IZEA WORLDWIDE (NASDAQ:IZEA) Downgraded by Wall Street Zen to "Hold"

Key Points

• IZEA Worldwide has been downgraded from a "buy" rating to a "hold" rating by analysts at Wall Street Zen, indicating a cautious stance on the stock.
• Weiss Ratings has also assigned a "sell (d-)" rating to IZEA Worldwide, contributing to the company's overall consensus rating of "sell".
• Despite a recent surge of 25.6% in stock price, IZEA reported a negative return on equity of 19.89% and a negative net margin of 33.38% in its latest earnings report.

IZEA WORLDWIDE (NASDAQ:IZEA - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of IZEA WORLDWIDE in a research report on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, IZEA WORLDWIDE currently has a consensus rating of "Sell".

IZEA WORLDWIDE Stock Up 25.6%

Shares of NASDAQ IZEA opened at $4.90 on Friday. The business's 50 day moving average price is $3.87 and its two-hundred day moving average price is $3.03. The company has a market cap of $83.35 million, a PE ratio of -6.71 and a beta of 1.24. IZEA WORLDWIDE has a twelve month low of $1.68 and a twelve month high of $5.25.

IZEA WORLDWIDE (NASDAQ:IZEA - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. The firm had revenue of $9.13 million for the quarter, compared to the consensus estimate of $9.50 million. IZEA WORLDWIDE had a negative return on equity of 19.89% and a negative net margin of 33.38%. As a group, research analysts anticipate that IZEA WORLDWIDE will post -0.53 EPS for the current fiscal year.

IZEA WORLDWIDE Company Profile

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.

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