Zeta Global Holdings Corp. (NYSE:ZETA – Get Free Report) crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $31.48 and traded as low as $30.33. Zeta Global shares last traded at $31.1340, with a volume of 5,111,659 shares traded.
Analyst Upgrades and Downgrades
Several analysts have commented on ZETA shares. The Goldman Sachs Group raised shares of Zeta Global from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $30.00 to $45.00 in a research report on Friday, October 16th. Craig Hallum set a $38.00 target price on shares of Zeta Global in a research report on Monday, October 12th. Freedom Capital lowered shares of Zeta Global from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Royal Bank Of Canada lifted their price target on shares of Zeta Global from $31.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, October 5th. Finally, Bank of America lifted their price target on shares of Zeta Global from $29.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Twelve research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average target price of $37.06.
View Our Latest Analysis on Zeta Global
Zeta Global Trading Down 4.9%
The firm has a fifty day moving average of $31.48 and a two-hundred day moving average of $22.54. The company has a market cap of $7.82 billion, a PE ratio of -1,556.70, a price-to-earnings-growth ratio of 4.62 and a beta of 1.39. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.21.
Zeta Global (NYSE:ZETA – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.17). The business had revenue of $442.77 million for the quarter, compared to analysts’ expectations of $420.61 million. Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. Zeta Global’s revenue for the quarter was up 43.6% compared to the same quarter last year. During the same period last year, the company earned ($0.10) earnings per share. As a group, sell-side analysts predict that Zeta Global Holdings Corp. will post 0.21 EPS for the current year.
Institutional Trading of Zeta Global
Several hedge funds and other institutional investors have recently modified their holdings of ZETA. Financial Management Professionals Inc. lifted its stake in shares of Zeta Global by 45.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 1,025 shares of the company’s stock valued at $32,000 after buying an additional 318 shares in the last quarter. Signaturefd LLC grew its stake in Zeta Global by 121.6% in the 3rd quarter. Signaturefd LLC now owns 1,148 shares of the company’s stock valued at $36,000 after buying an additional 630 shares in the last quarter. GK Wealth Management LLC purchased a new position in Zeta Global in the 3rd quarter valued at approximately $37,000. Versant Capital Management Inc grew its stake in Zeta Global by 54.9% in the 3rd quarter. Versant Capital Management Inc now owns 1,340 shares of the company’s stock valued at $42,000 after buying an additional 475 shares in the last quarter. Finally, Polaris Financial Partners bought a new stake in Zeta Global during the 3rd quarter valued at $56,000. Institutional investors own 87.75% of the company’s stock.
About Zeta Global
Zeta Global Holdings Corp. is a technology company that provides data-driven marketing and customer experience solutions. Its platform combines consumer data, analytics, artificial intelligence and marketing automation to help brands acquire, engage and retain customers across digital and traditional channels.
The company’s offerings include the Zeta Marketing Platform, a technology suite designed to support audience identification, customer segmentation, campaign planning, personalization and measurement.
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