Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) shares saw an uptick in trading volume on Monday . 9,044,101 shares changed hands during mid-day trading, an increase of 62% from the previous session's volume of 5,577,561 shares.The stock last traded at $16.94 and had previously closed at $14.18.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on ZETA. Royal Bank Of Canada reduced their target price on Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. B. Riley reduced their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group lowered their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Morgan Stanley reduced their price target on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Finally, Needham & Company LLC cut their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $30.36.
Check Out Our Latest Stock Analysis on Zeta Global
Zeta Global Price Performance
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 has a 50 day simple moving average of $13.06 and a 200-day simple moving average of $16.13. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of -56.00, a P/E/G ratio of 31.21 and a beta of 1.25.
Hedge Funds Weigh In On Zeta Global
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Voya Investment Management LLC raised its position in Zeta Global by 424.3% in the first quarter. Voya Investment Management LLC now owns 287,653 shares of the company's stock worth $3,901,000 after acquiring an additional 232,791 shares during the period. Rhumbline Advisers lifted its holdings in Zeta Global by 3.3% during the 1st quarter. Rhumbline Advisers now owns 255,647 shares of the company's stock worth $3,467,000 after purchasing an additional 8,183 shares in the last quarter. Strs Ohio bought a new position in Zeta Global in the 1st quarter worth about $117,000. Intech Investment Management LLC grew its holdings in Zeta Global by 71.0% during the 1st quarter. Intech Investment Management LLC now owns 142,060 shares of the company's stock valued at $1,926,000 after buying an additional 58,976 shares in the last quarter. Finally, SCS Capital Management LLC bought a new stake in shares of Zeta Global during the first quarter valued at about $674,000. Hedge funds and other institutional investors own 87.75% of the company's stock.
Zeta Global Company Profile
(
Get Free Report)
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.
Further Reading
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