Ziff Davis (NASDAQ:ZD) Updates FY 2025 Earnings Guidance

Key Points

• Ziff Davis has updated its FY 2025 earnings guidance, providing an earnings per share estimate between $6.640 and $7.28, compared to the consensus estimate of $6.776, and revenue guidance of $1.4 billion to $1.5 billion.
• Shares of Ziff Davis increased by 17.9% during midday trading, reaching a price of $36.54 with a significant trading volume of 787,910 shares.
• Multiple analysts have downgraded Ziff Davis, with Barclays lowering its price target from $48.00 to $34.00 and JPMorgan reducing theirs from $60.00 to $33.00, resulting in a consensus rating of "Hold" for the stock.

Ziff Davis (NASDAQ:ZD - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.640-7.28 for the period, compared to the consensus earnings per share estimate of 6.776. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

Ziff Davis Trading Up 17.9%

Shares of NASDAQ:ZD traded up $5.55 during midday trading on Thursday, reaching $36.54. The company had a trading volume of 787,910 shares, compared to its average volume of 536,409. The company has a fifty day simple moving average of $31.87 and a two-hundred day simple moving average of $37.29. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 21.78 and a beta of 1.63. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.52 and a current ratio of 1.52. Ziff Davis has a 1-year low of $28.55 and a 1-year high of $60.62.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wall Street Zen cut Ziff Davis from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Barclays reduced their price target on Ziff Davis from $48.00 to $34.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 13th. Susquehanna decreased their price target on Ziff Davis from $80.00 to $45.00 and set a "positive" rating for the company in a research note on Monday, May 12th. JPMorgan Chase & Co. downgraded Ziff Davis from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $60.00 to $33.00 in a research note on Tuesday, April 22nd. Finally, Citigroup dropped their price target on Ziff Davis from $52.00 to $35.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Ziff Davis currently has a consensus rating of "Hold" and an average target price of $47.00.

Institutional Investors Weigh In On Ziff Davis

A hedge fund recently raised its stake in Ziff Davis stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,656 shares of the technology company's stock after buying an additional 3,696 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.38% of Ziff Davis worth $6,037,000 as of its most recent SEC filing. Institutional investors own 99.76% of the company's stock.

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.

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