Zeta Global Holdings Corp. (NYSE:ZETA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have received a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $27.4167.

A number of research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, October 8th. DA Davidson set a $29.00 price target on Zeta Global in a research report on Monday. Bank of America upped their target price on shares of Zeta Global from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Needham & Company LLC reissued a “buy” rating on shares of Zeta Global in a research report on Tuesday, November 25th.

Insider Buying and Selling

In other Zeta Global news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $19.34, for a total value of $251,226.60. Following the sale, the director directly owned 57,850 shares in the company, valued at $1,118,819. This trade represents a 18.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Zeta Global

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Moody National Bank Trust Division lifted its stake in Zeta Global by 129.6% during the fourth quarter. Moody National Bank Trust Division now owns 192,763 shares of the company’s stock worth $3,923,000 after purchasing an additional 108,821 shares during the last quarter. SG Americas Securities LLC raised its holdings in Zeta Global by 151.1% during the fourth quarter. SG Americas Securities LLC now owns 234,077 shares of the company’s stock worth $4,763,000 after purchasing an additional 140,861 shares in the last quarter. Diversified Trust Co. lifted its position in shares of Zeta Global by 4.7% during the 4th quarter. Diversified Trust Co. now owns 31,522 shares of the company’s stock worth $641,000 after buying an additional 1,406 shares during the last quarter. Harbour Capital Advisors LLC acquired a new position in shares of Zeta Global in the 4th quarter valued at $502,000. Finally, Central Pacific Bank Trust Division grew its position in shares of Zeta Global by 451.2% in the 4th quarter. Central Pacific Bank Trust Division now owns 20,274 shares of the company’s stock valued at $413,000 after buying an additional 16,596 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Performance

Shares of Zeta Global stock opened at $24.28 on Tuesday. Zeta Global has a one year low of $10.69 and a one year high of $26.60. The company has a market cap of $5.84 billion, a price-to-earnings ratio of -202.27, a PEG ratio of 2.59 and a beta of 1.26. The business’s 50 day moving average price is $19.26 and its 200 day moving average price is $18.52. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.01 and a current ratio of 3.01.

Zeta Global (NYSE:ZETA) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Zeta Global had a negative net margin of 1.87% and a negative return on equity of 1.22%. The business had revenue of $337.17 million during the quarter, compared to analyst estimates of $327.70 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s revenue was up 25.6% on a year-over-year basis. On average, research analysts predict that Zeta Global will post -0.16 EPS for the current year.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.