Ziff Davis, Inc. (NASDAQ:ZD) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Ziff Davis, Inc. (NASDAQ:ZD) have been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $69.71.

ZD has been the subject of a number of research reports. UBS Group reduced their target price on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, December 3rd. Barclays boosted 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.

Ziff Davis Stock Performance

ZD opened at $54.93 on Monday. Ziff Davis has a 1-year low of $37.76 and a 1-year high of $70.90. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of 46.55 and a beta of 1.36. The business has a 50 day moving average price of $56.31 and a two-hundred day moving average price of $50.41. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42.

Hedge Funds Weigh In On Ziff Davis

A number of large investors have recently made changes to their positions in ZD. Quest Partners LLC acquired a new position in shares of Ziff Davis in the second quarter worth $38,000. Wilmington Savings Fund Society FSB purchased a new position in Ziff Davis in the third quarter valued at about $37,000. TD Private Client Wealth LLC increased 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 purchased a new stake in shares of Ziff Davis during the 2nd quarter worth about $93,000. Finally, Central Pacific Bank Trust Division lifted its holdings in shares of Ziff Davis by 21.3% during 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.