William Blair Reiterates Outperform Rating for Zeta Global (NYSE:ZETA)

Zeta Global (NYSE:ZETA)‘s stock had its “outperform” rating reaffirmed by analysts at William Blair in a report issued on Wednesday,RTT News reports.

ZETA has been the topic of a number of other research reports. KeyCorp lowered shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Morgan Stanley increased their price objective on shares of Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $43.00 target price on shares of Zeta Global in a research report on Wednesday. DA Davidson raised their price target on shares of Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Finally, Oppenheimer boosted 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. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $37.07.

Zeta Global Stock Performance

Shares of Zeta Global stock opened at $16.65 on Wednesday. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global has a 1-year low of $9.97 and a 1-year high of $38.20. The company has a market cap of $3.95 billion, a PE ratio of -23.78, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17. The company has a 50 day moving average of $19.38 and a 200-day moving average of $23.77.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ZETA. Optiver Holding B.V. raised its stake in shares of Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after purchasing an additional 532 shares during the period. Summit Investment Advisors Inc. increased its holdings in Zeta Global by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company’s stock worth $336,000 after buying an additional 592 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in Zeta Global by 4.7% during the fourth quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company’s stock worth $254,000 after buying an additional 636 shares during the last quarter. HighTower Advisors LLC raised its position in Zeta Global by 4.2% in the third quarter. HighTower Advisors LLC now owns 22,383 shares of the company’s stock worth $668,000 after acquiring an additional 892 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in Zeta Global by 1.6% in the fourth quarter. D.A. Davidson & CO. now owns 64,223 shares of the company’s stock valued at $1,155,000 after acquiring an additional 987 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

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.