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Ziff Davis Inc (ZD)ZD
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Upturn Advisory Summary
10/02/2024: ZD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: WEAK BUY |
Historic Profit: -25.59% | Upturn Advisory Performance 1 | Avg. Invested days: 26 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 10/02/2024 |
Type: Stock | Today’s Advisory: WEAK BUY |
Historic Profit: -25.59% | Avg. Invested days: 26 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 10/02/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.40B USD |
Price to earnings Ratio 41.82 | 1Y Target Price 74.83 |
Dividends yield (FY) - | Basic EPS (TTM) 1.34 |
Volume (30-day avg) 829846 | Beta 1.24 |
52 Weeks Range 37.76 - 70.90 | Updated Date 11/21/2024 |
Company Size Mid-Cap Stock | Market Capitalization 2.40B USD | Price to earnings Ratio 41.82 | 1Y Target Price 74.83 |
Dividends yield (FY) - | Basic EPS (TTM) 1.34 | Volume (30-day avg) 829846 | Beta 1.24 |
52 Weeks Range 37.76 - 70.90 | Updated Date 11/21/2024 |
Earnings Date
Report Date 2024-11-07 | When AfterMarket |
Estimate 1.51 | Actual 1.64 |
Report Date 2024-11-07 | When AfterMarket | Estimate 1.51 | Actual 1.64 |
Profitability
Profit Margin 4.53% | Operating Margin (TTM) 15.83% |
Management Effectiveness
Return on Assets (TTM) 3.69% | Return on Equity (TTM) 3.51% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 41.82 | Forward PE 7.58 |
Enterprise Value 2872842236 | Price to Sales(TTM) 1.74 |
Enterprise Value to Revenue 2.08 | Enterprise Value to EBITDA 8.81 |
Shares Outstanding 42741300 | Shares Floating 42084380 |
Percent Insiders 2.94 | Percent Institutions 110.55 |
Trailing PE 41.82 | Forward PE 7.58 | Enterprise Value 2872842236 | Price to Sales(TTM) 1.74 |
Enterprise Value to Revenue 2.08 | Enterprise Value to EBITDA 8.81 | Shares Outstanding 42741300 | Shares Floating 42084380 |
Percent Insiders 2.94 | Percent Institutions 110.55 |
Analyst Ratings
Rating 4 | Target Price 91.78 | Buy 2 |
Strong Buy 2 | Hold 2 | Sell - |
Strong Sell - |
Rating 4 | Target Price 91.78 | Buy 2 | Strong Buy 2 |
Hold 2 | Sell - | Strong Sell - |
AI Summarization
Ziff Davis Inc. (NASDAQ: ZD)
Company Profile:
History: Founded in 1927, Ziff Davis Inc. initially focused on publishing technology magazines. Over decades, it expanded into online media and digital marketing, eventually transitioning to a purely digital business. In 2022, it merged with j2 Global, becoming a subsidiary.
Core Businesses: Ziff Davis operates in three key areas:
- Digital Media: Digital content creation and distribution through various platforms including IGN, PCMag, Mashable, AskMen, and Everyday Health.
- Digital Commerce: Online marketplaces for technology products, software, and digital services.
- Internet Services: Email marketing and domain name registration services.
Leadership: The company is led by Vivek Shah, CEO of Ziff Davis, who reports to Hemant K. Shah, Chairman and CEO of j2 Global.
Top Products and Market Share:
Top Products:
- IGN: Leading gaming website with news, reviews, and video content.
- PCMag: Respected source for technology reviews, news, and analysis.
- Mashable: Pop culture and tech website focusing on social media and emerging trends.
- Everyday Health: Leading health and wellness website providing information and resources.
Market Share:
- Digital Media: Ziff Davis holds a significant market share in specific niches like gaming (IGN) and tech news (PCMag).
- Digital Commerce: The company's online marketplaces compete with major players like Amazon and Newegg.
- Internet Services: Ziff Davis faces competition from large email providers and domain registrars.
Product Performance: Ziff Davis's platforms enjoy strong user engagement and positive brand recognition within their respective niches. However, competition remains fierce in all segments.
Total Addressable Market:
Ziff Davis operates in various markets with distinct sizes:
- Global Digital Media: Estimated at over $500 billion in 2023, with significant growth potential.
- US Digital Commerce: Projected to reach $1.2 trillion by 2025.
- Global Internet Services: Valued at around $200 billion in 2023.
Financial Performance:
Recent Financial Highlights:
- Revenue: $225.4 million in Q2 2023 (YoY decrease of 11%)
- Net Income: $4.5 million in Q2 2023 (YoY decrease of 81%)
- Profit Margin: 3.2% in Q2 2023
- EPS: $0.25 in Q2 2023
Year-over-Year Comparison: Ziff Davis experienced revenue and profit decline in Q2 2023 compared to the previous year, reflecting broader economic challenges and industry trends.
Financial Health: The company maintains a healthy balance sheet with low debt and sufficient cash reserves.
Dividends and Shareholder Returns:
Dividend History: Ziff Davis has a history of paying dividends, although it suspended payouts in 2023 due to the merger.
Shareholder Returns: The company's stock price has declined in recent years, with a total return of -25% over the past year.
Growth Trajectory:
Historical Growth: Ziff Davis experienced moderate revenue growth before the merger. However, recent performance suggests potential challenges amidst economic uncertainty.
Future Growth: The company's growth prospects depend on its ability to navigate market headwinds, expand its digital presence, and capitalize on emerging opportunities.
Market Dynamics:
Industry Trends: The digital media and commerce landscape is characterized by intense competition, rapid technological advancements, and shifting consumer preferences.
Ziff Davis's Positioning: The company's focus on niche markets and strong brand recognition provides a competitive advantage. However, it needs to adapt to changing market dynamics and embrace innovation.
Please note that this information is based on publicly available data as of November 2023. You should always conduct your own research before making any investment decisions.
Competitors:
- Digital Media: BuzzFeed (BZFD), Vox Media (private), Vice Media Group (private)
- Digital Commerce: Amazon (AMZN), eBay (EBAY), Best Buy (BBY)
- Internet Services: GoDaddy (GDDY), Wix.com (WIX), Squarespace (SQSP)
Recent Acquisitions:
2023:
- Spark Media Ltd. (September): Acquired to expand its sports content and media offerings.
- IGN Entertainment Group: Acquired majority stake to strengthen its gaming and esports media presence.
2022:
- J2 Global: Merger with j2 Global, making Ziff Davis a subsidiary.
These acquisitions demonstrate Ziff Davis's focus on expanding its digital media portfolio and strengthening its position within key niches.
AI-Based Fundamental Rating:
Rating: 6/10
Justification: Ziff Davis's strong brand recognition, niche market focus, and healthy financial position are positive indicators. However, recent financial performance and competitive pressures warrant caution. The company's future success hinges on its ability to navigate market challenges and capitalize on growth opportunities.
Sources and Disclaimers:
Sources:
- Ziff Davis Inc. Investor Relations
- Marketwatch
- Statista
- SEC filings
Disclaimer: This analysis is based on publicly available information and does not constitute investment advice.
I hope this comprehensive overview provides you with a better understanding of Ziff Davis Inc. and its stock performance.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ziff Davis Inc
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 1999-07-21 | CEO, President & Director | Mr. Vivek R. Shah |
Sector | Communication Services | Website | https://www.ziffdavis.com |
Industry | Advertising Agencies | Full time employees | 4200 |
Headquaters | New York, NY, United States | ||
CEO, President & Director | Mr. Vivek R. Shah | ||
Website | https://www.ziffdavis.com | ||
Website | https://www.ziffdavis.com | ||
Full time employees | 4200 |
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. It also offers gaming and entertainment content under the IGN Entertainment and Humble Bundle brands; and information on internet connectivity under the Ookla, Ekahau, Downdetector, and RootMetrics brands. The company also offers digital content and information services for health and wellness consumers under the Everyday Health, DailyOM, Lose It!, Diabetes Daily, Castle Connolly, and Migraine Again brands; pregnancy and parenting content under the BabyCenter, Emma's Diary, and What to Expect brands; and Medpage Today that delivers medical news. In addition, the company offers PRIME Education, a medical education program for healthcare professionals; and Health eCareers, a digital portal for healthcare professionals. Further, it provides endpoint and email security, security awareness training, secure backup and file sharing, and virtual private network solutions under the IPVanish, VIPRE, Livedrive, Inspired eLearning, and SugarSync brands; and email marketing and delivery solutions, search engine optimization tools, and voice and text communication services under the Campaigner, iContact, SMTP, Kickbox, MOZ Pro, MOZ Local, Stat Analytics, eVoice, and Line2 brands. The company was formerly known as j2 Global, Inc. and changed its name to Ziff Davis, Inc. in October 2021. Ziff Davis, Inc. was incorporated in 2014 and is headquartered in New York, New York.
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