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

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the fifteen brokerages that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $30.36.

ZETA has been the subject of a number of analyst reports. Needham & Company LLC dropped their price target on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley lowered 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 report on Wednesday, April 16th. Barclays reduced their target price on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Finally, DA Davidson dropped their price objective on Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

Institutional Investors Weigh In On Zeta Global

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. increased its position in Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock valued at $25,000 after purchasing an additional 532 shares during the period. Summit Investment Advisors Inc. increased its position in shares of Zeta Global by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company's stock worth $336,000 after buying an additional 592 shares during the period. Bleakley Financial Group LLC increased its position in shares of Zeta Global by 4.7% during the fourth quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company's stock worth $254,000 after buying an additional 636 shares during the period. SlateStone Wealth LLC lifted its holdings in Zeta Global by 5.8% in the first quarter. SlateStone Wealth LLC now owns 17,154 shares of the company's stock valued at $233,000 after buying an additional 948 shares during the period. Finally, D.A. Davidson & CO. boosted its position in Zeta Global by 1.6% during the fourth quarter. D.A. Davidson & CO. now owns 64,223 shares of the company's stock valued at $1,155,000 after acquiring an additional 987 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company's stock.

Zeta Global Price Performance

NYSE ZETA traded up $0.04 during midday trading on Thursday, hitting $13.35. The company had a trading volume of 2,886,063 shares, compared to its average volume of 5,320,984. The company has a market capitalization of $3.17 billion, a PE ratio of -19.07, a P/E/G ratio of 1.65 and a beta of 1.29. Zeta Global has a twelve month low of $10.69 and a twelve month high of $38.20. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average price of $13.39 and a 200-day moving average price of $18.70.

Zeta Global Company Profile

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.