Ziff Davis, Inc. (NASDAQ:ZD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ziff Davis, Inc. (NASDAQ:ZD) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $69.71.

ZD has been the subject of several analyst reports. Barclays raised their target price on Ziff Davis from $44.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. UBS Group reduced their target price on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 3rd.

Ziff Davis Stock Down 1.5 %

Shares of ZD opened at $51.59 on Monday. 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 company has a 50-day moving average price of $55.98 and a two-hundred day moving average price of $50.44. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 43.72 and a beta of 1.36. Ziff Davis has a 12 month low of $37.76 and a 12 month high of $70.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quest Partners LLC bought a new position in shares of Ziff Davis in the second quarter worth about $38,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Ziff Davis in the third quarter valued at approximately $37,000. TD Private Client Wealth LLC raised its position in Ziff Davis by 19.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock worth $75,000 after purchasing an additional 249 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Ziff Davis during the 2nd quarter worth $93,000. Finally, Central Pacific Bank Trust Division boosted its position in Ziff Davis by 21.3% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,730 shares of the technology company’s stock valued at $133,000 after buying an additional 480 shares during the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

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.