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

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have earned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $27.8333.

A number of brokerages have recently commented on ZETA. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Bank of America began coverage on Zeta Global in a report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 target price for the company. DA Davidson lifted their target price on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Wall Street Zen cut Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 target price for the company in a report on Tuesday, April 28th.

Hedge Funds Weigh In On Zeta Global

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Zeta Global by 6.1% during the 4th quarter. Vanguard Group Inc. now owns 23,051,314 shares of the company’s stock valued at $469,094,000 after acquiring an additional 1,325,717 shares during the period. Contour Asset Management LLC boosted its holdings in Zeta Global by 26.3% during the 4th quarter. Contour Asset Management LLC now owns 11,162,626 shares of the company’s stock valued at $227,159,000 after acquiring an additional 2,327,907 shares during the period. Disciplined Growth Investors Inc. MN purchased a new position in Zeta Global during the 3rd quarter valued at $121,502,000. Goldman Sachs Group Inc. boosted its holdings in Zeta Global by 13.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,582,446 shares of the company’s stock valued at $113,603,000 after acquiring an additional 673,145 shares during the period. Finally, Capital World Investors boosted its holdings in Zeta Global by 0.7% during the 4th quarter. Capital World Investors now owns 5,013,776 shares of the company’s stock valued at $102,030,000 after acquiring an additional 33,923 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Price Performance

Shares of Zeta Global stock opened at $20.06 on Friday. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of -182.32, a price-to-earnings-growth ratio of 3.10 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a 50 day moving average price of $18.36 and a 200-day moving average price of $18.50. Zeta Global has a one year low of $12.10 and a one year high of $25.95.

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.