Zeta Global Holdings Corp (NYSE:ZETA) has a beta value of 1.18 and has seen 3.72 million shares traded in the last trading session. The company, currently valued at $4.32B, closed the last trade at $18.18 per share which meant it lost -$0.8 on the day or -4.21% during that session. The ZETA stock price is -110.12% off its 52-week high price of $38.20 and 55.17% above the 52-week low of $8.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.88 million shares traded. The 3-month trading volume is 8.48 million shares.
The consensus among analysts is that Zeta Global Holdings Corp (ZETA) is Buy stock at the moment, with a recommendation rating of 1.62. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 9 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.22.
Zeta Global Holdings Corp (NYSE:ZETA) trade information
Sporting -4.21% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ZETA stock price touched $18.18 or saw a rise of 6.53%. Year-to-date, Zeta Global Holdings Corp shares have moved 1.06%, while the 5-day performance has seen it change 0.66%. Over the past 30 days, the shares of Zeta Global Holdings Corp (NYSE:ZETA) have changed -29.51%. Short interest in the company has seen 17.16 million shares shorted with days to cover at 1.17.
Wall Street analysts have a consensus price target for the stock at $36, which means that the shares’ value could jump 49.5% from current levels. The projected low price target is $23.0 while the price target rests at a high of $45.0. In that case, then, we find that the current price level is -147.52% off the targeted high while a plunge would see the stock gain -26.51% from current levels.
Zeta Global Holdings Corp (ZETA) estimates and forecasts
Figures show that Zeta Global Holdings Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 7.26% over the past 6 months, with this year growth rate of 71.43%, compared to 16.50% for the industry. Revenue growth from the last financial year stood is estimated to be 35.31%.
13 analysts offering their estimates for the company have set an average revenue estimate of 294.93M for the current quarter. 12 have an estimated revenue figure of 255.7M for the next ending quarter. Year-ago sales stood 210.32M and 194.95M respectively for this quarter and the next, and analysts expect sales will grow by 40.23% for the current quarter and 35.31% for the next.
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 -42.41% over the past 5 years. Earnings growth for 2025 is a modest 148.90% while over the next 5 years, the company’s earnings are expected to increase by 38.15%.
ZETA Dividends
Zeta Global Holdings Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Zeta Global Holdings Corp (NYSE:ZETA)’s Major holders
Insiders own 9.13% of the company shares, while shares held by institutions stand at 75.44% with a share float percentage of 83.03%. Investors are also buoyed by the number of investors in a company, with Zeta Global Holdings Corp having a total of 403.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 19.03 million shares worth more than $335.82 million. As of 2024-06-30, VANGUARD GROUP INC held 11.1115% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 14.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $251.27 million and represent 8.3139% of shares outstanding.
