As of Friday close, Zeta Global Holdings Corp.’s (NYSE:ZETA) stock was up $0.19, moving up 2.54 percent to $7.68. The average number of shares traded per day over the past five days has been 629,260 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.49 fall in that time frame. In the last twenty days, the average volume was 1,011,705, while in the previous 50 days, it was 953,090.
Since last month, ZETA stock retreated -14.38%. Shares of the company fell to $7.35 on 08/18/23, the lowest level in the past month. A 52-week high of $11.28 was reached on 02/27/23 after having rallying from a 52-week low of $5.78. Since the beginning of this year, ZETA’s stock price has dropped by -6.00% or -$0.49, and marked a new high 18 times. However, the stock has declined by -31.91% since its 52-week high.
ZETA stock investors should be aware that Zeta Global Holdings Corp. (ZETA) stock had its last reported insider trading activity 164 days ago on Mar 08. NIEHAUS ROBERT H, the Director of the company, disposed of 5,837 shares for $11.04 on Mar 08. It resulted in a $64,440 divestment by the insider. NIEHAUS ROBERT H sold 7,911 shares at an average price of $11.00 on Mar 07. The insider now owns 15,252,728 shares following the transaction. On Mar 06, Director NIEHAUS ROBERT H sold 29,283 shares at $11.02 apiece. The transaction was valued at $322,699.
Valuation Metrics
The stock’s beta is 1.37. Besides these, the trailing price-to-sales (P/S) ratio of 2.47, the price-to-book (PB) ratio of 8.63, and the price-to-cash flow ratio of 57.75 may also be considered.
Financial Health
In the three months ended June 29, Zeta Global Holdings Corp.’s quick ratio stood at 1.70, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.34, and the total debt-to-equity ratio was 1.34. On the profitability front, the trailing twelve-month gross margin is 63.50% percent. In the year ended June 29, EBITDA margin amounted to -35.00%, whereas operating margins totaled -32.40%. Based on annual data, ZETA earned $375.5 million in gross profit and brought in $590.96 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -82.50%. Return on equity (ROE) for the past 12 months was -182.60%.
In Zeta Global Holdings Corp.’s quarter-end financial report for June 29, it reported total debt of $183.94 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ZETA’s revenue rose 20.09% to $157.6 million during the quarter, while net income inched up to $171.82 million. While analysts expected Zeta Global Holdings Corp. to report $0.06 quarterly earnings, the actual figure was $0.05 per share, beating the consensus estimate by -16.70%. During the quarter, the company generated -$33.62 million in EBITDA. The liabilities of Zeta Global Holdings Corp. were 353.86 million at the end of its most recent quarter ended June 29, and its total debt was $192.9 million. The value of shareholders’ equity is $214.17 million.
Technical Picture
This quick technical analysis looks at Zeta Global Holdings Corp.’s (ZETA) price momentum. With a historical volatility rate of 41.85%, the RSI 9-day stood at 37.13% on 18 August.
With respect to its five-day moving average, the current Zeta Global Holdings Corp. price is down by -6.00% percent or -$0.49. At present, ZETA shares trade -14.00% below its 20-day simple moving average and -25.94% percent below its 100-day simple moving average. However, the stock is currently trading approximately -13.61% below its SMA50 and -7.91% below its SMA200.
Stochastic coefficient K was 5.53% and Stochastic coefficient D was 8.53%, while ATR was 0.42. Given the Stochastic reading of 13.75% for the 14-day period, the RSI (14) reading has been calculated as 39.46%. As of today, the MACD Oscillator reading stands at -0.30, while the 14-day reading stands at -0.65.
Analyst Ratings
B. Riley Securities launched its rating on Zeta Global Holdings Corp. (NYSE: ZETA) to a Buy in a note to investors on December 09, 2022. Zeta Global Holdings Corp. (ZETA) has been rated Overweight by analysts. According to 0 brokerage firms, ZETA is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Zeta Global Holdings Corp. stock as buy, with 8 recommending it as overweight.
With a median target price of $13.50, the current consensus forecast for the stock is $10.00 – $21.00. Based on these forecasts, analysts predict Zeta Global Holdings Corp. (ZETA) will achieve an average price target of $13.70.
