Ziff Davis (NASDAQ:ZD) Issues FY25 Earnings Guidance

Ziff Davis (NASDAQ:ZD) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $6.64-7.28 for the period, compared to the consensus EPS 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

Several equities analysts have weighed in on ZD shares. Citigroup dropped their price objective on Ziff Davis from $58.00 to $52.00 and set a “neutral” rating for the company in a report on Wednesday. Barclays raised their price objective on Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. cut their target price on Ziff Davis from $70.00 to $60.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, UBS Group dropped their target price on Ziff Davis from $65.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.67.

Ziff Davis Stock Performance

Shares of NASDAQ ZD traded down $1.36 during mid-day trading on Thursday, hitting $41.63. 318,020 shares of the company were exchanged, compared to its average volume of 342,029. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 35.30 and a beta of 1.36. The stock has a 50 day simple moving average of $53.29 and a 200-day simple moving average of $51.34. Ziff Davis has a 1-year low of $37.76 and a 1-year high of $70.02. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.49.

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.