IZEA WORLDWIDE (NASDAQ:IZEA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of IZEA WORLDWIDE (NASDAQ:IZEA) to a buy rating in a research report report published on Saturday.

IZEA WORLDWIDE Trading Up 7.0%

NASDAQ IZEA opened at $3.97 on Friday. IZEA WORLDWIDE has a 12 month low of $1.68 and a 12 month high of $4.20. The stock has a market cap of $67.21 million, a price-to-earnings ratio of -4.27 and a beta of 1.15. The company’s 50 day moving average is $3.03 and its two-hundred day moving average is $2.54.

IZEA WORLDWIDE (NASDAQ:IZEA) last released its earnings results on Tuesday, May 13th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.16. IZEA WORLDWIDE had a negative net margin of 42.63% and a negative return on equity of 25.25%. The company had revenue of $7.97 million for the quarter, compared to analysts’ expectations of $9.00 million. Sell-side analysts forecast that IZEA WORLDWIDE will post -0.53 EPS for the current year.

Institutional Investors Weigh In On IZEA WORLDWIDE

An institutional investor recently raised its position in IZEA WORLDWIDE stock. Dimensional Fund Advisors LP grew its stake in shares of IZEA WORLDWIDE, INC. (NASDAQ:IZEA) by 24.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,111 shares of the company’s stock after buying an additional 8,547 shares during the period. Dimensional Fund Advisors LP owned 0.26% of IZEA WORLDWIDE worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 15.56% of the company’s stock.

IZEA WORLDWIDE Company Profile

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.