Zeta Global Holdings Corp. (ZETA) – What Are Researchers Thinking About This Stock?

Zeta Global Holdings Corp. (NYSE:ZETA) has received an average rating of “Moderate Buy” from the fifteen analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $37.06.

Several equities analysts recently commented on ZETA shares. Royal Bank Of Canada upped their target price on Zeta Global from $31.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, October 5th. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research note on Friday, October 9th. KeyCorp lifted their price target on Zeta Global from $27.00 to $38.00 and gave the company an “overweight” rating in a report on Friday, October 9th. Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Needham & Company LLC upped their price objective on shares of Zeta Global from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, October 9th.

Zeta Global Price Performance

Zeta Global stock opened at $32.56 on Thursday. The stock has a market capitalization of $8.17 billion, a P/E ratio of -1,627.85, a P/E/G ratio of 4.49 and a beta of 1.39. Zeta Global has a 12-month low of $14.36 and a 12-month high of $35.75. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.38 and a quick ratio of 2.38. The firm’s 50-day moving average is $30.72 and its two-hundred day moving average is $23.57.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.17). The firm had revenue of $442.77 million for the quarter, compared to analysts’ expectations of $420.61 million. Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. The business’s quarterly revenue was up 43.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.10) EPS. Equities analysts predict that Zeta Global will post 0.21 earnings per share for the current year.

Hedge Funds Weigh In On Zeta Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Bank & Trust purchased a new position in Zeta Global in the third quarter valued at about $305,000. IFP Advisors Inc boosted its position in shares of Zeta Global by 135.4% in the third quarter. IFP Advisors Inc now owns 6,437 shares of the company’s stock worth $203,000 after buying an additional 3,702 shares during the period. Vontobel Holding Ltd. grew its stake in shares of Zeta Global by 8.7% in the third quarter. Vontobel Holding Ltd. now owns 20,309 shares of the company’s stock valued at $641,000 after buying an additional 1,624 shares in the last quarter. Gunderson Capital Management LLC acquired a new stake in shares of Zeta Global in the third quarter valued at about $214,000. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of Zeta Global in the third quarter valued at about $265,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

About Zeta Global

Zeta Global Holdings Corp. is a technology company that provides data-driven marketing and customer experience solutions. Its platform combines consumer data, analytics, artificial intelligence and marketing automation to help brands acquire, engage and retain customers across digital and traditional channels.

The company’s offerings include the Zeta Marketing Platform, a technology suite designed to support audience identification, customer segmentation, campaign planning, personalization and measurement.