Ziff Davis Inc (NASDAQ: ZD) has reported earnings for its first fiscal quarter (ending March 31) of $0.23 versus a loss $-0.16 for the same period a year ago. Relative to the consensus estimate of $1.23, this was a shortfall of $-1.00. For the latest four quarters through March 31, E.P.S. were $1.31 compared to $0.71 a year ago — an increase of 85%.
Recent Price Action
Ziff Davis Inc (NASDAQ: ZD) stock closed at $54.48 on 5/8/24 after a modest decline of -1.6%. Moreover, this decline was accompanied by above average trading volume at 131% of normal. The stock has risen 8.7% during the last week but has been weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ziff Davis has a neutral Appreciation Score of 53 but a poor Power Rating of 28, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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