Ziff Davis (NASDAQ:ZD) Issues FY25 Earnings Guidance

Ziff Davis (NASDAQ:ZD) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $6.64-7.28 for the period, compared to the consensus earnings per share estimate of $7.39. The company issued revenue guidance of $1.44-1.50 billion, compared to the consensus revenue estimate of $1.48 billion.

Analyst Upgrades and Downgrades

ZD has been the topic of several research reports. UBS Group dropped their price objective on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, December 3rd. Barclays upped their price target on Ziff Davis from $44.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th. Finally, Citigroup reduced their price objective on Ziff Davis from $58.00 to $52.00 and set a “neutral” rating for the company in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $68.83.

Ziff Davis Stock Down 6.3 %

Shares of ZD traded down $2.98 on Wednesday, reaching $44.52. The company’s stock had a trading volume of 141,274 shares, compared to its average volume of 324,291. Ziff Davis has a twelve month low of $37.76 and a twelve month high of $70.02. The stock has a market capitalization of $1.90 billion, a PE ratio of 37.73 and a beta of 1.36. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average of $53.54 and a 200-day moving average of $51.40.

About Ziff Davis

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.