Ziff Davis Inc (NASDAQ: ZD) suffers from meaningful negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.
Recent notable negative changes in investment behavior have affected Ziff Davis Inc (NASDAQ: ZD): its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ZD is expected to continue to be a major Value Builder.
Ziff Davis has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ziff Davis has a neutral Power Rating of 45 and a neutral Appreciation Score of 41, and the Negative Value Trend Rating results.
Recent Price Action
Ziff Davis Inc (NASDAQ: ZD) stock closed at $67.15 on 3/7/24 after a modest gain of 0.4%. Trading volume in this advance was normal. The stock has declined -2.0% during the last week and has performed in line with the market over the last nine months.
Be the first to comment