Brokerages Set Zeta Global Holdings Corp. (NYSE:ZETA) PT at $28.33

Zeta Global Holdings Corp. (NYSE:ZETAGet Free Report) has been assigned an average rating of “Moderate Buy” from the fifteen analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $29.6154.

Several research analysts have recently weighed in on the stock. Bank of America boosted their price target on shares of Zeta Global from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. DA Davidson lifted their target price on shares of Zeta Global from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday. B. Riley Financial reiterated a “buy” rating and issued a $32.00 target price (up from $30.00) on shares of Zeta Global in a report on Wednesday. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Friday, July 17th.

Get Our Latest Stock Analysis on Zeta Global

Insider Transactions at Zeta Global

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $19.89, for a total transaction of $149,175.00. Following the completion of the sale, the director owned 50,350 shares of the company’s stock, valued at $1,001,461.50. This trade represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.74% of the stock is currently owned by company insiders.

Institutional Trading of Zeta Global

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. boosted its stake in Zeta Global by 34.2% during the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock worth $62,000 after buying an additional 1,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Zeta Global by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after acquiring an additional 4,631 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Zeta Global in the 1st quarter worth approximately $205,000. Woodline Partners LP purchased a new position in shares of Zeta Global during the 1st quarter worth approximately $222,000. Finally, Strs Ohio acquired a new stake in Zeta Global in the 1st quarter valued at approximately $117,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Zeta Global

Here are the key news stories impacting Zeta Global this week:

Zeta Global Price Performance

ZETA stock opened at $26.60 on Friday. Zeta Global has a 1 year low of $14.36 and a 1 year high of $28.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a market capitalization of $6.63 billion, a PE ratio of -1,329.95, a price-to-earnings-growth ratio of 3.65 and a beta of 1.39. The business has a 50 day simple moving average of $21.35 and a 200-day simple moving average of $18.88.

Zeta Global (NYSE:ZETAGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.17). The company had revenue of $442.77 million for the quarter, compared to analyst estimates of $420.61 million. Zeta Global had a positive return on equity of 5.55% and a negative net margin of 0.15%.The business’s quarterly revenue was up 43.6% on a year-over-year basis. During the same period last year, the firm posted ($0.10) EPS. Equities research analysts anticipate that Zeta Global will post 0.21 earnings per share for the current fiscal year.

About Zeta Global

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Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.

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Analyst Recommendations for Zeta Global (NYSE:ZETA)

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