Ziff Davis (ZD) Expected to Announce Quarterly Earnings on Wednesday

Ziff Davis (NASDAQ:ZD) is expected to be announcing its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.57 per share and revenue of $424.42 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Ziff Davis Stock Performance

Shares of ZD opened at $53.41 on Tuesday. The business’s fifty day moving average price is $54.61 and its 200 day moving average price is $51.02. Ziff Davis has a 12-month low of $37.76 and a 12-month high of $70.02. The stock has a market capitalization of $2.28 billion, a PE ratio of 45.26 and a beta of 1.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ZD shares. Barclays lifted their price objective on shares of Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. UBS Group cut their price objective 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. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $69.71.

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.