Ziff Davis (ZD) Expected to Announce Quarterly Earnings on Wednesday

Ziff Davis (NASDAQ:ZD - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $323.51 million for the quarter.

Ziff Davis Stock Performance

ZD traded up $2.98 during midday trading on Monday, hitting $33.89. 333,606 shares of the company traded hands, compared to its average volume of 514,850. The company's 50-day moving average is $35.26 and its 200 day moving average is $47.13. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $1.45 billion, a PE ratio of 28.72 and a beta of 1.57. Ziff Davis has a 52 week low of $29.15 and a 52 week high of $60.62.

Insider Transactions at Ziff Davis

In other Ziff Davis news, Director Sarah Ann Fay purchased 1,282 shares of Ziff Davis stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average cost of $39.00 per share, for a total transaction of $49,998.00. Following the completion of the acquisition, the director now owns 18,655 shares in the company, valued at $727,545. This represents a 7.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director W Brian Kretzmer acquired 653 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $38.33 per share, for a total transaction of $25,029.49. Following the purchase, the director now owns 12,968 shares of the company's stock, valued at $497,063.44. This represents a 5.30% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 5,028 shares of company stock valued at $198,024 over the last three months. Corporate insiders own 2.16% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup dropped their target price on shares of Ziff Davis from $52.00 to $35.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. UBS Group cut their price objective on Ziff Davis from $65.00 to $56.00 and set a "neutral" rating for the company in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. cut Ziff Davis from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $60.00 to $33.00 in a research report on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $56.00.

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.