Zeta Global Holdings Corp. (NYSE:ZETA) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fifteen ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $30.36.

Several equities research analysts have recently issued reports on the company. B. Riley decreased their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Canaccord Genuity Group cut their price objective on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Morgan Stanley lowered their target price on 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. Truist Financial lowered their price objective on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Finally, Barclays decreased their target price on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research note on Thursday, February 27th.

Zeta Global Trading Down 1.7%

Shares of ZETA stock traded down $0.22 during mid-day trading on Monday, hitting $12.92. 6,528,859 shares of the company's stock were exchanged, compared to its average volume of 5,378,559. Zeta Global has a fifty-two week low of $10.69 and a fifty-two week high of $38.20. The stock has a 50-day simple moving average of $13.04 and a two-hundred day simple moving average of $17.06. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of -18.45, a PEG ratio of 1.65 and a beta of 1.29.

Hedge Funds Weigh In On Zeta Global

Institutional investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. lifted 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 valued at $25,000 after buying an additional 532 shares in the last quarter. Rakuten Securities Inc. bought a new position in shares of Zeta Global in the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC lifted its position in 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 purchasing an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in Zeta Global during the fourth quarter valued at approximately $33,000. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Zeta Global in the 4th quarter worth approximately $33,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

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.