Zeta Global Holdings Corp. (NYSE:ZETA) Receives $36.86 Consensus PT from Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen brokerages that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $36.86.

A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada cut their price target on shares of Zeta Global from $43.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. B. Riley restated a "buy" rating and issued a $44.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $28.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th.

Zeta Global Stock Performance

Shares of NYSE ZETA traded down $0.03 during midday trading on Wednesday, reaching $14.40. 3,379,645 shares of the company were exchanged, compared to its average volume of 4,877,179. The stock has a market cap of $3.42 billion, a P/E ratio of -20.56, a PEG ratio of 1.65 and a beta of 1.18. Zeta Global has a 1 year low of $10.30 and a 1 year high of $38.20. The stock has a fifty day simple moving average of $18.31 and a 200 day simple moving average of $22.70. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

Remove Ads

Institutional Investors Weigh In On Zeta Global

A number of institutional investors and hedge funds have recently bought and sold shares of ZETA. California State Teachers Retirement System raised its holdings in shares of Zeta Global by 16.6% in the fourth quarter. California State Teachers Retirement System now owns 179,383 shares of the company's stock worth $3,227,000 after acquiring an additional 25,556 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Zeta Global in the 4th quarter valued at about $212,000. Heck Capital Advisors LLC purchased a new position in Zeta Global in the 4th quarter valued at about $66,000. Mackenzie Financial Corp grew its holdings in shares of Zeta Global by 294.3% during the fourth quarter. Mackenzie Financial Corp now owns 170,552 shares of the company's stock worth $3,068,000 after buying an additional 127,301 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of Zeta Global during the fourth quarter worth about $3,384,000. Hedge funds and other institutional investors own 87.75% 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.