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

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $29.00.

A number of research firms recently commented on ZETA. Morgan Stanley upped their price target on shares of Zeta Global from $23.00 to $27.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. DA Davidson boosted their price objective on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. The Goldman Sachs Group upped their price objective on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Finally, Wall Street Zen cut Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th.

Zeta Global Stock Performance

NYSE:ZETA opened at $14.55 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.60. Zeta Global has a fifty-two week low of $10.69 and a fifty-two week high of $24.90. The firm has a market cap of $3.55 billion, a PE ratio of -96.96, a price-to-earnings-growth ratio of 1.71 and a beta of 1.28. The business has a 50 day moving average price of $17.71 and a 200-day moving average price of $18.86.

Institutional Investors Weigh In On Zeta Global

A number of large investors have recently made changes to their positions in the business. New York State Common Retirement Fund lifted its position in shares of Zeta Global by 235.8% in the 3rd quarter. New York State Common Retirement Fund now owns 684,303 shares of the company’s stock worth $13,597,000 after purchasing an additional 480,495 shares during the period. Stanley Laman Group Ltd. bought a new stake in shares of Zeta Global during the 3rd quarter valued at about $2,834,000. Stephens Investment Management Group LLC increased its position in shares of Zeta Global by 92.8% during the third quarter. Stephens Investment Management Group LLC now owns 1,802,642 shares of the company’s stock valued at $35,818,000 after buying an additional 867,540 shares during the period. Perkins Capital Management Inc. bought a new position in Zeta Global in the third quarter worth about $1,143,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Zeta Global by 314.1% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 134,977 shares of the company’s stock worth $2,682,000 after buying an additional 102,380 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.