NASDAQ:ZETA - Get Free Report ) shares hit a new 52-week high during trading on Monday . The stock traded as high as $13.11 and last traded at $12.95, with a volume of 272020 shares. The stock had previously closed at $12.82.
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Wall Street Analysts Forecast Growth ZETA has been the topic of several recent research reports. Barclays upped their price target on Zeta Global from $14.00 to $15.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 28th. William Blair reiterated an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 28th. TheStreet raised shares of Zeta Global from a "d+" rating to a "c-" rating in a research report on Tuesday, January 30th. Morgan Stanley raised Zeta Global from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $12.00 to $17.00 in a report on Thursday, April 4th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $13.00 price objective on shares of Zeta Global in a research report on Wednesday, February 28th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $15.00.
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Zeta Global Stock Performance The business has a fifty day simple moving average of $11.28 and a two-hundred day simple moving average of $9.74. The company has a market cap of $2.84 billion, a P/E ratio of -10.76 and a beta of 1.12. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.02.
Zeta Global (NASDAQ:ZETA - Get Free Report ) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.36). The business had revenue of $210.00 million during the quarter, compared to analysts' expectations of $207.53 million. Zeta Global had a negative return on equity of 123.59% and a negative net margin of 25.73%. The business's quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.36) EPS. On average, sell-side analysts anticipate that Zeta Global Holdings Corp. will post -0.45 EPS for the current year.
Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the company. Halpern Financial Inc. raised its holdings in shares of Zeta Global by 18.6% during the 1st quarter. Halpern Financial Inc. now owns 5,300 shares of the company's stock worth $56,000 after acquiring an additional 830 shares in the last quarter. Optas LLC bought a new stake in shares of Zeta Global during the fourth quarter worth $88,000. Blue Trust Inc. boosted its stake in shares of Zeta Global by 22.8% during the fourth quarter. Blue Trust Inc. now owns 10,960 shares of the company's stock valued at $92,000 after purchasing an additional 2,037 shares during the period. Counterpoint Mutual Funds LLC bought a new position in shares of Zeta Global in the fourth quarter worth about $100,000. Finally, SlateStone Wealth LLC purchased a new position in Zeta Global in the 1st quarter worth about $135,000. Hedge funds and other institutional investors own 75.82% of the company's stock.
About Zeta Global (
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Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.
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