1 week Ago By ABMN Staff
Zeta Global Holdings Corp. ( NASDAQ:ZETA – Get Free Report )’s stock price traded down 6.8% on Friday .
The stock traded as low as $24.98 and last traded at $25.02.
3,079,530 shares were traded during trading, an increase of 34% from the average session volume of 2,292,542 shares. The stock had previously closed at $26.85.
Analysts Set New Price Targets ZETA has been the topic of a number of research analyst reports. Bank of America raised their target price on Zeta Global from $18.00 to $20.
00 and gave the company a “buy” rating in a report on Monday, June 24th. Canaccord Genuity Group raised their price objective on shares of Zeta Global from $28.00 to $30.
00 and gave the stock a “buy” rating in a research note on Friday. B. Riley reiterated a “buy” rating and set a $30.
00 target price (up from $24.00) on shares of Zeta Global in a research note on Thursday, August 1st. Needham & Company LLC restated a “buy” rating and issued a $28.
00 price target on shares of Zeta Global in a research report on Wednesday, August 21st. Finally, Morgan Stanley downgraded shares of Zeta Global from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $18.00 to $30.
00 in a report on Thursday, August 1st. One investment 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 company’s stock. According to data from MarketBeat.
com, the stock currently has an average rating of “Buy” and an average target price of $28.42. Check Out Our Latest Stock Analysis on ZETA Zeta Global Stock Performance Zeta Global ( NASDAQ:ZETA – Get Free Report ) last released its quarterly earnings data on Wednesday, July 31st.
The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.
26). Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.
76%. The company had revenue of $227.80 million for the quarter, compared to analyst estimates of $212.
44 million. During the same quarter in the prior year, the company earned ($0.32) earnings per share.
The business’s revenue was up 32.6% compared to the same quarter last year. As a group, analysts anticipate that Zeta Global Holdings Corp.
will post -0.43 earnings per share for the current fiscal year. Institutional Trading of Zeta Global Large investors have recently added to or reduced their stakes in the company.
Quest Partners LLC boosted its stake in Zeta Global by 1,718.9% in the second 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. grew its holdings in Zeta Global by 18.6% during the 1st quarter.
Halpern Financial Inc. now owns 5,300 shares of the company’s stock worth $56,000 after acquiring an additional 830 shares during the last quarter. Point72 Hong Kong Ltd acquired a new stake in Zeta Global in the 2nd quarter valued at about $99,000.
Amalgamated Bank raised its stake in shares of Zeta Global by 20.0% in the second quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after acquiring an additional 948 shares during the last quarter.
Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Zeta Global during the second quarter worth approximately $105,000. 75.82% of the stock is owned by institutional investors.
Zeta Global Company Profile ( Get Free Report ) 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.
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