Zeta Global Holdings Corp (ZETA) Outlook And Short Term Estimates

Zeta Global Holdings Corp (NYSE:ZETA) has a beta value of 1.17 and has seen 0.65 million shares traded in the recent trading session. The company, currently valued at $4.30B, closed the recent trade at $18.11 per share which meant it lost -$0.37 on the day or -2.00% during that session. The ZETA stock price is -110.93% off its 52-week high price of $38.20 and 48.37% above the 52-week low of $9.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.1 million shares traded. The 3-month trading volume is 8.67 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.

Zeta Global Holdings Corp (NYSE:ZETA) trade information

Sporting -2.00% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ZETA stock price touched $18.11 or saw a rise of 5.73%. Year-to-date, Zeta Global Holdings Corp shares have moved 0.67%, while the 5-day performance has seen it change -4.78%. Over the past 30 days, the shares of Zeta Global Holdings Corp (NYSE:ZETA) have changed -3.36%. Short interest in the company has seen 17.57 million shares shorted with days to cover at 2.12.

Wall Street analysts have a consensus price target for the stock at $36, which means that the shares’ value could jump 49.69% from the levels at last check today. 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 latest price level in today’s session is -148.48% off the targeted high while a plunge would see the stock gain -27.0% from the levels at last check today.

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 lost -15.33% over the past 6 months, with this year growth rate of 71.43%, compared to 14.90% for the industry.

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.

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 75.16% with a share float percentage of 82.71%. Investors are also buoyed by the number of investors in a company, with Zeta Global Holdings Corp having a total of 402.0 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.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 2.71% shares in the company for having 5.75 shares of worth $105.38 million while later fund manager owns 4.61 shares of worth $84.41 million as of Oct 31, 2024, which makes it owner of about 2.17% of company’s outstanding stock.