Zeta Global Holdings Corp (NYSE: ZETA) has seen a rise in its stock price by 1.40 in relation to its previous close of 12.82. However, the company has experienced a 2.85% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-29 that Zeta (ZETA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Zeta Global Holdings Corp (NYSE: ZETA) Right Now?
Additionally, the 36-month beta value for ZETA is 1.12. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for ZETA is 158.63M and currently, short sellers hold a 5.70% ratio of that float. The average trading volume of ZETA on May 07, 2024 was 1.56M shares.
ZETA’s Market Performance
The stock of Zeta Global Holdings Corp (ZETA) has seen a 2.85% increase in the past week, with a 6.30% rise in the past month, and a 34.85% gain in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are at 3.26% for ZETA. The simple moving average for the last 20 days is 6.91% for ZETA stock, with a simple moving average of 40.38% for the last 200 days.
Analysts’ Opinion of ZETA
Many brokerage firms have already submitted their reports for ZETA stocks, with Morgan Stanley repeating the rating for ZETA by listing it as a “Overweight.” The predicted price for ZETA in the upcoming period, according to Morgan Stanley is $17 based on the research report published on April 04, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see ZETA reach a price target of $15. The rating they have provided for ZETA stocks is “Buy” according to the report published on April 03rd, 2024.
B. Riley Securities gave a rating of “Buy” to ZETA, setting the target price at $13 in the report published on December 09th of the previous year.
ZETA Trading at 15.42% from the 50-Day Moving Average
After a stumble in the market that brought ZETA to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.08% of gains for the given period.
Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +7.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.21% upper at present.
During the last 5 trading sessions, ZETA rose by +2.85%, which changed the moving average for the period of 200-days by +44.93% in comparison to the 20-day moving average, which settled at $12.21. In addition, Zeta Global Holdings Corp saw 47.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZETA starting from Ravella Satish, who sale 5,723 shares at the price of $8.54 back on Dec 15 ’23. After this action, Ravella Satish now owns 166,311 shares of Zeta Global Holdings Corp, valued at $48,874 using the latest closing price.
Ravella Satish, the Senior Vice President, Finance of Zeta Global Holdings Corp, sale 5,000 shares at $9.00 during a trade that took place back on Oct 17 ’23, which means that Ravella Satish is holding 225,141 shares at $45,005 based on the most recent closing price.
Stock Fundamentals for ZETA
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.59 for the gross margin
The net margin for Zeta Global Holdings Corp stands at -0.22. The total capital return value is set at -0.39. Equity return is now at value -121.52, with -35.89 for asset returns.
Based on Zeta Global Holdings Corp (ZETA), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is -13.59.
Currently, EBITDA for the company is -113.49 million with net debt to EBITDA at -0.42. When we switch over and look at the enterprise to sales, we see a ratio of 3.76. The receivables turnover for the company is 4.77for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
In conclusion, Zeta Global Holdings Corp (ZETA) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
