Izea Worldwide's (IZEA) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Izea Worldwide has had its "sell (D-)" rating reaffirmed by Weiss Ratings, indicating potential challenges ahead for the stock.
• Despite this rating, Wall Street Zen upgraded the stock from "hold" to "buy," reflecting differing opinions among analysts.
• Izea's most recent quarterly earnings report showed a revenue of $9.13 million, falling short of expectations, while it topped EPS estimates with $0.07 per share.

Izea Worldwide (NASDAQ:IZEA - Get Free Report)'s stock had its "sell (d-)" rating restated by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Izea Worldwide from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Sell".

Izea Worldwide Trading Up 0.8%

NASDAQ:IZEA opened at $3.97 on Wednesday. The stock has a market cap of $67.53 million, a P/E ratio of -5.44 and a beta of 1.24. The stock's 50-day moving average is $3.85 and its 200-day moving average is $3.00. Izea Worldwide has a 1-year low of $1.68 and a 1-year high of $4.39.

Izea Worldwide (NASDAQ:IZEA - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.05. The company had revenue of $9.13 million for the quarter, compared to analysts' expectations 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, equities analysts forecast that Izea Worldwide will post -0.53 EPS for the current year.

About Izea Worldwide

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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