Zeta Global Holdings Corp. ( NYSE:ZETA – Get Free Report ) gapped up prior to trading on Thursday after Barclays raised their price target on the stock from $28.00 to $32.
00. The stock had previously closed at $17.76, but opened at $19.
12. Barclays currently has an equal weight rating on the stock. Zeta Global shares last traded at $16.
88, with a volume of 7,662,523 shares trading hands. Several other brokerages also recently weighed in on ZETA. Canaccord Genuity Group lifted their target price on shares of Zeta Global from $35.
00 to $42.00 and gave the company a “buy” rating in a report on Tuesday. Oppenheimer lifted their target price on shares of Zeta Global from $33.
00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday. Needham & Company LLC lifted their target price on shares of Zeta Global from $36.
00 to $43.00 and gave the company a “buy” rating in a report on Tuesday. Bank of America lifted their target price on shares of Zeta Global from $30.
00 to $36.00 and gave the company a “buy” rating in a report on Thursday, September 26th. Finally, KeyCorp initiated coverage on shares of Zeta Global in a report on Tuesday, October 22nd.
They issued an “overweight” rating and a $40.00 target price on the stock. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock.
Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $40.23. Check Out Our Latest Report on ZETA Hedge Funds Weigh In On Zeta Global Zeta Global Stock Performance The company has a quick ratio of 1.
98, a current ratio of 1.98 and a debt-to-equity ratio of 0.85.
The company has a market cap of $3.82 billion, a PE ratio of -24.84 and a beta of 1.
29. The stock’s 50 day simple moving average is $28.72 and its two-hundred day simple moving average is $22.
44. Zeta Global ( NYSE:ZETA – Get Free Report ) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.
09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.26).
The company had revenue of $268.30 million for the quarter, compared to analysts’ expectations of $252.68 million.
Zeta Global had a negative return on equity of 61.25% and a negative net margin of 13.35%.
The business’s revenue for the quarter was up 42.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.
27) EPS. As a group, research analysts anticipate that Zeta Global Holdings Corp. will post -0.
45 earnings per share for the current year. About Zeta Global ( 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. Featured Stories Five stocks we like better than Zeta Global Insider Selling Explained: Can it Inform Your Investing Choices? 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick How to Evaluate a Stock Before Buying Mouse Rising: The Iger Investment Pays Off for Disney Investors Golden Cross Stocks: Pattern, Examples and Charts Can CAVA Stock Be the Next Chipotle? Earnings Can Help Receive News & Ratings for Zeta Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zeta Global and related companies with MarketBeat.com's FREE daily email newsletter .
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Zeta Global (NYSE:ZETA) Shares Gap Up Following Analyst Upgrade
Zeta Global Holdings Corp. (NYSE:ZETA – Get Free Report) gapped up prior to trading on Thursday after Barclays raised their price target on the stock from $28.00 to $32.00. The stock had previously closed at $17.76, but opened at $19.12. Barclays currently has an equal weight rating on the stock. Zeta Global shares last traded [...]