Zeta Global Holdings Corp. (NYSE: ZETA) is 5.39% higher on its value in year-to-date trading and has touched a low of $4.09 and a high of $11.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZETA stock was last observed hovering at around $8.58 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $13.00 for the next 12 months. It is also 59.0% off the consensus price target high of $21.00 offered by 12 analysts, but current levels are 13.9% higher than the price target low of $10.00 for the same period.
Currently trading at $8.61, the stock is -1.00% and -10.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.35% at the moment leaves the stock 0.42% off its SMA200. ZETA registered 18.60% gain for a year compared to 6-month gain of 3.36%. The firm has a 50-day simple moving average (SMA 50) of $2.89 and a 200-day simple moving average (SMA200) of -$8.83.
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The stock witnessed a -11.69% loss in the last 1 month and extending the period to 3 months gives it a -19.53%, and is 4.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.43% over the week and 4.98% over the month.
Zeta Global Holdings Corp. (ZETA) has around 1604 employees, a market worth around $1.82B and $622.30M in sales. Fwd P/E is 18.48. Profit margin for the company is -42.40%. Distance from 52-week low is 110.51% and -23.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-82.50%).
Zeta Global Holdings Corp. (ZETA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Zeta Global Holdings Corp. (ZETA) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 1.80, where 3 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Zeta Global Holdings Corp. is expected to release its quarterly report on 08/08/2023.The EPS is expected to grow by 31.90% this year
Zeta Global Holdings Corp. (ZETA) Top Institutional Holders
The shares outstanding are 150.05M, and float is at 136.11M with Short Float at 6.69%.
Zeta Global Holdings Corp. (ZETA) Insider Activity
A total of 35 insider transactions have happened at Zeta Global Holdings Corp. (ZETA) in the last six months, with sales accounting for 31 and purchases happening 4 times. The most recent transaction is an insider sale by NIEHAUS ROBERT H, the company’s Director. SEC filings show that NIEHAUS ROBERT H sold 5,837 shares of the company’s common stock on Mar 08 at a price of $11.04 per share for a total of $64440.0. Following the sale, the insider now owns 15.25 million shares.
Zeta Global Holdings Corp. disclosed in a document filed with the SEC on Mar 07 that NIEHAUS ROBERT H (Director) sold a total of 7,911 shares of the company’s common stock. The trade occurred on Mar 07 and was made at $11.00 per share for $87021.0. Following the transaction, the insider now directly holds 15.25 million shares of the ZETA stock.
Still, SEC filings show that on Mar 06, NIEHAUS ROBERT H (Director) disposed off 29,283 shares at an average price of $11.02 for $0.32 million. The insider now directly holds 15,260,639 shares of Zeta Global Holdings Corp. (ZETA).
Zeta Global Holdings Corp. (ZETA): Who are the competitors?
The company’s main competitors (and peers) include Alphabet Inc. (GOOGL) that is trading 16.52% up over the past 12 months and Alphabet Inc. (GOOG) that is 17.39% higher over the same period. Amazon.com Inc. (AMZN) is 10.47% up on the 1-year trading charts.