Zeta Global Holdings Corp. (NYSE:ZETA) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have received an average recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $37.43.

A number of equities analysts recently issued reports on ZETA shares. Barclays increased their price objective on Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research note on Thursday, December 19th. Craig Hallum increased their price target on Zeta Global from $37.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. KeyCorp lowered Zeta Global from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Finally, Oppenheimer increased their price target on Zeta Global from $33.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th.

Zeta Global Stock Down 7.7 %

NYSE:ZETA opened at $20.71 on Friday. The firm has a market capitalization of $4.92 billion, a PE ratio of -29.59, a price-to-earnings-growth ratio of 1.70 and a beta of 1.17. The stock has a 50 day moving average of $19.45 and a 200-day moving average of $23.88. Zeta Global has a 52 week low of $9.97 and a 52 week high of $38.20. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

Hedge Funds Weigh In On Zeta Global

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in Zeta Global by 3,885.7% during the third quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock worth $42,000 after buying an additional 1,360 shares during the last quarter. Optiver Holding B.V. grew its position in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after purchasing an additional 532 shares during the last quarter. Covestor Ltd grew its position in shares of Zeta Global by 2,902.0% in the third quarter. Covestor Ltd now owns 1,501 shares of the company’s stock valued at $45,000 after purchasing an additional 1,451 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in shares of Zeta Global in the fourth quarter valued at about $27,000. Finally, Coppell Advisory Solutions LLC grew its position in shares of Zeta Global by 244.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock valued at $31,000 after purchasing an additional 1,201 shares during the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

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.