The stock of Zeta Global Holdings Corp (NYSE: ZETA) has decreased by -7.00 when compared to last closing price of 30.00.Despite this, the company has seen a loss of -11.90% in its stock price over the last five trading days. businesswire.com reported 2024-10-10 that NEW YORK–(BUSINESS WIRE)–Zeta (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced the planned release of its third quarter 2024 financial results after the market close on Monday, November 11, 2024. Co-Founder, Chairman, and CEO David A. Steinberg and CFO Chris Greiner will host a conference call later that day, at 4:30 p.m. Eastern Time. A live webcast and replay of the conference call will be accessible on Zeta’s Investor Relations website at http://investors.zetaglobal.com. The c.
Is It Worth Investing in Zeta Global Holdings Corp (NYSE: ZETA) Right Now?
ZETA has 36-month beta value of 1.27. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for ZETA is 186.36M, and currently, short sellers hold a 4.88% ratio of that float. The average trading volume of ZETA on October 21, 2024 was 3.44M shares.
ZETA’s Market Performance
ZETA stock saw a decrease of -11.90% in the past week, with a monthly decline of -1.76% and a quarterly a decrease of 32.60%. The volatility ratio for the week is 4.94%, and the volatility levels for the last 30 days are 4.74% for Zeta Global Holdings Corp (ZETA). The simple moving average for the last 20 days is -8.40% for ZETA’s stock, with a simple moving average of 61.60% for the last 200 days.
Analysts’ Opinion of ZETA
Many brokerage firms have already submitted their reports for ZETA stocks, with Barclays repeating the rating for ZETA by listing it as a “Equal Weight.” The predicted price for ZETA in the upcoming period, according to Barclays is $28 based on the research report published on October 18, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see ZETA reach a price target of $30, previously predicting the price at $18. The rating they have provided for ZETA stocks is “Equal-Weight” according to the report published on August 01st, 2024.
Truist gave a rating of “Buy” to ZETA, setting the target price at $23 in the report published on July 15th of the current year.
ZETA Trading at 1.46% 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 unable to rebound, for now settling with -18.28% of loss for the given period.
Volatility was left at 4.74%, however, over the last 30 days, the volatility rate increased by 4.94%, as shares sank -3.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.57% upper at present.
During the last 5 trading sessions, ZETA fell by -11.90%, which changed the moving average for the period of 200-days by +250.94% in comparison to the 20-day moving average, which settled at $30.46. In addition, Zeta Global Holdings Corp saw 216.33% 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 Family Trust No. S4, who proposed sale 294,142 shares at the price of $32.15 back on Oct 14 ’24. After this action, Family Trust No. S4 now owns shares of Zeta Global Holdings Corp, valued at $9,456,665 using the latest closing price.
Southbeach Trust R6, the Stockholder of Zeta Global Holdings Corp, proposed sale 46,837 shares at $31.67 during a trade that took place back on Oct 11 ’24, which means that Southbeach Trust R6 is holding shares at $1,483,327 based on the most recent closing price.
Stock Fundamentals for ZETA
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.55 for the gross margin
The net margin for Zeta Global Holdings Corp stands at -0.18. The total capital return value is set at -0.32. Equity return is now at value -82.39, with -27.16 for asset returns.
Based on Zeta Global Holdings Corp (ZETA), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.85. The interest coverage ratio of the stock is -12.09.
Currently, EBITDA for the company is -113.49 million with net debt to EBITDA at -0.37. When we switch over and look at the enterprise to sales, we see a ratio of 7.85. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 1.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.
Conclusion
To put it simply, Zeta Global Holdings Corp (ZETA) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
