For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, BuzzFeed Inc’s stock clocked out at $0.39, up 0.93% from its previous closing price of $0.39. In other words, the price has increased by $0.93 from its previous closing price. On the day, 0.66 million shares were traded. BZFD stock price reached its highest trading level at $0.3936 during the session, while it also had its lowest trading level at $0.38.
Ratios:
To gain a deeper understanding of BZFD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 0.66.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 29 ’24 when Johnson John S. III sold 50,000 shares for $0.19 per share. The transaction valued at 9,440 led to the insider holds 4,780,779 shares of the business.
Johnson John S. III sold 25,000 shares of BZFD for $5,400 on Jan 19 ’24. The Member of 10% Group now owns 4,830,779 shares after completing the transaction at $0.22 per share. On Jan 18 ’24, another insider, Johnson John S. III, who serves as the Member of 10% Group of the company, sold 50,000 shares for $0.23 each. As a result, the insider received 11,530 and left with 4,855,779 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BZFD now has a Market Capitalization of 59384132 and an Enterprise Value of 241868688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 0.957 whereas that against EBITDA is -11.364.
Stock Price History:
Over the past 52 weeks, BZFD has reached a high of $1.01, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 12.14%, while the 200-Day Moving Average is calculated to be 7.20%.
Shares Statistics:
It appears that BZFD traded 4.92M shares on average per day over the past three months and 910380 shares per day over the past ten days. A total of 140.14M shares are outstanding, with a floating share count of 60.82M. Insiders hold about 58.28% of the company’s shares, while institutions hold 9.47% stake in the company. Shares short for BZFD as of 1711584000 were 4782283 with a Short Ratio of 0.97, compared to 1709164800 on 5580343. Therefore, it implies a Short% of Shares Outstanding of 4782283 and a Short% of Float of 6.0100004.
Earnings Estimates
The current assessment of BuzzFeed Inc (BZFD) involves the perspectives of BUFD analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.39, with high estimates of $0.00 and low estimates of $0.03.
