ZD Stock Summary and Trading Ideas (Ziff Davis | NASDAQ:ZD)

Ziff Davis Inc is a focused digital media and internet company whose portfolio includes brands in technology, entertainment, shopping, health, cybersecurity, and martech. It has two reportable segments: Digital Media and Cybersecurity and Martech. The company's brands include Mashable, Ookla, Offers.com, IGN, and VPN among others. The majority of revenue is generated from Digital Media.

Ziff Davis trades on the NASDAQ stock market under the symbol ZD.

As of December 13, 2024, ZD stock price declined to $57.75 with 179,903 million shares trading.

ZD has a beta of 1.83, meaning it tends to be more sensitive to market movements. ZD has a correlation of 0.34 to the broad based SPY ETF.

ZD has a market cap of $2.47 billion. This is considered a Mid Cap stock.

Last quarter Ziff Davis reported $354 million in Revenue and $1.64 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.13.

In the last 3 years, ZD traded as high as $114.43 and as low as $37.76.

The top ETF exchange traded funds that ZD belongs to (by Net Assets): IJR, IWM, VTI, VB, VBR.

ZD has underperformed the market in the last year with a price return of -10.8% while the SPY ETF gained +29.9%. However, in the short term, ZD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.3% vs +7.8% return in SPY. But in the last 2 weeks, ZD shares have been beat by the market, returning -1.9% compared to an SPY return of +0.3%.

ZD support price is $57.87 and resistance is $60.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZD shares will trade within this expected range on the day.