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.
The closing price of BuzzFeed Inc (NASDAQ: BZFD) was $2.72 for the day, down -4.56% from the previous closing price of $2.85. In other words, the price has decreased by -$4.56 from its previous closing price. On the day, 0.5 million shares were traded. BZFD stock price reached its highest trading level at $2.86 during the session, while it also had its lowest trading level at $2.65.
Ratios:
Our analysis of BZFD’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 103362720 and an Enterprise Value of 194468944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.891 whereas that against EBITDA is 19.997.
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 $0.64. The 50-Day Moving Average of the stock is -18.47%, while the 200-Day Moving Average is calculated to be 3.52%.
Shares Statistics:
BZFD traded an average of 987.12K shares per day over the past three months and 558350 shares per day over the past ten days. A total of 36.61M shares are outstanding, with a floating share count of 16.70M. Insiders hold about 56.06% of the company’s shares, while institutions hold 7.74% stake in the company. Shares short for BZFD as of 1734048000 were 744466 with a Short Ratio of 0.75, compared to 1731628800 on 559774. Therefore, it implies a Short% of Shares Outstanding of 744466 and a Short% of Float of 3.44.
