IZEA Worldwide, Inc. (NASDAQ:IZEA) has a beta value of 2.34 and has seen 1,671,635 shares traded in the recent trading session. The company, currently valued at $43.33 Million, closed the recent trade at $1.0954 per share which meant it lost $0 on the day or -0.42% during that session. The IZEA stock price is -185.74% off its 52-week high price of $3.13 and 93.61% above the 52-week low of $0.07. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.36 Million shares traded. The 3-month trading volume is 15.62 Million shares.
The consensus among analysts is that IZEA Worldwide, Inc. (IZEA) is an Overweight stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.05.
IZEA Worldwide, Inc. (NASDAQ:IZEA) trade information
Despite being -0.91% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Jun 25 when the IZEA stock price touched $1.39 or saw a rise of 20.94%. Year-to-date, IZEA Worldwide, Inc. shares have moved 364.5%, while the 5-day performance has seen it change -11.37%. Over the past 30 days, the shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) have changed 80.22%. Short interest in the company has seen 3.51 Million shares shorted with days to cover at 0.22.
Wall Street analysts have a consensus price target for the stock at $1.43, which means that the shares’ value could jump 30.55% from current levels. The projected low price target is $0.85 while the price target rests at a high of $2. In that case, then, we find that the current price level is +82.58% off the targeted high while a plunge would see the stock lose -22.4% from current levels.
IZEA Worldwide, Inc. (IZEA) estimates and forecasts
Figures show that IZEA Worldwide, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +358.33% over the past 6 months, with this year growth rate of -72.41%, compared to 3% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 44.4% and 25% for the next quarter. Revenue growth from the last financial year stood is estimated to be +2.9%.
2 analysts offering their estimates for the company have set an average revenue estimate of $3.83 Million for the current quarter. 2 have an estimated revenue figure of $4.82 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $3.92 Million for this quarter, and analysts expect sales will grow by -2.4% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -18% over the past 5 years. Earnings growth for 2020 is a modest +57.3% while over the next 5 years, the company’s earnings are expected to increase by 10%.