Ziff Davis (NASDAQ:ZD) Releases FY25 Earnings Guidance

Ziff Davis (NASDAQ:ZD) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $6.64-7.28 for the period, compared to the consensus earnings per share 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.

Ziff Davis Price Performance

Shares of NASDAQ ZD traded down $2.98 during midday trading on Wednesday, reaching $44.52. 141,274 shares of the company were exchanged, compared to its average volume of 324,291. Ziff Davis has a one year low of $37.76 and a one year high of $70.02. The stock has a market cap of $1.90 billion, a P/E ratio of 37.73 and a beta of 1.36. 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 stock’s 50-day moving average price is $53.54 and its 200-day moving average price is $51.40.

Analysts Set New Price Targets

ZD has been the subject of several research reports. Barclays increased their target price on Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. UBS Group dropped their price objective on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, December 3rd. Finally, Citigroup reduced their target price on shares of Ziff Davis from $58.00 to $52.00 and set a “neutral” rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ziff Davis presently has an average rating of “Moderate Buy” and an average price target of $68.83.

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.