Ziff Davis Inc (NASDAQ: ZD) stock enjoyed a major increase of 15.6% on 11/8/24. The shares closed at $56.65. Moreover, exceptionally high trading volume at 204% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 22.4% 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 C (Low Neutral). 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 58 and a slightly negative Power Rating of 32, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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