J2 Global Inc (NASDAQ:JCOM) has earned an average rating of “Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $100.60.

A number of equities research analysts have weighed in on JCOM shares. William Blair reiterated an “outperform” rating on shares of J2 Global in a research note on Wednesday. Robert W. Baird boosted their price objective on J2 Global from $94.00 to $95.00 and gave the company an “outperform” rating in a research note on Wednesday. DA Davidson started coverage on J2 Global in a research note on Friday, February 2nd. They issued a “buy” rating and a $95.00 price objective for the company. Zacks Investment Research upgraded J2 Global from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Finally, BidaskClub cut J2 Global from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th.

J2 Global (NASDAQ JCOM) traded down $0.40 during mid-day trading on Tuesday, reaching $71.88. The company had a trading volume of 345,897 shares, compared to its average volume of 333,892. The stock has a market capitalization of $3,620.98, a PE ratio of 24.96, a price-to-earnings-growth ratio of 1.60 and a beta of 0.89. J2 Global has a 12-month low of $70.27 and a 12-month high of $91.48. The company has a debt-to-equity ratio of 0.98, a quick ratio of 2.79 and a current ratio of 2.34.

J2 Global (NASDAQ:JCOM) last posted its earnings results on Tuesday, February 6th. The technology company reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.09. The firm had revenue of $316.38 million during the quarter, compared to analysts’ expectations of $319.00 million. J2 Global had a return on equity of 26.82% and a net margin of 12.47%. The firm’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.49 earnings per share. research analysts predict that J2 Global will post 5.84 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 22nd will be issued a $0.405 dividend. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 2.25%. This is a positive change from J2 Global’s previous quarterly dividend of $0.40. J2 Global’s payout ratio is presently 55.83%.

In other news, CEO Vivek Shah sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $77.63, for a total value of $232,890.00. Following the transaction, the chief executive officer now owns 748,232 shares of the company’s stock, valued at $58,085,250.16. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 5.15% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Advisor Group Inc. increased its holdings in shares of J2 Global by 1.7% in the second quarter. Advisor Group Inc. now owns 2,535 shares of the technology company’s stock valued at $195,000 after purchasing an additional 43 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of J2 Global by 47.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,588 shares of the technology company’s stock valued at $194,000 after purchasing an additional 831 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of J2 Global in the fourth quarter valued at approximately $210,000. Parametrica Management Ltd acquired a new position in shares of J2 Global in the third quarter valued at approximately $229,000. Finally, Shelton Capital Management acquired a new position in shares of J2 Global in the second quarter valued at approximately $277,000.

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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).

Analyst Recommendations for J2 Global (NASDAQ:JCOM)

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