traded up $1.21 during trading hours on Friday, reaching $53.58. 110,482 shares of the stock traded hands, compared to its average volume of 300,411. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 45.31 and a beta of 1.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42. Ziff Davis has a fifty-two week low of $37.76 and a fifty-two week high of $70.02. The firm's fifty day simple moving average is $55.24 and its two-hundred day simple moving average is $50.79.

Ziff Davis (NASDAQ:ZD - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.10. The company had revenue of $353.58 million during the quarter, compared to analyst estimates of $347.66 million. Ziff Davis had a net margin of 4.52% and a return on equity of 13.98%. During the same period last year, the business earned $1.35 EPS. As a group, analysts forecast that Ziff Davis will post 5.93 earnings per share for the current fiscal year.

Institutional Trading of Ziff Davis

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Ziff Davis in the 3rd quarter worth approximately $37,000. First Horizon Advisors Inc. raised its holdings in shares of Ziff Davis by 42.9% in the 4th quarter. First Horizon Advisors Inc. now owns 866 shares of the technology company's stock worth $47,000 after purchasing an additional 260 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Ziff Davis by 19.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company's stock worth $75,000 after purchasing an additional 249 shares in the last quarter. Central Pacific Bank Trust Division raised its holdings in shares of Ziff Davis by 17.9% in the 4th quarter. Central Pacific Bank Trust Division now owns 3,220 shares of the technology company's stock worth $175,000 after purchasing an additional 490 shares in the last quarter. Finally, FORA Capital LLC bought a new stake in shares of Ziff Davis in the 3rd quarter worth approximately $210,000. 99.76% of the stock is currently owned by institutional investors.

Ziff Davis Company Profile

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.