Zeta Global Holdings Corp. (NYSE:ZETA) Receives $30.77 Consensus Target Price from Analysts

Zeta Global Holdings Corp. (NYSE:ZETA) has earned a consensus rating of “Moderate Buy” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $30.7692.

A number of research analysts have issued reports on ZETA shares. B. Riley Financial reissued a “buy” rating and set a $32.00 target price (up from $30.00) on shares of Zeta Global in a research note on Wednesday, August 5th. Bank of America lifted their target price on Zeta Global from $29.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Freedom Capital cut Zeta Global from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Needham & Company LLC upped their price objective on shares of Zeta Global from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, DA Davidson increased their target price on Zeta Global from $30.00 to $32.00 and gave the company a “buy” rating in a report on Wednesday, August 5th.

Insider Buying and Selling

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director directly owned 50,350 shares of the company’s stock, valued at $1,001,461.50. This represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 10.74% of the stock is owned by insiders.

Institutional Trading of Zeta Global

Several large investors have recently made changes to their positions in ZETA. Cornerstone Planning Group LLC raised its stake in shares of Zeta Global by 3,150.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after acquiring an additional 1,260 shares in the last quarter. DV Equities LLC bought a new stake in Zeta Global during the fourth quarter worth approximately $29,000. Binnacle Investments Inc acquired a new position in Zeta Global during the third quarter valued at approximately $30,000. United Community Bank acquired a new position in Zeta Global during the fourth quarter valued at approximately $31,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Zeta Global by 204.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock valued at $33,000 after purchasing an additional 1,406 shares during the period. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Up 1.1%

Shares of NYSE:ZETA opened at $30.56 on Wednesday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.21. Zeta Global has a twelve month low of $14.36 and a twelve month high of $30.84. The company has a market capitalization of $7.67 billion, a PE ratio of -1,528.00, a P/E/G ratio of 4.26 and a beta of 1.39. The firm has a 50 day simple moving average of $23.62 and a 200-day simple moving average of $19.87.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.17). Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. The firm had revenue of $442.77 million during the quarter, compared to analysts’ expectations of $420.61 million. During the same quarter in the prior year, the firm posted ($0.10) EPS. Zeta Global’s quarterly revenue was up 43.6% compared to the same quarter last year. On average, equities analysts predict that Zeta Global will post 0.21 EPS 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.