Zeta Global Holdings Corp (NYSE: ZETA) is -14.87% lower on its value in year-to-date trading and has touched a low of $10.69 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 $14.0 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $14.14, the stock is -3.12% and 1.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.68 million and changing 1.00% at the moment leaves the stock -25.48% off its SMA200. ZETA registered -21.40% loss for a year compared to 6-month loss of -23.48%. The firm has a 50-day simple moving average (SMA 50) of $13.9332 and a 200-day simple moving average (SMA200) of $18.97485.
The stock witnessed a 10.04% gain in the last 1 month and extending the period to 3 months gives it a 20.75%, and is -4.91% down 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 4.85% over the week and 6.25% over the month.
Zeta Global Holdings Corp (ZETA) has around 2191 employees, a market worth around $3.33B and $1.08B in sales. Fwd P/E is 16.46. Profit margin for the company is -4.82%. Distance from 52-week low is 32.27% and -62.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.88%).
The EPS is expected to grow by 8.08% this year.
Zeta Global Holdings Corp (ZETA) Top Institutional Holders
419.0 institutions hold shares in Zeta Global Holdings Corp (ZETA), with institutional investors hold 83.74% of the company’s shares. The shares outstanding are 211.97M, and float is at 186.29M with Short Float at 13.60%. Institutions hold 76.78% 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 10.697% 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
#####
