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

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have received an average recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $37.43.

Several equities analysts have weighed in on ZETA shares. William Blair reissued an “outperform” rating on shares of Zeta Global in a research report on Thursday, December 19th. Canaccord Genuity Group raised their price objective on Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. DA Davidson raised their price objective on Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Oppenheimer raised their price objective on Zeta Global from $33.00 to $42.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group initiated coverage on Zeta Global in a report on Wednesday, December 11th. They set a “neutral” rating and a $30.00 price objective on the stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp lifted its stake in shares of Zeta Global by 294.3% in the fourth quarter. Mackenzie Financial Corp now owns 170,552 shares of the company’s stock worth $3,068,000 after acquiring an additional 127,301 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in Zeta Global during the fourth quarter valued at approximately $3,384,000. JT Stratford LLC acquired a new stake in Zeta Global during the fourth quarter valued at approximately $245,000. Two Sigma Advisers LP acquired a new stake in Zeta Global during the fourth quarter valued at approximately $32,571,000. Finally, Two Sigma Investments LP raised its stake in Zeta Global by 1,240.8% during the fourth quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company’s stock valued at $33,236,000 after buying an additional 1,709,654 shares in the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Performance

NYSE ZETA opened at $20.71 on Friday. Zeta Global has a 1-year low of $9.97 and a 1-year high of $38.20. The company has a market capitalization of $4.92 billion, a P/E ratio of -29.59, a PEG ratio of 1.70 and a beta of 1.17. The business has a 50 day moving average price of $19.45 and a 200 day moving average price of $23.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.