The price of Zeta Global Holdings Corp. (NYSE: ZETA) closed at $8.58 in the last session, down -2.94% from day before closing price of $8.84. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 1083194 shares were traded. ZETA stock price reached its highest trading level at $8.78 during the session, while it also had its lowest trading level at $8.50.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
We take a closer look at ZETA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 77.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.41.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 when NIEHAUS ROBERT H sold 5,837 shares for $11.04 per share. The transaction valued at 64,440 led to the insider holds 15,246,891 shares of the business.
NIEHAUS ROBERT H sold 7,911 shares of ZETA for $87,021 on Mar 07. The Director now owns 15,252,728 shares after completing the transaction at $11.00 per share. On Mar 06, another insider, NIEHAUS ROBERT H, who serves as the Director of the company, sold 29,283 shares for $11.02 each. As a result, the insider received 322,699 and left with 15,260,639 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZETA now has a Market Capitalization of 1.73B and an Enterprise Value of 1.80B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 9.86. Its current Enterprise Value per Revenue stands at 2.89 whereas that against EBITDA is -8.83.
Stock Price History:
Over the past 52 weeks, ZETA has reached a high of $11.28, while it has fallen to a 52-week low of $4.09. The 50-Day Moving Average of the stock is 9.61, while the 200-Day Moving Average is calculated to be 8.57.
According to the various share statistics, ZETA traded on average about 1.23M shares per day over the past 3-months and 1.3M shares per day over the past 10 days. A total of 150.05M shares are outstanding, with a floating share count of 136.11M. Insiders hold about 9.80% of the company’s shares, while institutions hold 57.70% stake in the company. Shares short for ZETA as of Apr 27, 2023 were 9.35M with a Short Ratio of 9.35M, compared to 9.06M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.40% and a Short% of Float of 6.86%.
The company has 9 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.03, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.41 and $0.23 for the fiscal current year, implying an average EPS of $0.33. EPS for the following year is $0.47, with 8 analysts recommending between $0.62 and $0.36.
According to 10 analysts, the current quarter’s revenue is expected to be $161.78M. It ranges from a high estimate of $162.41M to a low estimate of $159.6M. As of the current estimate, Zeta Global Holdings Corp.’s year-ago sales were $137.3M, an estimated increase of 17.80% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $176.22M, an increase of 15.70% less than the figure of $17.80% in the same quarter last year. There is a high estimate of $176.61M for the next quarter, whereas the lowest estimate is $175.93M.
A total of 10 analysts have provided revenue estimates for ZETA’s current fiscal year. The highest revenue estimate was $701.27M, while the lowest revenue estimate was $698.5M, resulting in an average revenue estimate of $700.56M. In the same quarter a year ago, actual revenue was $590.96M, up 18.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $822.43M in the next fiscal year. The high estimate is $854.87M and the low estimate is $796.6M. The average revenue growth estimate for next year is up 17.40% from the average revenue estimate for this year.