Zeta Global Holdings Corp. (NYSE:ZETA) Receives $30.36 Average PT from Analysts

Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) has been assigned an average rating of "Moderate Buy" from the fifteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $30.36.

Several brokerages have recently issued reports on ZETA. B. Riley lowered their price objective on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley dropped their price objective on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Canaccord Genuity Group dropped their target price on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Needham & Company LLC decreased their price target on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Truist Financial decreased their price target on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Optiver Holding B.V. increased its stake in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after acquiring an additional 532 shares during the period. Bartlett & CO. Wealth Management LLC acquired a new stake in Zeta Global during the first quarter worth about $27,000. Quarry LP increased its position in shares of Zeta Global by 963.9% during the first quarter. Quarry LP now owns 2,181 shares of the company's stock valued at $30,000 after acquiring an additional 1,976 shares during the last quarter. Coppell Advisory Solutions LLC increased its position in shares of Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after acquiring an additional 1,201 shares during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Zeta Global in the first quarter valued at approximately $32,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Price Performance

Shares of NYSE ZETA traded down $0.12 during trading on Tuesday, reaching $15.77. The company had a trading volume of 885,812 shares, compared to its average volume of 6,405,807. Zeta Global has a 52 week low of $10.69 and a 52 week high of $38.20. The stock has a market cap of $3.71 billion, a PE ratio of -54.22, a PEG ratio of 44.13 and a beta of 1.29. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.33 and a current ratio of 3.33. The business's 50 day moving average price is $14.22 and its 200-day moving average price is $15.41.

About Zeta Global

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.