Ziff Davis, Inc. (NASDAQ:ZD) Given Consensus Rating of “Moderate Buy” by Analysts

Ziff Davis, Inc. (NASDAQ:ZD) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $69.71.

Several research analysts have recently weighed in on ZD shares. Barclays lifted their price target on shares of 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 cut their price target on Ziff Davis from $76.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, December 3rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of Ziff Davis in a research note on Friday, September 6th.

Institutional Trading of Ziff Davis

Several institutional investors have recently made changes to their positions in the business. Rothschild Investment LLC purchased a new position in Ziff Davis during the 2nd quarter valued at approximately $25,000. Quest Partners LLC bought a new position in Ziff Davis during the 2nd quarter valued at about $38,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Ziff Davis in the third quarter worth approximately $37,000. Innealta Capital LLC purchased a new stake in Ziff Davis in the second quarter worth $75,000. Finally, TD Private Client Wealth LLC lifted its holdings in Ziff Davis by 19.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock valued at $75,000 after buying an additional 249 shares in the last quarter. Hedge funds and other institutional investors own 99.76% of the company’s stock.

Ziff Davis Stock Performance

ZD opened at $56.36 on Thursday. Ziff Davis has a 12-month low of $37.76 and a 12-month high of $70.90. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 47.76 and a beta of 1.35. 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 company’s 50 day moving average is $54.17 and its 200 day moving average is $50.53.

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.