Ziff Davis (NASDAQ:ZD) Updates FY25 Earnings Guidance

Ziff Davis (NASDAQ:ZD) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $6.64-7.28 for the period, compared to the consensus EPS 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 ZD stock opened at $45.24 on Tuesday. The company has a market capitalization of $1.93 billion, a P/E ratio of 37.86 and a beta of 1.36. The company’s 50-day simple moving average is $53.75 and its two-hundred day simple moving average is $51.35. Ziff Davis has a one year low of $37.76 and a one year high of $70.02. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42.

Ziff Davis (NASDAQ:ZD) last released its quarterly earnings data on Monday, February 24th. The technology company reported $2.47 EPS for the quarter, missing the consensus estimate of $2.57 by ($0.10). Ziff Davis had a return on equity of 13.98% and a net margin of 4.52%. The firm had revenue of $412.82 million for the quarter, compared to analysts’ expectations of $424.42 million. As a group, equities analysts anticipate that Ziff Davis will post 5.93 EPS for the current year.

Wall Street Analysts Forecast Growth

ZD has been the topic of several recent 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 target price on Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 3rd. Three research 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 has an average rating of “Moderate Buy” and an average target price of $68.00.

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.