Ziff Davis (NASDAQ:ZD) Releases Earnings Results, Misses Expectations By $0.10 EPS

Ziff Davis (NASDAQ:ZD) announced its earnings results on Monday. The technology company reported $2.47 EPS for the quarter, missing the consensus estimate of $2.57 by ($0.10), Zacks reports. Ziff Davis had a net margin of 4.52% and a return on equity of 13.98%.

Ziff Davis Stock Up 0.2 %

ZD stock traded up $0.09 during midday trading on Monday, reaching $48.02. The company had a trading volume of 622,025 shares, compared to its average volume of 311,089. The company has a 50 day moving average of $53.95 and a two-hundred day moving average of $51.30. The company has a market capitalization of $2.05 billion, a P/E ratio of 40.70 and a beta of 1.36. Ziff Davis has a 1 year low of $37.76 and a 1 year high of $70.02. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.49.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ZD. Barclays lifted their target price on shares of 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 lowered 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 report on Tuesday, December 3rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $68.00.

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.