J2 Global Inc (NASDAQ:JCOM) – Equities research analysts at DA Davidson issued their Q1 2018 earnings per share estimates for J2 Global in a note issued to investors on Wednesday. DA Davidson analyst R. Jaluria forecasts that the technology company will earn $0.96 per share for the quarter. DA Davidson has a “Buy” rating and a $95.00 price target on the stock. DA Davidson also issued estimates for J2 Global’s Q2 2018 earnings at $1.35 EPS, Q3 2018 earnings at $1.39 EPS, Q4 2018 earnings at $1.90 EPS, FY2018 earnings at $5.59 EPS, Q1 2019 earnings at $1.29 EPS, Q2 2019 earnings at $1.55 EPS, Q3 2019 earnings at $1.53 EPS, Q4 2019 earnings at $2.08 EPS and FY2019 earnings at $6.43 EPS.

J2 Global (NASDAQ:JCOM) last released its earnings results on Tuesday, February 6th. The technology company reported $1.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.70 by $0.09. J2 Global had a net margin of 12.47% and a return on equity of 26.82%. The firm had revenue of $316.38 million during the quarter, compared to analyst estimates of $319.00 million. During the same period last year, the business earned $1.49 earnings per share. The business’s revenue was up 25.6% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of J2 Global from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. BidaskClub downgraded shares of J2 Global from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Robert W. Baird raised their price target on shares of J2 Global from $94.00 to $95.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Finally, William Blair reissued an “outperform” rating on shares of J2 Global in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $99.50.

J2 Global (JCOM) opened at $72.17 on Monday. J2 Global has a 1-year low of $70.27 and a 1-year high of $91.48. The stock has a market cap of $3,493.68, a P/E ratio of 25.50, a PEG ratio of 1.60 and a beta of 0.89. The company has a current ratio of 2.34, a quick ratio of 2.79 and a debt-to-equity ratio of 0.98.

Large investors have recently bought and sold shares of the business. Foster & Motley Inc. grew its position in J2 Global by 63.5% in the 3rd quarter. Foster & Motley Inc. now owns 28,578 shares of the technology company’s stock worth $2,111,000 after purchasing an additional 11,100 shares during the period. American International Group Inc. grew its position in J2 Global by 2.9% in the 3rd quarter. American International Group Inc. now owns 130,050 shares of the technology company’s stock worth $9,608,000 after purchasing an additional 3,714 shares during the period. Aurora Investment Counsel bought a new stake in J2 Global in the 4th quarter worth approximately $2,007,000. Stevens Capital Management LP grew its position in J2 Global by 90.3% in the 3rd quarter. Stevens Capital Management LP now owns 15,164 shares of the technology company’s stock worth $1,120,000 after purchasing an additional 7,194 shares during the period. Finally, Bank of New York Mellon Corp grew its position in J2 Global by 5.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 725,098 shares of the technology company’s stock worth $53,570,000 after purchasing an additional 35,378 shares during the period.

In related news, CEO Vivek Shah sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $77.63, for a total transaction of $232,890.00. Following the completion of the sale, the chief executive officer now owns 748,232 shares of the company’s stock, valued at $58,085,250.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.15% of the stock is owned by company insiders.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Thursday, February 22nd will be given a dividend of $0.405 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.62 annualized dividend and a dividend yield of 2.24%. This is an increase from J2 Global’s previous quarterly dividend of $0.40. J2 Global’s dividend payout ratio (DPR) is 55.83%.

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J2 Global Company Profile

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).

Earnings History and Estimates for J2 Global (NASDAQ:JCOM)

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