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

Zeta Global Holdings Corp. (NYSE:ZETA) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $28.6667.

Several research analysts recently weighed in on ZETA shares. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Zeta Global in a research report on Wednesday. William Blair restated an “outperform” rating on shares of Zeta Global in a research note on Wednesday, October 1st. Zacks Research upgraded Zeta Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th. Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Finally, DA Davidson restated a “buy” rating and set a $27.00 price target on shares of Zeta Global in a research report on Wednesday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Palouse Capital Management Inc. boosted its position in shares of Zeta Global by 6.1% during the second quarter. Palouse Capital Management Inc. now owns 10,794 shares of the company’s stock worth $167,000 after buying an additional 619 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Zeta Global by 15.3% during the second quarter. Advisors Asset Management Inc. now owns 5,281 shares of the company’s stock worth $82,000 after buying an additional 702 shares during the period. D.A. Davidson & CO. raised its stake in shares of Zeta Global by 1.2% in the third quarter. D.A. Davidson & CO. now owns 66,462 shares of the company’s stock valued at $1,321,000 after acquiring an additional 799 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Zeta Global by 1.3% in the second quarter. Harbor Capital Advisors Inc. now owns 63,330 shares of the company’s stock valued at $981,000 after purchasing an additional 804 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Zeta Global by 6.5% during the 3rd quarter. Principal Financial Group Inc. now owns 14,264 shares of the company’s stock worth $283,000 after purchasing an additional 874 shares in the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Trading Up 19.3%

Shares of Zeta Global stock opened at $19.92 on Thursday. The firm has a market capitalization of $4.74 billion, a price-to-earnings ratio of -104.84 and a beta of 1.27. Zeta Global has a fifty-two week low of $10.69 and a fifty-two week high of $38.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.25 and a current ratio of 3.25. The stock has a 50 day moving average of $19.37 and a 200 day moving average of $16.51.

About Zeta Global

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.