Stock Rating Downgrade
In recent days the Value Trend Rating for Ziff Davis Inc (NASDAQ: ZD) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Ziff Davis Inc (NASDAQ: ZD) stock declined slightly by -0.9% on 4/8/24. The stock closed at $57.45. Moreover, unusually high trading volume at 191% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.9% during the last week.
Current PriceTarget Research Rating
ZD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ziff Davis has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ziff Davis has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 37, with the Negative Value Trend Rating the result.
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