Ziff Davis Inc (NASDAQ: ZD) has recently experienced important negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted 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 C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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 (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 60 and a neutral Power Rating of 40, producing the Neutral Value Trend Rating.
Recent Price Action
Ziff Davis Inc (NASDAQ: ZD) stock declined by -1.1% on 11/27/23. The shares closed at $64.85. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
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