Zeta Global (NYSE:ZETA) Hits New 1-Year High – Here’s Why

Zeta Global Holdings Corp. (NYSE:ZETA) reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $34.21 and last traded at $34.0940, with a volume of 1006416 shares. The stock had previously closed at $32.63.

Key Headlines Impacting Zeta Global

Here are the key news stories impacting Zeta Global this week:

• Positive Sentiment: Digital Audience acquisition expands Zeta’s data platform. Zeta agreed to acquire Digital Audience, a deal intended to extend the Zeta Data Cloud across the digital ecosystem and broaden the company’s AI-driven audience, data and marketing capabilities. Reports indicated the announcement helped lift the stock in after-hours trading. Zeta Global to Acquire Digital Audience
• Positive Sentiment: Senso deal strengthens AI infrastructure. Zeta’s agreement to acquire Senso is expected to add AI engineering capabilities and connectivity with frontier models, supporting the company’s efforts to build intelligent AI infrastructure and improve AI-powered discovery offerings. Zeta Global to Acquire Senso
• Positive Sentiment: DA Davidson raised its outlook. The analyst increased Zeta’s price target from $36 to $38 and maintained a “buy” rating, citing potential for further appreciation. The revision may reinforce bullish momentum after the stock reached a new 52-week high. DA Davidson Forecasts Strong Price Appreciation for Zeta Global
• Neutral Sentiment: Management emphasized proprietary data usage. CEO David Steinberg said Zeta does not sell its data to other large language-model companies and instead uses the data to train its own models. This could differentiate Zeta’s AI platform, although it also keeps investor attention on data governance and privacy.
• Neutral Sentiment: New UK leadership announced. Zeta named a new UK president, supporting its international growth strategy, though reports noted that questions remain about the company’s elevated valuation. Zeta Global Names New UK President

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ZETA. Royal Bank Of Canada upped their price target on shares of Zeta Global from $31.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday. DA Davidson lifted their price objective on Zeta Global from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. B. Riley Financial restated a “buy” rating and set a $32.00 target price (up from $30.00) on shares of Zeta Global in a research report on Wednesday, August 5th. KeyCorp upped their target price on Zeta Global from $22.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group set a $28.00 price target on Zeta Global and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $32.08.

Zeta Global Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38. The stock has a market cap of $8.27 billion, a PE ratio of -1,647.05, a PEG ratio of 4.64 and a beta of 1.39. The company’s 50-day moving average price is $29.14 and its two-hundred day moving average price is $22.50.

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

Institutional Trading of Zeta Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. Versant Capital Management Inc raised its stake in shares of Zeta Global by 54.9% during the third quarter. Versant Capital Management Inc now owns 1,340 shares of the company’s stock worth $42,000 after acquiring an additional 475 shares in the last quarter. Polaris Financial Partners purchased a new stake in shares of Zeta Global in the 3rd quarter valued at $56,000. EverSource Wealth Advisors LLC grew its holdings in shares of Zeta Global by 204.1% during the 1st 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 last quarter. Cornerstone Planning Group LLC raised its position in Zeta Global by 66.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,167 shares of the company’s stock worth $34,000 after purchasing an additional 867 shares during the period. Finally, Essential Partners LLC raised its position in Zeta Global by 30.9% in the 1st quarter. Essential Partners LLC now owns 2,670 shares of the company’s stock worth $43,000 after purchasing an additional 630 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

About Zeta Global

Zeta Global is a technology company that provides data-driven marketing and customer-experience solutions to brands and agencies. Its platform helps organizations acquire, grow and retain customers by combining consumer data, artificial intelligence and marketing automation across digital channels.

The company’s offerings include the Zeta Marketing Platform, which supports audience discovery, campaign planning, activation, personalization and measurement. Zeta also provides data-management and analytics capabilities through its proprietary data assets, helping marketers develop customer insights and deliver coordinated campaigns across channels such as email, online advertising, connected television and other digital media.

Founded in 2007, Zeta Global serves enterprise marketers and agencies, primarily in the United States and other markets where digital advertising and customer-engagement services are in demand.