Ziff Davis, Inc.
Description
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.
About
Earnings
Date | Estimate EPS | Actual EPS | Difference | % Surprise |
---|---|---|---|---|
Nov 6, 2025 | — | — | — | — |
Aug 6, 2025 | — | — | — | — |
May 7, 2025 | — | — | — | — |
Feb 20, 2025 | 2.59 | — | — | — |
Nov 8, 2024 | 1.51 | 1.64 | 0.13 | 8.61% |
Earnings estimate
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
---|---|---|---|---|
Number of analysts | — | 4 | — | 7 |
Average estimate | — | 1.39 | — | 7.32 |
Low estimate | — | 1.33 | — | 7.12 |
High estimate | — | 1.51 | — | 7.56 |
Last year EPS | — | 1.27 | — | 6.72 |
Growth estimates
Analyst Ratings
Date | Firm | Action | Rating | Price Target |
---|---|---|---|---|
Dec 3, 2024 |
UBS
Chris Kuntarich
|
Maintains | Neutral | ▼ Lowers $76 → $65 |
Nov 11, 2024 |
Barclays
Ross Sandler
|
Maintains | Equal-Weight | ▲ Raises $44 → $61 |
Sep 6, 2024 |
RBC Capital
Rishi Jaluria
|
Reiterates | Outperform | Maintains $95 |
Aug 9, 2024 |
Citigroup
Ygal Arounian
|
Maintains | Neutral | ▼ Lowers $52 → $47 |
Aug 9, 2024 |
Barclays
Ross Sandler
|
Maintains | Equal-Weight | ▼ Lowers $58 → $44 |
Jul 11, 2024 |
Citigroup
Ygal Arounian
|
Maintains | Neutral | ▼ Lowers $62 → $52 |
May 10, 2024 |
Wedbush
Daniel Ives
|
Maintains | Outperform | ▼ Lowers $78 → $70 |
May 10, 2024 |
Barclays
Ross Sandler
|
Maintains | Equal-Weight | ▲ Raises $68 → $58 |
May 10, 2024 |
Citigroup
Ygal Arounian
|
Maintains | Neutral | ▼ Lowers $74 → $62 |
May 2, 2024 |
JP Morgan
Cory Carpenter
|
Upgrade | Overweight | Announces $70 |
Mar 5, 2024 |
UBS
Kunal Madhukar
|
Maintains | Neutral | ▼ Lowers $77 → $76 |
Feb 23, 2024 |
Wedbush
Daniel Ives
|
Maintains | Outperform | ▲ Raises $75 → $78 |
Feb 23, 2024 |
Evercore ISI Group
Shweta Khajuria
|
Maintains | Outperform | ▲ Raises $75 → $80 |
Feb 23, 2024 |
Barclays
Ross Sandler
|
Maintains | Equal-Weight | ▲ Raises $66 → $68 |
Feb 23, 2024 |
RBC Capital
Rishi Jaluria
|
Reiterates | Outperform | Maintains $95 |
Nov 14, 2023 |
UBS
Kunal Madhukar
|
Maintains | Neutral | ▼ Lowers $81 → $71 |
Nov 10, 2023 |
Susquehanna
Shyam Patil
|
Maintains | Positive | ▼ Lowers $120 → $90 |
Sep 25, 2023 |
UBS
Kunal Madhukar
|
Initiates | Neutral | Announces $81 |
Aug 9, 2023 |
RBC Capital
Rishi Jaluria
|
Reiterates | Outperform | Maintains $95 |
May 11, 2023 |
RBC Capital
Rishi Jaluria
|
Reiterates | Outperform | Maintains $95 |
May 11, 2023 |
Wedbush
Daniel Ives
|
Maintains | Outperform | ▼ Lowers $93 → $80 |
May 11, 2023 |
Barclays
Ross Sandler
|
Maintains | Equal-Weight | ▲ Raises $85 → $75 |
Feb 17, 2023 |
Citigroup
Ygal Arounian
|
Maintains | Neutral | ▼ Lowers $100 → $90 |
Jan 6, 2023 |
Barclays
Ross Sandler
|
Initiates | Equal-Weight | Announces $88 |
Dec 20, 2022 |
JP Morgan
Cory Carpenter
|
Downgrade | Neutral | ▼ Lowers $115 → $85 |
Dec 13, 2022 |
Citigroup
Ygal Arounian
|
Initiates | Neutral | Announces $100 |
Nov 10, 2022 |
Baird
William Power
|
Maintains | Outperform | ▼ Lowers $100 → $95 |
Sep 20, 2022 |
Evercore ISI Group
Shweta Khajuria
|
Initiates | Outperform | Announces $90 |
Aug 11, 2022 |
JMP Securities
Joe Goodwin
|
Maintains | Market Outperform | ▼ Lowers $110 → $100 |
Aug 11, 2022 |
RBC Capital
Rishi Jaluria
|
Maintains | Outperform | ▼ Lowers $125 → $110 |
Income statement
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total reported revenue | 1.36B | 1.39B | 1.42B | 1.16B | 1.05B |
Cost of revenue | 197.29M | 195.55M | 188.05M | 178.40M | 187.33M |
Gross profit | 1.17B | 1.20B | 1.23B | 980.43M | 863.13M |
Operating expense | |||||
Research & development | 68.86M | 74.09M | 78.87M | 57.15M | 44.65M |
Selling general and admin | 908.42M | 895.04M | 949.83M | 784.94M | 730.26M |
Other operating expenses | — | — | — | — | — |
Operating income | 189.46M | 226.31M | 199.97M | 138.34M | 88.22M |
Non operating interest income | |||||
Income | — | — | — | — | — |
Expense | 20.03M | 33.84M | 72.02M | 56.19M | 26.89M |
Other income expense | -94.46M | -61.32M | 223.41M | -3.80M | -6.52M |
Pretax income | 74.97M | 131.15M | 351.35M | 78.35M | 54.82M |
Tax provision | 24.14M | 57.96M | -14.20M | 38.35M | 13.76M |
Net income | 41.50M | 63.76M | 496.71M | 150.67M | 218.81M |
Basic EPS | 0.89 | 1.36 | 10.78 | 3.24 | 4.39 |
Diluted EPS | 0.89 | 1.36 | 10.33 | 3.18 | 4.39 |
Basic average shares | 46.40M | 46.95M | 45.89M | 46.31M | 47.65M |
Diluted average shares | 46.40M | 46.95M | 45.89M | 46.31M | 47.65M |
EBITDA | 416.96M | 468.15M | 459.57M | 367.14M | 317.95M |
Net income from continuing op. | 41.50M | 63.76M | 496.71M | 150.67M | 218.81M |
Minority interests | — | — | — | — | — |
Preferred stock dividends | 2,000 | 20,000 | 326,000 | 120,000 | 379,000 |
Balance sheet
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 3.47B | 3.53B | 3.77B | 3.67B | 3.51B |
Current assets | |||||
Cash | — | — | — | — | — |
Cash equivalents | — | — | — | — | — |
Cash and cash equivalents | 737.61M | 652.79M | 694.84M | 176.44M | 575.62M |
Other short term investments | 27.11M | 58.42M | 229.20M | 663,000 | — |
Accounts receivable | 337.70M | 304.74M | 316.34M | 309.55M | 261.93M |
Other receivables | — | — | — | — | — |
Inventory | — | — | — | — | — |
Prepaid assets | — | — | 60.29M | 52.16M | 49.35M |
Restricted cash | — | — | — | — | — |
Assets held for sale | — | — | — | 84.03M | — |
Hedging assets | — | — | — | — | — |
Other current assets | 88.57M | 68.32M | 60.29M | 52.16M | 49.35M |
Non current assets | |||||
Properties | — | — | 55.62M | 80.13M | 125.82M |
Land and improvements | — | — | — | — | — |
Machinery furniture equipment | 505.40M | 425.16M | 344.04M | 319.59M | 336.75M |
Construction in progress | — | — | — | — | — |
Leases | 9.78M | 8.61M | 8.29M | 6.33M | 17.37M |
Accumulated depreciation | -327.02M | -255.59M | -191.11M | -194.39M | -226.30M |
Goodwill | 3.42B | 3.65B | 3.64B | 3.75B | 3.82B |
Investment properties | — | — | — | — | — |
Financial assets | — | — | — | — | — |
Intangible assets | 325.41M | 462.82M | 572.73M | 696.86M | 556.55M |
Investments and advances | 140.91M | 127.87M | 122.59M | 97.50M | 100.08M |
Other non current assets | 79.48M | 88.65M | 81.62M | 511.48M | 75.65M |
Total liabilities | 1.58B | 1.64B | 1.80B | 2.45B | 2.19B |
Current liabilities | |||||
Accounts payable | 123.26M | 120.83M | 130.98M | 197.86M | 238.06M |
Accrued expenses | 43.61M | 39.54M | 41.03M | — | — |
Short term debt | — | — | 54.61M | 426.44M | 412.46M |
Deferred revenue | 184.55M | 187.90M | 185.57M | 166.13M | 162.86M |
Tax payable | 14.46M | 19.71M | 3.15M | 30.45M | 17.76M |
Pensions | 50.07M | 42.18M | 54.62M | — | — |
Other current liabilities | 15.89M | 22.29M | 27.29M | 61.69M | 1.97M |
Non current liabilities | |||||
Long term debt | 1.00B | 999.05M | 1.04B | 1.26B | 1.17B |
Provision for risks and charges | 44.54M | 52.05M | 54.22M | 64.76M | 64.13M |
Deferred liabilities | 45.50M | 79.01M | 108.98M | 157.31M | 107.45M |
Derivative product liabilities | — | — | — | — | — |
Other non current liabilities | 46.67M | 68.99M | 91.25M | 41.40M | 10.23M |
Shareholders equity | |||||
Common stock | 461,000 | 473,000 | 474,000 | 443,000 | 476,000 |
Retained earnings | 1.49B | 1.54B | 1.52B | 809.11M | 891.53M |
Other shareholders equity | -71.62M | -85.37M | -57.22M | -54.81M | -46.46M |
Total shareholders equity | 1.89B | 1.89B | 1.97B | 1.21B | 1.31B |
Additional paid in capital | 472.20M | 439.68M | 509.12M | 456.27M | 465.65M |
Treasury stock | — | — | — | — | — |
Minority interest | — | — | — | — | — |
Cash flow statement
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||||||||||||
Net Income | 41.50M | 63.76M | 496.71M | 150.67M | 218.81M | 128.69M | 139.43M | 152.44M | 133.64M | 125.33M | 107.52M | 121.66M | 114.77M | 83.05M | 66.83M | 72.56M | 68.46M | 53.13M | 50.62M | 30.62M | 35.81M | 14.32M | -7.83M | -22.22M | -13.00M | -17.20M |
Depreciation | 236.97M | 233.40M | 258.30M | 228.74M | 232.03M | 187.17M | 162.04M | 122.09M | 93.21M | 62.95M | 39.79M | 22.16M | 19.76M | 14.51M | 14.71M | 13.18M | 10.13M | 8.23M | 7.11M | 4.55M | 3.91M | 3.49M | 9.69M | 6.99M | 1.90M | 1.10M |
Deferred Taxes | -30.02M | -12.99M | -13.43M | 5.84M | -63.44M | 25.05M | -21.43M | -13.78M | -17.08M | -10.03M | 250,000 | 1.15M | 6.82M | -541,000 | -629,000 | -2.91M | 212,000 | -1.96M | 2.13M | 11.97M | -15.72M | — | — | — | — | — |
Stock-Based Compensation | 31.92M | 26.60M | 25.25M | 24.01M | 23.92M | 28.09M | 22.74M | 13.65M | 11.79M | 8.91M | 9.72M | 9.13M | 8.97M | 10.94M | 11.02M | 7.99M | — | — | — | — | — | — | — | — | — | — |
Other Non-Cash Items | 16.10M | 14.47M | 39.53M | 23.39M | 41.78M | 30.33M | 14.25M | 14.67M | 25.31M | 6.38M | 2.41M | 1.85M | 114.77M | 1.97M | 2.38M | 2.82M | 2.68M | 5.95M | 10.27M | 3.41M | — | — | — | 2,000 | — | — |
Accounts Receivable | -35.37M | 14.95M | -18.05M | -31.61M | -30.68M | 4.03M | -37.55M | -30.69M | -18.51M | -11.08M | -9.59M | -5.42M | -9.51M | -246,000 | -6,000 | -1.81M | -3.11M | -2.46M | -554,000 | -1.71M | -606,000 | -1.41M | -1.10M | -443,579 | -700,000 | -300,000 |
Accounts Payable | 9.42M | -20.25M | 479,000 | 2.18M | -770,000 | -35.22M | -34.12M | 6.36M | 8.76M | -5.45M | 9.13M | 5.14M | 847,000 | 1.32M | — | — | — | — | — | — | — | — | — | — | — | — |
Other Assets & Liabilities | -12.38M | -70.39M | -871,000 | 869,000 | -16.12M | 32.17M | 6.73M | -12.26M | -19.41M | -6.46M | 18.33M | 9.00M | 1.31M | 7.05M | -550,000 | -2.13M | 18.31M | 5.74M | 3.45M | -1.29M | 918,000 | 967,000 | -901,347 | 465,488 | -2.00M | 200,000 |
Operating Cash Flow | 258.14M | 249.55M | 787.92M | 404.09M | 405.53M | 400.31M | 252.09M | 252.48M | 217.70M | 170.55M | 177.56M | 164.68M | 257.73M | 118.04M | 93.75M | 89.69M | 96.69M | 68.63M | 73.03M | 47.55M | 24.31M | 17.36M | -145,463 | -15.21M | -13.80M | -16.20M |
Investing Activities | ||||||||||||||||||||||||||
Capital Expenditures | -108.73M | -106.15M | -113.74M | -92.55M | -70.59M | -56.38M | -39.60M | -24.75M | -17.30M | -11.83M | -18.63M | -5.06M | -6.84M | -1.84M | -3.25M | -2.48M | -16.35M | -10.71M | -14.17M | -12.36M | -3.49M | -2.83M | -2.72M | -3.04M | -2.50M | -500,000 |
Net Intangibles | — | -50,000 | -78,000 | -3.12M | -46,000 | -669,000 | -2.24M | -4.32M | -1.46M | -5.34M | -14.20M | -6.30M | -4.31M | -8.31M | -4.13M | -3.82M | — | — | — | — | — | — | — | — | — | — |
Net Acquisitions | -9.49M | -104.09M | -115.52M | -489.81M | -444.93M | -349.07M | -116.65M | -580.69M | -302.81M | -245.28M | -126.34M | -198.34M | -3.93M | -248.57M | -12.50M | -42.83M | -11.17M | -7.35M | -10.86M | -8.61M | -757,000 | — | — | -4.85M | — | — |
Purchase of Investments | -11.86M | -15.00M | -999,000 | -1.25M | — | -500,000 | -4,000 | -80.92M | -135.89M | -138.45M | -168.90M | -151.99M | -82.88M | -52.92M | -12.90M | — | -337.50M | -181.51M | -149.34M | -107.98M | -58.38M | — | — | — | -36.40M | — |
Sale of Investments | 3.17M | 4.53M | 14.99M | — | — | — | — | 241.82M | 121.75M | 124.88M | 182.74M | 146.71M | 29.78M | 80.50M | 2.71M | 64.05M | 358.04M | 194.61M | 125.30M | 64.03M | — | 170,000 | 4.28M | 32.31M | — | — |
Investing Cash Flow | -127.41M | -220.77M | -215.34M | -583.10M | -515.52M | -405.94M | -156.25M | -444.54M | -334.31M | -270.13M | -153.20M | -243.20M | -71.87M | -222.82M | -57.32M | 18.74M | -6.98M | -4.95M | 61.83M | -70.79M | -34.86M | -2.89M | 644,916 | 24.42M | -39.40M | -500,000 |
Financing Activities | ||||||||||||||||||||||||||
Long-Term Debt Issuance | — | 112.29M | 485.00M | 750.00M | 550.00M | — | 650.00M | — | — | 402.50M | — | 245.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Long-Term Debt Payments | — | -166.90M | -512.39M | -650.40M | -190.10M | -2.20M | -480.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Other Financing Charges | -14.99M | -17.50M | -19.54M | -67.58M | -33.27M | -3.11M | -21.21M | -19.05M | -10.08M | -23.92M | 211,000 | 8.13M | 13.56M | 62,000 | 3.06M | 1.57M | 4.73M | 1.46M | — | — | — | — | — | 50,000 | — | — |
Financing Cash Flow | -123.52M | -150.26M | -122.32M | -242.02M | 267.18M | -133.45M | -113.44M | 40.90M | -67.62M | 327.27M | -35.91M | 158.24M | 196,000 | 2.56M | 2.71M | -106.74M | -29.73M | -8.75M | 4.09M | 1.90M | 3.36M | 1.63M | -5.58M | 153,763 | 67.10M | 12.50M |
Other Cash Details | ||||||||||||||||||||||||||
End Cash Position | 737.61M | 652.79M | 694.84M | 242.65M | 575.62M | 209.47M | 350.95M | 123.95M | 255.53M | 433.66M | 207.80M | 218.68M | 139.36M | 64.75M | 197.41M | 150.78M | 154.22M | 95.61M | 36.30M | 18.81M | 32.88M | 32.78M | 19.09M | 23.82M | 12.30M | 7.30M |
Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Free Cash Flow | 211.23M | 230.29M | 402.80M | 384.41M | 341.91M | 344.28M | 222.58M | 253.32M | 210.31M | 160.07M | 160.50M | 158.56M | 139.59M | 86.23M | 93.11M | 84.39M | 77.85M | 62.29M | 50.18M | 38.46M | 29.06M | 13.53M | -1.04M | -14.97M | -14.60M | -10.50M |
Top Institutional Holders
Holder | Date Reported | Shares | Value | % Held |
---|---|---|---|---|
iShares Core S&P Smallcap ETF | Nov 30, 2024 | 2,898,706 | 152.82M | 6.78% |
Vanguard Explorer Fund, Inc. | Oct 31, 2024 | 1,630,120 | 85.94M | 3.81% |
Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,395,057 | 73.55M | 3.26% |
Janus Henderson Enterprise Fund | Sep 30, 2024 | 1,336,266 | 70.45M | 3.13% |
iShares Russell 2000 ETF | Nov 30, 2024 | 1,276,181 | 67.28M | 2.99% |
Vanguard Small-Cap Index Fund | Sep 30, 2024 | 1,118,464 | 58.97M | 2.62% |
Capitol Ser Tr-Fuller & Thaler Behavioral Small Cap Equity Fd | Sep 30, 2024 | 968,038 | 51.03M | 2.26% |
Janus Henderson Triton Fund | Sep 30, 2024 | 770,901 | 40.64M | 1.80% |
Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 758,149 | 39.97M | 1.77% |
Vanguard Extended Market Index Fund | Sep 30, 2024 | 670,347 | 35.34M | 1.57% |