Zeta Global Holdings Corp. (NYSE:ZETA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have been assigned an average rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $30.36.

Several equities analysts have recently weighed in on ZETA shares. B. Riley reduced their price target on Zeta Global from $44.00 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Canaccord Genuity Group reduced their price target on Zeta Global from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Morgan Stanley reduced their price target on Zeta Global from $25.00 to $15.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. The Goldman Sachs Group reduced their target price on Zeta Global from $27.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, May 5th. Finally, Truist Financial reduced their target price on Zeta Global from $42.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th.

Zeta Global Stock Performance

NYSE:ZETA opened at $15.34 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 3.33. The business has a fifty day simple moving average of $13.39 and a two-hundred day simple moving average of $16.00. Zeta Global has a 1 year low of $10.69 and a 1 year high of $38.20. The company has a market capitalization of $3.61 billion, a P/E ratio of -52.89, a P/E/G ratio of 33.06 and a beta of 1.25.

Institutional Investors Weigh In On Zeta Global

A number of hedge funds and other institutional investors have recently modified their holdings of ZETA. Optiver Holding B.V. lifted its stake in shares of Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after acquiring an additional 532 shares during the last quarter. Rakuten Securities Inc. bought a new stake in shares of Zeta Global in the 4th quarter valued at about $27,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Zeta Global in the 1st quarter valued at about $27,000. Quarry LP lifted its stake in shares of Zeta Global by 963.9% in the 1st quarter. Quarry LP now owns 2,181 shares of the company’s stock valued at $30,000 after acquiring an additional 1,976 shares during the last quarter. Finally, Coppell Advisory Solutions LLC raised its position in Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock valued at $31,000 after purchasing an additional 1,201 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.