j2 Global, Inc. (NASDAQ:JCOM) updated its FY17 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $5.60-$6.00 for the period, compared to the Thomson Reuters consensus estimate of $5.77. The company issued revenue guidance of $1.107-$1.147 billion, compared to the consensus revenue estimate of $1.13 billion.

Several equities analysts recently commented on the company. BidaskClub lowered j2 Global from a hold rating to a sell rating in a research report on Tuesday, July 25th. ValuEngine raised j2 Global from a hold rating to a buy rating in a research report on Wednesday, October 11th. Citigroup Inc. reduced their price target on j2 Global from $89.00 to $88.00 and set a neutral rating on the stock in a research report on Monday, August 7th. Zacks Investment Research lowered j2 Global from a hold rating to a sell rating in a research report on Wednesday, August 9th. Finally, Robert W. Baird reaffirmed a buy rating and issued a $94.00 target price on shares of j2 Global in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $101.75.

Shares of j2 Global, Inc. (JCOM) traded up $1.65 on Friday, hitting $75.81. The company’s stock had a trading volume of 642,325 shares, compared to its average volume of 416,178. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 14.12 and a beta of 0.88. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.04.

j2 Global (NASDAQ:JCOM) last released its earnings results on Thursday, November 2nd. The technology company reported $1.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.02). j2 Global had a return on equity of 26.76% and a net margin of 12.60%. The business had revenue of $273.60 million for the quarter, compared to analysts’ expectations of $272.84 million. During the same period in the previous year, the company earned $1.25 EPS. j2 Global’s quarterly revenue was up 30.2% compared to the same quarter last year. research analysts forecast that j2 Global, Inc. will post 5.41 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.395 per share. This is a positive change from j2 Global’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 2.08%. j2 Global’s dividend payout ratio is presently 57.04%.

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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).

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