Zeta Global Holdings Corp [NYSE: ZETA] jumped around 2.38 points on Tuesday, while shares priced at $15.38 at the close of the session, up 18.31%.
Compared to the average trading volume of 1.61M shares, ZETA reached a trading volume of 9167996 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Zeta Global Holdings Corp [ZETA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZETA shares is $18.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZETA stock is a recommendation set at 1.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Zeta Global Holdings Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 04, 2024. While these analysts kept the previous recommendation, DA Davidson raised their target price to Buy. The new note on the price target was released on April 03, 2024, representing the official price target for Zeta Global Holdings Corp stock. Previously, the target price had yet another raise to $13, while B. Riley Securities analysts kept a Buy rating on ZETA stock.
The Average True Range (ATR) for Zeta Global Holdings Corp is set at 0.59, with the Price to Sales ratio for ZETA stock in the period of the last 12 months amounting to 4.39. The Price to Book ratio for the last quarter was 17.55, with the Price to Cash per share for the same quarter was set at 0.65. Price to Free Cash Flow for ZETA in the course of the last twelve months was 45.43 with Quick ratio for the last quarter at 1.76.
How has ZETA stock performed recently?
Zeta Global Holdings Corp [ZETA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.43. With this latest performance, ZETA shares gained by 27.74% in over the last four-week period, additionally plugging by 82.01% over the last 6 months – not to mention a rise of 84.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZETA stock in for the last two-week period is set at 82.86, with the RSI for the last a single of trading hit 87.83, and the three-weeks RSI is set at 79.00 for Zeta Global Holdings Corp [ZETA]. The present Moving Average for the last 50 days of trading for this stock 11.42, while it was recorded at 13.28 for the last single week of trading, and 9.31 for the last 200 days.
Zeta Global Holdings Corp [ZETA]: Deeper insight into the fundamentals
Zeta Global Holdings Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.76 and a Current Ratio set at 1.89.
Earnings analysis for Zeta Global Holdings Corp [ZETA]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZETA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zeta Global Holdings Corp go to 35.00%.
Insider trade positions for Zeta Global Holdings Corp [ZETA]
The top three institutional holders of ZETA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ZETA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ZETA stock with ownership which is approximately 5.8386%.
