In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of BuzzFeed Inc (NASDAQ: BZFD) closed at $2.12 in the last session, down -3.64% from day before closing price of $2.20. In other words, the price has decreased by -$3.64 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
We take a closer look at BZFD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 0.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Cowen on November 22, 2022, Downgraded its rating to Market Perform and sets its target price to $2 from $3 previously.
On August 11, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $4.50 to $2.
On February 04, 2022, BofA Securities started tracking the stock assigning a Neutral rating and target price of $5.BofA Securities initiated its Neutral rating on February 04, 2022, with a $5 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Rolle Janet L sold 30,801 shares for $3.50 per share. The transaction valued at 107,662 led to the insider holds 122,904 shares of the business.
Johnson John S. III sold 104,000 shares of BZFD for $296,067 on May 31 ’24. The Member of 10% Group now owns 1,091,195 shares after completing the transaction at $2.85 per share. On May 22 ’24, another insider, COMCAST CORP, who serves as the 10% Owner of the company, sold 3,176,923 shares for $3.19 each. As a result, the insider received 10,145,821 and left with 2,000,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.12.
Stock Price History:
Over the past 52 weeks, BZFD has reached a high of $5.68, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -21.88%, while the 200-Day Moving Average is calculated to be -23.34%.
Shares Statistics:
A total of 36.61M shares are outstanding, with a floating share count of 19.57M. Insiders hold about 48.50% of the company’s shares, while institutions hold 12.08% stake in the company.
