Zedge (ZDGE) Stock Price, News & Analysis

Company Overview

Zedge, Inc. builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds. The company also provides GuruShots, a platform for skill-based photo challenge game that offers a fun, educational, and structured way for amateur photographers to compete in various contests showcasing their photos while gaining recognition with votes, badges, and awards. Zedge, Inc. was incorporated in 2008 and is based in New York, New York.

Key Stats

• Today's Range: $2.10 to $2.39
• 50-Day Range: N/A
• 52-Week Range: $1.93 to $5.18
• Volume: 95,688 shs
• Average Volume: 67,257 shs
• Market Capitalization: $32.14 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Zedge Stock Analysis - MarketRank™

Zedge scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Zedge.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Zedge is -3.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zedge is -3.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Zedge has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.11% of the float of Zedge has been sold short.

Short Interest Ratio / Days to Cover

Zedge has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Zedge has recently decreased by 54.68%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Zedge does not currently pay a dividend.

Dividend Growth

Zedge does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.11% of the float of Zedge has been sold short.

Short Interest Ratio / Days to Cover

Zedge has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Zedge has recently decreased by 54.68%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.28

News Sentiment

Zedge has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Zedge this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Zedge to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Zedge insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.40% of the stock of Zedge is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 29.37% of the stock of Zedge is held by institutions.

ZDGE Stock Analysis - Frequently Asked Questions

How have ZDGE shares performed this year?

Zedge's stock was trading at $3.26 at the beginning of 2024. Since then, ZDGE shares have decreased by 27.6% and is now trading at $2.36.
View the best growth stocks for 2024 here.

How were Zedge's earnings last quarter?

Zedge, Inc. (NYSEAMERICAN:ZDGE) released its quarterly earnings results on Tuesday, October, 29th. The company reported ($0.01) earnings per share for the quarter. The business earned $7.58 million during the quarter. Zedge had a negative net margin of 30.48% and a positive trailing twelve-month return on equity of 2.74%.

Who are Zedge's major shareholders?

Top institutional investors of Zedge include FMR LLC (0.33%) and Virtu Financial LLC (0.09%). Insiders that own company stock include Elliot Gibber, Mark Ghermezian, Jonathan Reich and Gregory Suess.
View institutional ownership trends.

How do I buy shares of Zedge?

Shares of ZDGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Zedge own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Zedge investors own include NVIDIA (NVDA), Paycom Software (PAYC), Meta Platforms (META), CrowdStrike (CRWD), Broadcom (AVGO), Match Group (MTCH) and Centrus Energy (LEU).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/21/2024
• Fiscal Year End: 7/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSEAMERICAN:ZDGE
• Previous Symbol: NASDAQ:ZDGE
• CUSIP: N/A
• CIK: 1667313
• Web: www.zedge.net
• Phone: (330) 577-3424
• Fax: N/A
• Employees: 100
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.65)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,170,000.00
• Net Margins: -30.48%
• Pretax Margin: -37.78%
• Return on Equity: 2.74%
• Return on Assets: 2.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.84
• Quick Ratio: 3.84

Sales & Book Value

• Annual Sales: $30.09 million
• Price / Sales: 1.07
• Cash Flow: $0.91 per share
• Price / Cash Flow: 2.60
• Book Value: $2.22 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 13,620,000
• Free Float: 10,705,000
• Market Cap: $32.14 million
• Optionable: Not Optionable
• Beta: 1.23