Ziff Davis Inc (NASDAQ: ZD) stock suffered a major decline of -10.3% on 7/10/24. The shares closed at $46.51. Moreover, exceptionally high trading volume at 352% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -13.5% during the last week.
Current PriceTarget Research Rating
ZD’s future returns on capital are forecasted to exceed 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 inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ziff Davis has a neutral Appreciation Score of 53 but a poor Power Rating of 23, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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