In the latest trading session,, 3.32 million Zeta Global Holdings Corp (NYSE:ZETA) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $11.13 changed hands at -$0.5 or -4.26% at last look, the market valuation stands at $2.65B. ZETA’s current price is a discount, trading about -243.22% off its 52-week high of $38.20. The share price had its 52-week low at $10.93, which suggests the last value was 1.8% up since then. When we look at Zeta Global Holdings Corp’s average trading volume, we note the 10-day average is 4.99 million shares, with the 3-month average coming to 6.07 million.
Analysts gave the Zeta Global Holdings Corp (ZETA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.53. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ZETA as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Zeta Global Holdings Corp’s EPS for the current quarter is expected to be 0.12.
Zeta Global Holdings Corp (NYSE:ZETA) trade information
Instantly ZETA was in red as seen in intraday trades today. With action -23.42%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -38.11%, with the 5-day performance at -23.42% in the red. However, in the 30-day time frame, Zeta Global Holdings Corp (NYSE:ZETA) is -22.08% down. Looking at the short shares, we see there were 22.78 million shares sold at short interest cover period of 2.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is 43.5, meaning bulls need an upside of 74.41% from its recent market value. According to analyst projections, ZETA’s forecast low is 40 with 45 as the target high. To hit the forecast high, the stock’s price needs a -304.31% plunge from its current level, while the stock would need to soar -259.39% for it to hit the projected low.
Zeta Global Holdings Corp (ZETA) estimates and forecasts
Year-over-year growth is forecast to reach 23.40% up from the last financial year.
Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 254.18M. 13 analysts are of the opinion that Zeta Global Holdings Corp’s revenue for the current quarter will be 294.5M. The company’s revenue for the corresponding quarters a year ago was 194.95M and 227.84M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 30.38%. The estimates for the next quarter sales put growth at 29.26%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.22%. The 2025 estimates are for Zeta Global Holdings Corp earnings to increase by 29.98%, but the outlook for the next 5-year period is at 28.98% per year.
Zeta Global Holdings Corp (NYSE:ZETA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.00% of Zeta Global Holdings Corp shares while 70.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 78.68%. There are 70.82% institutions holding the Zeta Global Holdings Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.1115% of the shares, roughly 19.03 million ZETA shares worth $335.82 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.0038% or 14.24 million shares worth $251.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 5.71 shares estimated at $63.39 million under it, the former controlled 2.40% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.94% of the shares, roughly 4.6 shares worth around $51.08 million.
