Ziff Davis: This Incredibly Cheap Cash Machine Is Hiding In Plain Sight
Ziff Davis received a 'strong buy' rating driven by its strategy of acquiring, improving, and selling digital assets at premiums. Its aggressive share buyback program boosted adjusted EPS by 13.2% year-over-year despite modest revenue and EBITDA declines, and the $1.216 billion sale of its Connectivity division to Accenture nearly matched its pre-announcement equity value.
Why it matters — A Ziff Davis watcher would care because the report highlights the company's capital allocation strength and signals that its portfolio may be undervalued relative to what its assets can fetch.