Roth Mkm Raises Zeta Global (NASDAQ:ZETA) Price Target to $33.00

Zeta Global (NASDAQ:ZETAFree Report) had its price target boosted by Roth Mkm from $21.00 to $33.00 in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Other analysts have also recently issued reports about the stock. B. Riley boosted their price objective on shares of Zeta Global from $15.50 to $18.50 and gave the stock a buy rating in a research note on Tuesday, May 7th. Barclays upped their price target on shares of Zeta Global from $15.00 to $18.00 and gave the company an overweight rating in a report on Tuesday, May 7th. Bank of America lifted their price objective on Zeta Global from $15.00 to $18.00 and gave the stock a buy rating in a research note on Tuesday, May 7th. TheStreet raised Zeta Global from a d+ rating to a c- rating in a report on Tuesday, January 30th. Finally, Morgan Stanley upped their price target on Zeta Global from $17.00 to $18.00 and gave the stock an overweight rating in a report on Tuesday, May 7th. Eleven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Buy and an average price target of $19.95.

View Our Latest Stock Report on Zeta Global

Zeta Global Stock Down 5.5 %

ZETA stock opened at $17.15 on Tuesday. The firm has a market cap of $3.75 billion, a PE ratio of -16.18 and a beta of 1.12. Zeta Global has a 1 year low of $7.24 and a 1 year high of $18.58. The company has a fifty day simple moving average of $12.98 and a 200 day simple moving average of $10.54. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.96.

Zeta Global (NASDAQ:ZETAGet Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.02. Zeta Global had a negative return on equity of 101.48% and a negative net margin of 22.20%. The company had revenue of $195.00 million during the quarter, compared to analysts’ expectations of $187.16 million. During the same quarter in the previous year, the firm earned ($0.38) earnings per share. The business’s quarterly revenue was up 23.7% compared to the same quarter last year. Sell-side analysts anticipate that Zeta Global will post -0.38 EPS for the current fiscal year.

Hedge Funds Weigh In On Zeta Global

A number of hedge funds have recently made changes to their positions in the business. Halpern Financial Inc. increased its stake in Zeta Global by 18.6% in the first quarter. Halpern Financial Inc. now owns 5,300 shares of the company’s stock valued at $56,000 after acquiring an additional 830 shares during the period. Optas LLC bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $88,000. Blue Trust Inc. raised its holdings in shares of Zeta Global by 22.8% in the 4th quarter. Blue Trust Inc. now owns 10,960 shares of the company’s stock worth $92,000 after buying an additional 2,037 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in Zeta Global in the 4th quarter valued at $100,000. Finally, SlateStone Wealth LLC bought a new stake in Zeta Global in the first quarter valued at $135,000. Institutional investors and hedge funds own 75.82% of the company’s stock.

About Zeta Global

(Get Free Report)

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.

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