Zeta Global Holdings Corp. (ZETA) – What Are Researchers Thinking About This Stock?

Zeta Global Holdings Corp. (NYSE:ZETA) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $37.06.

Several equities research analysts have recently commented on the stock. William Blair set a $29.00 price target on shares of Zeta Global in a research report on Thursday, August 6th. Truist Financial raised their price target on Zeta Global from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. Craig Hallum set a $38.00 price objective on shares of Zeta Global in a report on Monday, October 12th. Canaccord Genuity Group boosted their target price on Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, October 9th. Finally, DA Davidson increased their price objective on shares of Zeta Global from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. USAdvisors Wealth Management LLC grew its holdings in Zeta Global by 16.4% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 19,200 shares of the company’s stock valued at $606,000 after buying an additional 2,700 shares in the last quarter. First Bank & Trust acquired a new stake in shares of Zeta Global during the third quarter worth $305,000. IFP Advisors Inc lifted its holdings in shares of Zeta Global by 135.4% during the third quarter. IFP Advisors Inc now owns 6,437 shares of the company’s stock worth $203,000 after buying an additional 3,702 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of Zeta Global by 8.7% in the third quarter. Vontobel Holding Ltd. now owns 20,309 shares of the company’s stock valued at $641,000 after acquiring an additional 1,624 shares during the period. Finally, Gunderson Capital Management LLC bought a new stake in shares of Zeta Global in the third quarter valued at about $214,000. 87.75% of the stock is owned by institutional investors.

Zeta Global Stock Up 1.8%

Shares of ZETA opened at $34.14 on Thursday. The company has a 50-day simple moving average of $30.92 and a 200-day simple moving average of $23.82. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38. Zeta Global has a 52 week low of $14.36 and a 52 week high of $35.75. The firm has a market capitalization of $8.57 billion, a P/E ratio of -1,706.95, a P/E/G ratio of 4.73 and a beta of 1.39.

Zeta Global (NYSE:ZETA) last posted its earnings results on Tuesday, August 4th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.17). The firm had revenue of $442.77 million during the quarter, compared to the consensus estimate of $420.61 million. Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%. The firm’s revenue for the quarter was up 43.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) EPS. On average, equities research analysts expect that Zeta Global will post 0.21 earnings per share for the current year.

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.