For its second fiscal quarter (ending June 30), Ziff Davis Inc (NASDAQ: ZD) has reported a 125% increase in E.P.S. from $0.36 a year ago to $0.81 in the current quarter. However, this performance was $-0.48 short of the consensus estimate of $1.29. E.P.S. were $1.76 for the latest four quarters through June 30 versus $2.05 for the same period a year ago — a decline of -14%.
Recent Price Action
Ziff Davis Inc (NASDAQ: ZD) stock closed at $39.88 on 8/7/24 after a modest gain of 0.6%. Moreover, this advance was accompanied by above average trading volume at 135% of normal. The stock has declined -17.2% during the last week and has been extremely 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ziff Davis has a slightly positive Appreciation Score of 65 but a very low Power Rating of 10, resulting in the Negative Value Trend Rating.
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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