News coverage about j2 Global (NASDAQ:JCOM) has been trending positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. j2 Global earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 63 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Equinix (EQIX) & j2 Global (JCOM) Head-To-Head Contrast (americanbankingnews.com)
- j2 Global, Inc. breached its 50 day moving average in a Bullish Manner : JCOM-US : July 26, 2017 (finance.yahoo.com)
- j2 Global, Inc. (JCOM) Expected to Post Quarterly Sales of $273.41 Million (americanbankingnews.com)
- j2 Global, Inc. (JCOM) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
- Research from Campaigner® Reveals Email Marketing as the Shining Star in Preparing for This Holiday Season (finance.yahoo.com)
Shares of j2 Global (JCOM) traded up 0.01% during midday trading on Thursday, hitting $85.86. The stock had a trading volume of 51,159 shares. j2 Global has a 1-year low of $62.55 and a 1-year high of $91.48. The firm has a 50-day moving average price of $85.79 and a 200-day moving average price of $84.95. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 28.27 and a beta of 0.95.
j2 Global (NASDAQ:JCOM) last posted its earnings results on Monday, May 8th. The technology company reported $1.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.21 by $0.07. j2 Global had a net margin of 15.98% and a return on equity of 26.41%. The company had revenue of $254.70 million for the quarter, compared to the consensus estimate of $258.15 million. During the same quarter last year, the business earned $1.05 earnings per share. j2 Global’s quarterly revenue was up 27.0% on a year-over-year basis. On average, equities analysts anticipate that j2 Global will post $5.84 EPS for the current fiscal year.
Several equities research analysts have commented on JCOM shares. BidaskClub upgraded j2 Global from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. Susquehanna Bancshares Inc reaffirmed a “positive” rating and issued a $120.00 target price (up previously from $95.00) on shares of j2 Global in a research report on Tuesday, May 9th. Finally, Zacks Investment Research downgraded j2 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $97.00.
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In other j2 Global news, Director Robert J. Cresci sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $88.67, for a total transaction of $798,030.00. Following the transaction, the director now directly owns 84,569 shares in the company, valued at $7,498,733.23. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director W Brian Kretzmer sold 1,336 shares of the firm’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $86.20, for a total value of $115,163.20. Following the transaction, the director now owns 11,607 shares in the company, valued at $1,000,523.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,758 shares of company stock worth $2,583,053. Corporate insiders own 5.15% of the company’s stock.
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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