Ziff Davis Inc (NASDAQ: ZD) is -21.18% lower on its value in year-to-date trading and has touched a low of $37.76 and a high of $70.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZD stock was last observed hovering at around $52.82 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $52.96, the stock is 10.58% and 13.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 0.27% at the moment leaves the stock -7.74% off its SMA200. ZD registered -20.83% loss for a year compared to 6-month loss of -16.55%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 17.95% gain in the last 1 month and extending the period to 3 months gives it a -1.16%, and is 10.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.46% over the week and 3.18% over the month.
Ziff Davis Inc (ZD) has around 4200 employees, a market worth around $2.37B and $1.37B in sales. Current P/E ratio is 33.67 and Fwd P/E is 7.28. Profit margin for the company is 5.85%. Distance from 52-week low is 40.25% and -25.30% from its 52-week high. The company has generated returns on investments over the last 12 months (2.78%).
The EPS is expected to grow by 7.10% this year
363.0 institutions hold shares in Ziff Davis Inc (ZD), with institutional investors hold 106.62% of the company’s shares. The shares outstanding are 46.08M, and float is at 43.93M with Short Float at 5.27%. Institutions hold 103.64% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.72 million shares valued at $314.63 million. The investor’s holdings represent 12.4626 of the ZD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.8 million shares valued at $264.31 million to account for 10.4696 of the shares outstanding. The other top investors are ARROWMARK COLORADO HOLDINGS LLC which holds 3.65 million shares representing 7.9639 and valued at over $201.06 million, while JANUS HENDERSON GROUP PLC holds 6.8738 of the shares totaling 3.15 million with a market value of $173.54 million.
Ziff Davis Inc (ZD) Insider Activity
The most recent transaction is an insider purchase by Harris Teresa A, the company’s Director. SEC filings show that Harris Teresa A bought 1,000 shares of the company’s common stock on Aug 27 ’24 at a price of $46.76 per share for a total of $46760.0. Following the purchase, the insider now owns 11153.0 shares.
Ziff Davis Inc disclosed in a document filed with the SEC on Feb 29 ’24 that ROSSEN JEREMY (EVP/General Counsel) sold a total of 4,162 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $69.43 per share for $0.29 million. Following the transaction, the insider now directly holds 7261.0 shares of the ZD stock.
