Zeta Global Holdings Corp (NYSE: ZETA) is 4.95% higher on its value in year-to-date trading and has touched a low of $9.35 and a high of $38.20 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 $19.02 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $18.88, the stock is 2.77% and -11.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.0 million and changing -0.74% at the moment leaves the stock -10.96% off its SMA200. ZETA registered 93.44% gain for a year compared to 6-month loss of -10.27%. The firm has a 50-day simple moving average (SMA 50) of $21.5208 and a 200-day simple moving average (SMA200) of $21.16925.
The stock witnessed a -2.38% gain in the last 1 month and extending the period to 3 months gives it a -32.33%, and is 9.77% 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 4.66% over the week and 5.63% over the month.
Zeta Global Holdings Corp (ZETA) has around 1783 employees, a market worth around $4.48B and $901.40M in sales. Fwd P/E is 24.46. Profit margin for the company is -13.34%. Distance from 52-week low is 101.93% and -50.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.93%).
with sales reaching $294.93M over the same period.The EPS is expected to grow by 148.91% this year, but quarterly earnings will post 35.31% year-over-year. Quarterly sales are estimated to grow 40.23% in year-over-year returns.
400.0 institutions hold shares in Zeta Global Holdings Corp (ZETA), with institutional investors hold 82.62% of the company’s shares. The shares outstanding are 205.64M, and float is at 187.45M with Short Float at 9.37%. Institutions hold 75.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.03 million shares valued at $335.82 million. The investor’s holdings represent 11.1115 of the ZETA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.24 million shares valued at $251.27 million to account for 8.3139 of the shares outstanding. The other top investors are GPI CAPITAL, L.P. which holds 10.24 million shares representing 5.9784 and valued at over $180.68 million, while GRANAHAN INVESTMENT MANAGEMENT, LLC holds 3.3296 of the shares totaling 5.7 million with a market value of $100.63 million.
Zeta Global Holdings Corp (ZETA) Insider Activity
Still, SEC filings show that on Jan 16 ’25, Family Trust No. C5 DTD 5/27/2 (Stockholder) Proposed Sale 267,242 shares at an average price of $17.33 for $4.63 million. The insider now directly holds shares of Zeta Global Holdings Corp (ZETA).
