Zeta Global Holdings Corp. (NYSE:ZETA) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have been given an average rating of “Moderate Buy” by the fourteen analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $28.3333.

A number of research analysts have recently weighed in on the company. KeyCorp raised Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 28th. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. DA Davidson increased their price objective on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Royal Bank Of Canada increased their price objective on Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, May 1st.

Institutional Trading of Zeta Global

A number of hedge funds have recently modified their holdings of ZETA. Cornerstone Planning Group LLC boosted its stake in shares of Zeta Global by 3,150.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after buying an additional 1,260 shares during the last quarter. DV Equities LLC purchased a new stake in shares of Zeta Global in the fourth quarter worth about $29,000. Binnacle Investments Inc purchased a new stake in shares of Zeta Global in the third quarter worth about $30,000. United Community Bank purchased a new stake in shares of Zeta Global in the fourth quarter worth about $31,000. Finally, National Bank of Canada FI boosted its stake in shares of Zeta Global by 223.1% in the third quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after buying an additional 1,267 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Trading Up 0.1%

Shares of NYSE:ZETA opened at $17.21 on Monday. The business’s 50-day moving average is $17.01 and its 200 day moving average is $18.15. Zeta Global has a 1 year low of $12.10 and a 1 year high of $24.90. The firm has a market capitalization of $4.20 billion, a P/E ratio of -156.41, a P/E/G ratio of 2.59 and a beta of 1.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07.

Zeta Global (NYSE:ZETA) last announced its earnings results on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05. Zeta Global had a positive return on equity of 2.91% and a negative net margin of 1.62%.The company had revenue of $394.64 million for the quarter, compared to analyst estimates of $378.09 million. During the same period in the prior year, the company posted $0.06 EPS. The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. On average, research analysts predict that Zeta Global will post 0.21 earnings per share for the current fiscal year.

Zeta Global Company Profile

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.