BuzzFeed Inc [BZFD] stock is trading at $2.61, up 8.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BZFD shares have gain 5.88% over the last week, with a monthly amount drifted -7.77%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BuzzFeed Inc [NASDAQ: BZFD] stock has seen the most recent analyst activity on November 22, 2022, when Cowen downgraded its rating to a Market Perform and also revised its price target to $2 from $3. Previously, BofA Securities downgraded its rating to Underperform on August 11, 2022, and dropped its price target to $2. On February 04, 2022, BofA Securities initiated with a Neutral rating and assigned a price target of $5 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $7.50 on January 12, 2022. Cowen initiated its recommendation with a Outperform and recommended $7 as its price target on January 10, 2022.
BuzzFeed Inc [BZFD] stock has fluctuated between $0.65 and $5.68 over the past year. BuzzFeed Inc [NASDAQ: BZFD] shares were valued at $2.61 at the most recent close of the market.
Analyzing the BZFD fundamentals
BuzzFeed Inc [NASDAQ:BZFD] reported sales of 231.67M for the trailing twelve months, which represents a drop of -12.25%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.65 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.47 points at the first support level, and at 2.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.68, and for the 2nd resistance point, it is at 2.76.
Ratios To Look Out For
For context, BuzzFeed Inc’s Current Ratio is 0.67. Also, the Quick Ratio is 0.67, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 1.38.
Transactions by insiders
Recent insider trading involved Rolle Janet L, Director, that happened on Dec 13 ’24 when 30801.0 shares were sold. Member of 10% Group, Johnson John S. III completed a deal on May 31 ’24 to sell 0.1 million shares. Meanwhile, 10% Owner COMCAST CORP sold 3.18 million shares on May 22 ’24.
