Zeta Global Holdings Corp. (NYSE:ZETA) finished Friday with an addition of $0.11 to close at $8.17, an upside of 1.36 percent. An average of 1,103,860 shares of common stock have been traded in the last five days. There was a fall of -$1.16 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 1,028,765 shares traded, while the 50-day average volume stands at 975,338.
ZETA stock has decreased by -8.61% in the last month. The company shares reached their 1-month lowest point of $7.68 on 08/08/23. With the stock rallying to its 52-week high on 02/27/23, shares of the company touched a low of $5.78 and a high of $11.28 in 52 weeks. In spite of this, the price is down -27.57% from the 52-week high.
Insider Transactions
ZETA stock investors should be aware that Zeta Global Holdings Corp. (ZETA) stock had its last reported insider trading activity 157 days ago on Mar 08. In this transaction, the insider spent $64,440. Director, NIEHAUS ROBERT H, disposed of 7,911 shares at a price of $11.00 on Mar 07. The insider now owns more than $87,021 worth of shares. Prior to that, Director NIEHAUS ROBERT H went on to Sale 29,283 shares at $11.02 each on Mar 06. An amount of $322,699 was transacted.
Valuation Metrics
Zeta Global Holdings Corp. (ZETA) stock’s beta is 1.32. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.69, the price-to-book (PB) ratio at 9.18, and the price-to-cash flow ratio at 62.85.
Financial Health
The quick ratio of Zeta Global Holdings Corp. for the three months ended June 29 was 1.70, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.34 and a total debt to equity ratio of 1.34 for the quarter ending June 29. Zeta Global Holdings Corp.’s EBITDA margin for the year ending June 29 is -35.00%, while its operating margin for the same period stands at -32.40%. Its gross profit as reported stood at $375.5 million compared to revenue of $590.96 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Zeta Global Holdings Corp.’s return on assets was -49.30%.
Earnings Surprise
For the three-month period that ended June 29, Zeta Global Holdings Corp. had $183.94 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$52.16 million in the quarter, while revenues of -$56.96 million were shrunk -64.9%. The analyst consensus anticipated Zeta Global Holdings Corp.’s latest quarter earnings to come in at $0.06 per share, but it turned out to be $0.05, a -16.70% surprise. For the quarter, EBITDA amounted to -$33.62 million. Shareholders own equity worth $214.17 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Zeta Global Holdings Corp. (ZETA) price momentum. RSI 9-day as of the close on 11 August was 41.28%, suggesting the stock is Neutral, with historical volatility in this time frame at 97.19%.
As of today, ZETA’s price is $8.17 -12.43% or -$1.16 from its 5-day moving average. ZETA is currently trading -11.20% lower than its 20-day SMA and -14.36% lower than its 100-day SMA. However, the stock’s current price level is -9.42% below the SMA50 and +6.94% above the SMA200.
The stochastic %K and %D were 17.91% and 19.34%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 23.86% and the average true range at 0.46, the RSI (14) stands at 43.18%. The stock has reached -0.51 on the 9-day MACD Oscillator while the 14-day reading was at -0.63.
Analyst Ratings
B. Riley Securities launched coverage on Zeta Global Holdings Corp. (NYSE: ZETA) in its analyst report released on December 09, 2022. The firm assigned the stock a Buy rating. The consensus rating for Zeta Global Holdings Corp. (ZETA) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ZETA, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.
What is ZETA’s price target for the next 12 months?
Analysts predict a range of price targets between $10.00 and $21.00, with a median target of $13.50. Taking a look at these predictions, the average price target given by analysts for Zeta Global Holdings Corp. (ZETA) stock is $13.70.
