Zeta Global Holdings Corp (NYSE: ZETA) is -33.41% lower on its value in year-to-date trading and has touched a low of $10.93 and a high of $38.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZETA stock was last observed hovering at around $11.91 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $11.98, the stock is -11.04% and -27.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 0.59% at the moment leaves the stock -44.92% off its SMA200. ZETA registered 0.17% gain for a year compared to 6-month loss of -62.17%. The firm has a 50-day simple moving average (SMA 50) of $16.5062 and a 200-day simple moving average (SMA200) of $21.7505.
The stock witnessed a -17.21% gain in the last 1 month and extending the period to 3 months gives it a -30.35%, and is 3.01% 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 8.98% over the week and 7.45% over the month.
Zeta Global Holdings Corp (ZETA) has around 2191 employees, a market worth around $2.85B and $1.01B in sales. Fwd P/E is 12.63. Profit margin for the company is -6.94%. Distance from 52-week low is 9.61% and -68.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.99%).
with sales reaching $254.19M over the same period.The EPS is expected to grow by 29.53% this year, but quarterly earnings will post 22.83% year-over-year. Quarterly sales are estimated to grow 30.39% in year-over-year returns.
Zeta Global Holdings Corp (ZETA) Top Institutional Holders
417.0 institutions hold shares in Zeta Global Holdings Corp (ZETA), with institutional investors hold 79.41% of the company’s shares. The shares outstanding are 213.18M, and float is at 184.36M with Short Float at 11.71%. Institutions hold 71.47% 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 8.0038 of the shares outstanding. The other top investors are GPI CAPITAL, L.P. which holds 10.24 million shares representing 5.7553% and valued at over $180.68 million, while GRANAHAN INVESTMENT MANAGEMENT, LLC holds 3.2054 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).
