There is no way BuzzFeed Inc (BZFD) can keep these numbers up

With 0.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $3.32 whereas the lowest price it dropped to was $3.07. The 52-week range on BZFD shows that it touched its highest point at $5.68 and its lowest point at $0.64 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 3.67.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BZFD was down-trending over the past week, with a drop of -29.20%, but this was up by 0.65% over a month. Three-month performance surged to 12.00% while six-month performance rose 46.67%. The stock gained 131.93% in the past year, while it has gained 208.00% so far this year.

Float and Shares Shorts:

At present, 36.61 million BZFD shares are outstanding with a float of 16.72 million shares on hand for trading. On 2024-11-29, short shares totaled 0.42 million, which was 109.99999999999999 higher than short shares on 1730332800. In addition to Mr. Jonah Peretti as the firm’s Founder, Chairman & CEO, Mr. David Arroyo J.D. serves as its Chief Legal & Compliance Officer and Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.25542 of BZFD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, BZFD reported revenue of $64320000.0 and operating income of $3579000.0. The EBITDA in the recently reported quarter was $9162000.0 and diluted EPS was $0.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BZFD since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of -$0.8 being high and -$0.8 being low. For BZFD, this leads to a yearly average estimate of -$0.8. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.