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 (EPS) guidance of $6.64-7.28 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ZD shares. Barclays upped their target price 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. UBS Group reduced their target price on Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Ziff Davis presently has an average rating of “Moderate Buy” and an average target price of $68.00.

Ziff Davis Trading Down 5.8 %

NASDAQ:ZD opened at $45.24 on Tuesday. The company’s 50 day moving average price is $53.75 and its 200-day moving average price is $51.35. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.49. Ziff Davis has a 52 week low of $37.76 and a 52 week high of $70.02. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 37.86 and a beta of 1.36.

Ziff Davis (NASDAQ:ZD) last announced its earnings results on Monday, February 24th. The technology company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $2.57 by ($0.10). Ziff Davis had a net margin of 4.52% and a return on equity of 13.98%. The company had revenue of $412.82 million for the quarter, compared to analysts’ expectations of $424.42 million. On average, equities research analysts forecast that Ziff Davis will post 5.93 earnings per share for the current fiscal year.

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.