Zeta Global (ZETA) Scheduled to Post Quarterly Earnings on Monday

Zeta Global (NASDAQ:ZETA) will be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Zeta Global to post earnings of $0.08 per share for the quarter. Zeta Global has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Zeta Global (NASDAQ:ZETA) last posted its earnings results on Tuesday, February 27th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.36). The firm had revenue of $210.00 million for the quarter, compared to the consensus estimate of $207.53 million. Zeta Global had a negative return on equity of 123.59% and a negative net margin of 25.73%. Zeta Global’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.36) EPS. On average, analysts expect Zeta Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zeta Global Stock Performance

ZETA stock opened at $12.82 on Friday. The firm has a market cap of $2.80 billion, a PE ratio of -10.59 and a beta of 1.12. Zeta Global has a 12-month low of $7.24 and a 12-month high of $12.99. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.02. The business has a 50 day moving average of $11.28 and a 200-day moving average of $9.72.

Wall Street Analyst Weigh In

ZETA has been the subject of a number of recent research reports. DA Davidson started coverage on Zeta Global in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $15.00 target price for the company. TheStreet raised shares of Zeta Global from a “d+” rating to a “c-” rating in a research note on Tuesday, January 30th. Barclays raised their price target on Zeta Global from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. Morgan Stanley upgraded shares of Zeta Global from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $12.00 to $17.00 in a report on Thursday, April 4th. Finally, William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 28th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $15.00.

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.