Blurbs

RBC Capital Sticks to Its Buy Rating for Ziff Davis, Inc. (ZD)

In a report issued on July 18, Rishi Jaluria from RBC Capital maintained a Buy rating on Ziff Davis, Inc. (ZDResearch Report), with a price target of $125.00. The company’s shares closed last Wednesday at $82.74.

According to TipRanks.com, Jaluria is a 2-star analyst with an average return of 0.6% and a 42.8% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

Ziff Davis, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $113.00.

See today’s best-performing stocks on TipRanks >>

Based on Ziff Davis, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $315 million and net profit of $24.54 million. In comparison, last year the company earned revenue of $312 million and had a net profit of $77.92 million.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ZD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

J2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the following segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers online fax, virtual phone system, unified communications, online backup, customer relationship management, intellectual property licensing, global network operations, and customer support. The Digital Media segment includes display and video advertising, performance marketing, web properties, and licensing activities. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.

Read More on ZD:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos