Alert: Negative Investment/Fundamental Signals (4/3/24)-Ziff Davis Inc (NASDAQ: ZD)


Notable negative changes in fundamentals have recently occurred for Ziff Davis Inc (NASDAQ: ZD): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.

Ziff Davis Inc (NASDAQ: ZD) has recently experienced meaningful negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would 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 an important Value Builder.

Ziff Davis has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Ziff Davis has a neutral Appreciation Score of 45 and a neutral Power Rating of 44, with the Low Neutral Value Trend Rating the result.

Recent Price Action

Ziff Davis Inc (NASDAQ: ZD) stock declined modestly by -1.4% on 4/3/24. The stock closed at $59.89. This decline was accompanied by normal trading volume. The stock has declined -3.6% during the last week and has performed in line with the market over the last nine months.

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