Zeta Global Holdings Corp (NYSE: ZETA) is -14.74% 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 $15.45 in the last trading session, with the day’s loss setting it -0.58%.
Currently trading at $14.87, the stock is 4.40% and 7.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.18 million and changing -3.75% at the moment leaves the stock -23.02% off its SMA200. ZETA registered -17.34% loss for a year compared to 6-month loss of -17.34%. The firm has a 50-day simple moving average (SMA 50) of $13.7792 and a 200-day simple moving average (SMA200) of $19.31725.
The stock witnessed a 12.65% gain in the last 1 month and extending the period to 3 months gives it a 13.08%, and is -1.59% 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 5.30% over the week and 6.17% over the month.
Zeta Global Holdings Corp (ZETA) has around 2191 employees, a market worth around $3.50B and $1.08B in sales. Fwd P/E is 17.31. Profit margin for the company is -4.82%. Distance from 52-week low is 39.10% and -61.07% 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 186.31M with Short Float at 12.69%. 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.