Today’s featured asset is Ziff Davis Inc (ZD). By following an AI trading strategy between 2020-12-15 and 2022-12-02, the potential return is 146.67%, with an average return of 36.67% per trade and 81 days in the long position for a total of 4 positions taken. The trading idea suggests ZD is a STRONGBUY at a buy price target of 66.46, based on a model with an overall accuracy of 0.77 when predicting an upward trend in the following two weeks. The analyst consensus price target is 100.44.
Ziff Davis Inc., stock symbol ZD, is a worldwide provider of internet services headquartered in Los Angeles, California. The company has a current market capitalization of $4.25 billion, an EBITDA of $455 million, and a price-earnings ratio of 11.67. The stock is currently trading at 66.46 as of 2023-09-11, significantly lower than its 52-week high of 109.98 and its 50-day moving average of 85.28.
Ziff Davis Inc. has seen declining financial performance over the past quarters. Its revenue and gross profit have decreased by 0.04% and 0.58%, respectively, while its EPS and profit margin have decreased by -0.56% and 0.25%, respectively. The company also has a return on assets and return on equity of 0.039 and 0.237, respectively.
In terms of analyst target price, Ziff Davis Inc. has a price target of 100.44, with a forward price-earnings ratio of 12. The company also has a trailing price-sales ratio of 2.72 and a price-book ratio of 2.23. Its EV to revenue ratio is 3.13 and EV to EBITDA is 6.4. The company has a beta of 1.092.
Overall, Ziff Davis Inc. appears to be a relatively steady company whose stock price has not reflected its current financial performance. Investors may want to consider purchasing shares of the company at its current share price, as it could potentially yield a significant return over the long term.
Symbol: ZD
AssetType: Common Stock
Name: Ziff Davis Inc
Description: J2 Global, Inc. provides Internet services worldwide. The company is headquartered in Los Angeles, California.
CIK: 1084048
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: TECHNOLOGY
Industry: TELEGRAPH & OTHER MESSAGE COMMUNICATIONS
Address: 700 S FLOWER STREET, LEGAL DEPT – 15TH FLOOR, LOS ANGELES, CA, US
FiscalYearEnd: December
LatestQuarter: 2022-09-30
MarketCapitalization: 4250075000
EBITDA: 455038000
PERatio: 11.67
PEGRatio: 0.84
BookValue: 38.01
DividendPerShare: 0
DividendYield: 0.0064
EPS: 7.72
RevenuePerShareTTM: 29.74
ProfitMargin: 0.254
OperatingMarginTTM: 0.162
ReturnOnAssetsTTM: 0.0391
ReturnOnEquityTTM: 0.237
RevenueTTM: 1402925000
GrossProfitTTM: 1228669000
DilutedEPSTTM: 7.72
QuarterlyEarningsGrowthYOY: -0.558
QuarterlyRevenueGrowthYOY: -0.037
AnalystTargetPrice: 100.44
TrailingPE: 11.67
ForwardPE: 12.0
PriceToSalesRatioTTM: 2.721
PriceToBookRatio: 2.232
EVToRevenue: 3.127
EVToEBITDA: 6.4
Beta: 1.092
52WeekHigh: 109.98
52WeekLow: 66.85
50DayMovingAverage: 85.28
200DayMovingAverage: 80.16
SharesOutstanding: 47191600
DividendDate: 2019-06-04
ExDividendDate: 2019-05-17
| Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
|---|---|---|---|---|---|
| 2023-09-11 | ZD | STRONGBUY | 0.77 | 66.46 | 100.44 |
| 2023-08-24 | ZD | WEAKBUY | 0.77 | 67.02 | 100.44 |
More AI Trading NASDAQ Tue, 12 Sep buys
You must be logged in to view this content.
AI Trading NASDAQ Tue, 12 Sep sells
Back-testing and model summaries
Thanks for subscribing and happy investing!
The Third Perspective Team