Zeta Global (NYSE:ZETA) Price Target Increased to $44.00 by Analysts at Roth Mkm

Zeta Global (NYSE:ZETA) had its price target lifted by Roth Mkm from $33.00 to $44.00 in a research note released on Tuesday, Benzinga reports. They currently have a buy rating on the stock.

A number of other analysts have also issued reports on the stock. Craig Hallum boosted their target price on shares of Zeta Global from $35.00 to $37.00 and gave the company a buy rating in a research note on Friday, September 27th. Bank of America boosted their target price on shares of Zeta Global from $30.00 to $36.00 and gave the stock a buy rating in a report on Thursday, September 26th. Canaccord Genuity Group boosted their target price on shares of Zeta Global from $28.00 to $30.00 and gave the stock a buy rating in a report on Friday, September 6th. Truist Financial reiterated a buy rating and issued a $35.00 target price (up from $30.00) on shares of Zeta Global in a report on Friday, September 27th. Finally, Needham & Company LLC boosted their target price on shares of Zeta Global from $33.00 to $36.00 and gave the stock a buy rating in a report on Monday, September 30th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Buy and an average price target of $34.25.

Zeta Global Trading Up 3.9 %

Shares of ZETA opened at $31.04 on Tuesday. The company’s fifty day moving average is $25.65 and its 200 day moving average is $18.79. Zeta Global has a fifty-two week low of $7.38 and a fifty-two week high of $32.11. The stock has a market capitalization of $6.83 billion, a PE ratio of -29.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.98 and a current ratio of 1.98.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings data on Wednesday, July 31st. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.26). The firm had revenue of $227.80 million for the quarter, compared to analysts’ expectations of $212.44 million. Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.76%. The firm’s quarterly revenue was up 32.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.32) earnings per share. Sell-side analysts expect that Zeta Global will post -0.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zeta Global

A number of large investors have recently bought and sold shares of ZETA. Quest Partners LLC boosted its position in Zeta Global by 1,718.9% in the 2nd quarter. Quest Partners LLC now owns 2,310 shares of the company’s stock worth $41,000 after purchasing an additional 2,183 shares in the last quarter. Halpern Financial Inc. boosted its position in Zeta Global by 18.6% in the 1st quarter. Halpern Financial Inc. now owns 5,300 shares of the company’s stock worth $56,000 after purchasing an additional 830 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Zeta Global in the 2nd quarter worth approximately $99,000. Amalgamated Bank boosted its position in Zeta Global by 20.0% in the 2nd quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after purchasing an additional 948 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Zeta Global in the 2nd quarter worth approximately $105,000. Hedge funds and other institutional investors own 75.82% of the company’s stock.

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.