The Zeta Global Holdings Corp (NYSE: ZETA) Stock Jumped 12.27% In A Single Month – Are There Any Hopes For A Gain?

During the recent session, Zeta Global Holdings Corp (NYSE:ZETA)’s traded shares were 2.74 million, with the beta value of the company hitting 1.27. At the last check today, the stock’s price was $30.28, reflecting an intraday loss of -3.26% or -$1.02. The 52-week high for the ZETA share is $34.14, that puts it down -12.75 from that peak though still a striking 75.63% gain since the share price plummeted to a 52-week low of $7.38. The company’s market capitalization is $6.97B, and the average intraday trading volume over the past 10 days was 2.94 million shares, and the average trade volume was 3.44 million shares over the past three months.

Zeta Global Holdings Corp (ZETA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.36. ZETA has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.17.

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Zeta Global Holdings Corp (NYSE:ZETA) trade information

Zeta Global Holdings Corp (ZETA) registered a -3.26% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.26% in intraday trading to $30.28, hitting a weekly high. The stock’s 5-day price performance is -2.45%, and it has moved by 12.27% in 30 days. Based on these gigs, the overall price performance for the year is 246.06%. The short interest in Zeta Global Holdings Corp (NYSE:ZETA) is 9.09 million shares and it means that shorts have 2.41 day(s) to cover.

The consensus price target of analysts on Wall Street is $29, which implies a decrease of -4.41% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17 and $44 respectively. As a result, ZETA is trading at a discount of -45.31% off the target high and 43.86% off the low.

Zeta Global Holdings Corp (ZETA) estimates and forecasts

Statistics show that Zeta Global Holdings Corp has outperformed its competitors in share price, compared to the industry in which it operates. Zeta Global Holdings Corp (ZETA) shares have gone up 153.18% during the last six months, with a year-to-date growth rate more than the industry average at 62.86% against 17.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 88.90% this quarter and then jump 31.20% in the quarter after that. In the rating firms’ projections, revenue will increase 29.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 251.15M as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 266.63M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 188.98M and 210.32M respectively. In this case, analysts expect current quarter sales to grow by 32.90% and then jump by 26.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -42.41%. While earnings are projected to return 65.09% in 2024, the next five years will return 35.00% per annum.

ZETA Dividends

Zeta Global Holdings Corp is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Zeta Global Holdings Corp (NYSE:ZETA)’s Major holders

Zeta Global Holdings Corp insiders own 4.50% of total outstanding shares while institutional holders control 72.37%, with the float percentage being 75.78%. VANGUARD GROUP INC is the largest shareholder of the company, while 328.0 institutions own stock in it. As of 2024-06-30, the company held over 19.03 million shares (or 11.1115% of all shares), a total value of $335.82 million in shares.

The next largest institutional holding, with 14.24 million shares, is of BLACKROCK INC.’s that is approximately 8.3139% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $251.27 million.