j2 Global (JCOM) Earns Daily Coverage Optimism Rating of 0.12
News headlines about j2 Global (NASDAQ:JCOM) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. j2 Global earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.5145945572618 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- j2 Global, Inc. (JCOM) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Brokerages Expect j2 Global, Inc. (JCOM) Will Announce Earnings of $1.37 Per Share (americanbankingnews.com)
- j2 Global Announces Vivek Shah to Become Chief Executive Officer in January 2018 (finance.yahoo.com)
- ETFs with exposure to j2 Global, Inc. : September 28, 2017 (finance.yahoo.com)
- j2 Global Announces Vivek Shah to Become Chief Executive Officer in January 2018 – Business Wire (press release) (businesswire.com)
A number of equities research analysts have issued reports on the company. BidaskClub upgraded j2 Global from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. Citigroup Inc. decreased their price target on j2 Global from $89.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, August 7th. Zacks Investment Research downgraded j2 Global from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Robert W. Baird restated a “buy” rating and issued a $94.00 price objective on shares of j2 Global in a research report on Friday, September 1st. Finally, ValuEngine lowered j2 Global from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $100.60.
j2 Global (NASDAQ:JCOM) opened at 74.37 on Wednesday. j2 Global has a 12-month low of $62.55 and a 12-month high of $91.48. The stock has a market cap of $3.59 billion, a P/E ratio of 24.91 and a beta of 0.94. The stock has a 50 day moving average of $73.92 and a 200 day moving average of $81.91.
j2 Global (NASDAQ:JCOM) last released its quarterly earnings results on Thursday, August 3rd. The technology company reported $1.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.06). j2 Global had a net margin of 14.74% and a return on equity of 26.62%. The firm had revenue of $273.20 million for the quarter, compared to analyst estimates of $271.89 million. During the same quarter in the prior year, the business posted $1.21 EPS. The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. On average, equities research analysts anticipate that j2 Global will post $5.76 earnings per share for the current fiscal year.
About j2 Global
j2 Global, Inc is a provider of services delivered through the Internet. The Company provides cloud services to businesses of all sizes, from individuals to enterprises. The Company operates in two segments: Business Cloud Services and Digital Media. The Company’s Digital Media business segment consists of the Web properties and business operations of Ziff Davis, Inc (Ziff Davis).
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