Analysts' ratings for Ziff Davis (NASDAQ:ZD) over the last quarter vary from bullish to bearish, as provided by 6 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 3 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Ziff Davis, presenting an average target of $77.83, a high estimate of $95.00, and a low estimate of $68.00. This upward trend is evident, with the current average reflecting a 6.25% increase from the previous average price target of $73.25.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Ziff Davis by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Cory Carpenter | JP Morgan | Announces | Overweight | $70.00 | - |
| Kunal Madhukar | UBS | Lowers | Neutral | $76.00 | $77.00 |
| Rishi Jaluria | RBC Capital | Maintains | Outperform | $95.00 | - |
| Shweta Khajuria | Evercore ISI Group | Raises | Outperform | $80.00 | $75.00 |
| Ross Sandler | Barclays | Raises | Equal-Weight | $68.00 | $66.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $78.00 | $75.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ziff Davis. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ziff Davis compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Ziff Davis's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Ziff Davis's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Ziff Davis analyst ratings.
Delving into Ziff Davis's Background
Ziff Davis Inc is a focused digital media and internet company whose portfolio includes brands in technology, entertainment, shopping, health, cybersecurity, and martech. It has two reportable segments: Digital Media and Cybersecurity and Martech. The company's brands include Mashable, Ookla, Offers.com, IGN, and VPN among others. The majority of revenue is generated from Digital Media.
Ziff Davis: Financial Performance Dissected
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Ziff Davis's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -1.72% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Net Margin: Ziff Davis's net margin excels beyond industry benchmarks, reaching 16.27%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Ziff Davis's ROE stands out, surpassing industry averages. With an impressive ROE of 3.43%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Ziff Davis's ROA excels beyond industry benchmarks, reaching 1.85%. This signifies efficient management of assets and strong financial health.
Debt Management: Ziff Davis's debt-to-equity ratio stands notably higher than the industry average, reaching 0.53. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.