The stock of Zeta Global Holdings Corp. (NYSE:ZETA) increased by $0.1 on Friday to finish at $7.74, up 1.31 percent. The last five days have seen an average of 1,433,240 shares of common stock traded. 18 times new highs were reached in the current year, with a fall of -$0.43. The average number of shares traded over the last 20 days was 1,231,270, while the average volume over the last 50 days totaled 1,021,410.
ZETA stock dropped -11.95% since last month. On 08/21/23, the company’s shares reached a one-month low of $7.24. The stock touched a high of $11.28 on 02/27/23, after rallying from a low of $5.78 in 52 weeks. The price of ZETA stock has declined by -5.26% or -$0.43 this year, reaching a new high 18 times. Still, the stock price is down -31.38% 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 173 days ago on Mar 08. On Mar 08, Director NIEHAUS ROBERT H sold 5,837 shares at $11.04 each. This transaction resulted in the insider making $64,440. On Mar 07, NIEHAUS ROBERT H sold 7,911 shares at a price of US$11.00. After the transaction, the insider now owns 15,252,728 shares. Director NIEHAUS ROBERT H had earlier sold 29,283 shares on Mar 06 for $11.02 a share. The transaction was completed for $322,699.
Valuation Metrics
Beta for the stock is 1.36. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.49, the price-to-book (PB) ratio of 8.70, and the price-to-cash flow ratio of 58.23.
Financial Health
For the three months ended June 29, Zeta Global Holdings Corp.’s quick ratio was 1.70, while its current ratio was 1.70, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.34, and the total debt to equity ratio is 1.34. As far as profitability goes, gross margin for the trailing twelve months is 63.50% percent. Zeta Global Holdings Corp.’s EBITDA margin for the year ended June 29 was -35.00%, whereas its operating margin stood at -32.40% for the same period. Based on annual data, it had gross profit of $375.5 million and revenue of $590.96 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ZETA’s return on assets (ROA) during the last 12 months has been -49.30%. There was a -82.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -182.60%.
Earnings Surprise
According to Zeta Global Holdings Corp.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $171.82 million, while revenues rose by 20.09% to $157.6 million. It was predicted that Zeta Global Holdings Corp.’s quarterly earnings would be $0.05, but it ended up being $0.06, beating the consensus by -16.70%. EBITDA was -$33.62 million for the quarter. At the end of Zeta Global Holdings Corp.’s most recent quarter ended June 29, its liabilities totaled 353.86 million, while its total debt was $192.9 million. Equity owned by shareholders amounts to $214.17 million.
Technical Picture
Here’s a quick look at Zeta Global Holdings Corp.’s (ZETA) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 44.66%, suggesting the stock is Neutral, with a 50.84% historical volatility rate.
The stochastic %K and %D were 27.22% and 17.12% respectively, while the average true range (ATR) was 0.38. Based on the 14-day stochastic reading of 43.48%, the RSI (14) reading is 43.68%. On the 9-day MACD Oscillator, the stock is at 0.06, and the 14-day reading is at -0.09.
Analyst Ratings
In its analyst report released on December 09, 2022, B. Riley Securities began covering Zeta Global Holdings Corp. (NYSE: ZETA). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Zeta Global Holdings Corp. (ZETA) an Overweight rating. ZETA is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 8 others recommend it as a buy.
What is ZETA’s price target for the next 12 months?
The current consensus forecast for the stock is between $10.00 and $21.00, with a median target price of $13.50. In analyzing these forecasts, the average price target given by analysts for Zeta Global Holdings Corp. (ZETA) is $13.70.
