Zeta Global Holdings Corp. (NYSE:ZETA) saw an upside of 1.65% to close Tuesday at $7.40 after adding $0.12 on the day. The 5-day average trading volume is 1,048,920 shares of the company’s common stock. It has gained $8.10 in the past week and touched a new high 1 time within the past 5 days. An average of 1,135,460 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 990,986.
ZETA’s 1-month performance is -14.84% or -$1.53 on its low of $7.24 reached on 08/21/23. The company’s shares have touched a 52-week low of $5.78 and high of $11.28, with the stock’s rally to the 52-week high happening on 02/27/23. YTD, ZETA has lost -9.42% or -$0.77 and has reached a new high 18 times. However, the current price is down -34.40% from the 52-week high price.
Insider Transactions
ZETA stock investors last saw insider trading activity on Mar 08.NIEHAUS ROBERT H (Director) most recently sold 5,837 shares at $11.04 per share on Mar 08. This transaction cost the insider $64,440. Director, NIEHAUS ROBERT H, sold 7,911 shares at a price of $11.00 on Mar 07. Then, on Mar 06, Director NIEHAUS ROBERT H sold 29,283 shares at a price of $11.02 per share. This transaction amounted to $322,699.
Valuation Metrics
ZETA stock has a beta of 1.38. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.35 while the price-to-book (PB) in the most recent quarter is 8.31, with the price to cash flow ratio at 55.00.
Zeta Global Holdings Corp.’s quick ratio for the period ended June 29 was 1.70, with the current ratio over the same period at 1.70. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.34, while the total debt to equity was 1.34.. In terms of profitability, the gross margin trailing 12 months is 63.50%. The trailing 12-month EBITDA margin is -35.00% while for the period ending June 29, Zeta Global Holdings Corp.’s operating margin was -32.40%. The firm’s gross profit as reported stood at $375.5 million against revenue of $590.96 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -64.9% to -$52.16 million, while revenue of -$56.96 million was -9.2% off the previous quarter. Analysts expected ZETA to announce $0.06 per share in earnings in its latest quarter, but it posted $0.05, representing a -16.70% surprise. EBITDA for the quarter stood at more than -$33.62 million. ZETA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 353.86 million, with total debt at $192.9 million. Shareholders hold equity totaling $214.17 million.
Let’s look briefly at Zeta Global Holdings Corp. (ZETA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 34.73% to suggest the stock is trending Neutral, with historical volatility in this time period at 45.60%.
The stock’s 5-day moving average is $7.51, reflecting a -8.53% or -$0.69 change from its current price. ZETA is currently trading -16.38% above its 20-day SMA, -29.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -17.04% and SMA200 by-8.19%.
Stochastic %K and %D was 7.24% and 6.03% and the average true range (ATR) pointed at 0.42. The RSI (14) points at 37.41%, while the 14-day stochastic is at 6.37% with the period’s ATR at 0.42. The stock’s 9-day MACD Oscillator is pointing at -0.31 and -0.64 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Zeta Global Holdings Corp. (NYSE: ZETA), B. Riley Securities launched coverage with a Buy rating. Analysts offering their rating for ZETA stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ZETA as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 8 have offered a “buy” rating.
What is ZETA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.00 and a high of $21.00, with their median price target at $13.50. Looking at these predictions, the average price target given by analysts is for Zeta Global Holdings Corp. (ZETA) stock is $13.70.
