The closing price of Zeta Global Holdings Corp (NYSE: ZETA) was $12.18 for the day, up 1.67% from the previous closing price of $11.98. In other words, the price has increased by $+0.20 from its previous closing price. On the day, 1503681 shares were traded.
Ratios:
Our analysis of ZETA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on April 04, 2024, Upgraded its rating to Overweight and sets its target price to $17 from $12 previously.
On April 03, 2024, DA Davidson started tracking the stock assigning a Buy rating and target price of $15.
On December 09, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $13.B. Riley Securities initiated its Buy rating on December 09, 2022, with a $13 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 15 ’23 when Ravella Satish sold 5,723 shares for $8.54 per share. The transaction valued at 48,874 led to the insider holds 166,311 shares of the business.
Ravella Satish sold 5,000 shares of ZETA for $45,005 on Oct 17 ’23. The Senior Vice President, Finance now owns 225,141 shares after completing the transaction at $9.00 per share. On Oct 09 ’23, another insider, Ravella Satish, who serves as the Senior Vice President, Finance of the company, sold 804 shares for $8.59 each. As a result, the insider received 6,909 and left with 230,141 shares of the company.
Valuation Measures:
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 2.66B and an Enterprise Value of 2.71B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 14.69. Its current Enterprise Value per Revenue stands at 3.72 whereas that against EBITDA is -21.81.
Stock Price History:
Over the past 52 weeks, ZETA has reached a high of $12.45, while it has fallen to a 52-week low of $7.24. The 50-Day Moving Average of the stock is 10.55, while the 200-Day Moving Average is calculated to be 8.97.
Shares Statistics:
ZETA traded an average of 1.44M shares per day over the past three months and 1.95M shares per day over the past ten days. A total of 188.63M shares are outstanding, with a floating share count of 157.99M. Insiders hold about 27.67% of the company’s shares, while institutions hold 51.53% stake in the company. Shares short for ZETA as of Mar 15, 2024 were 10.01M with a Short Ratio of 6.68, compared to 9.14M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.58% and a Short% of Float of 6.90%.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.06, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.1, with high estimates of $0.12 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.62 and $0.41 for the fiscal current year, implying an average EPS of $0.52. EPS for the following year is $0.65, with 8 analysts recommending between $0.84 and $0.48.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $187.9M to a low estimate of $186.47M. As of the current estimate, Zeta Global Holdings Corp’s year-ago sales were $157.6M, an estimated increase of 18.70% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $204.11M, an increase of 18.80% over than the figure of $18.70% in the same quarter last year. There is a high estimate of $206.18M for the next quarter, whereas the lowest estimate is $202.74M.
A total of 11 analysts have provided revenue estimates for ZETA’s current fiscal year. The highest revenue estimate was $880M, while the lowest revenue estimate was $871.93M, resulting in an average revenue estimate of $874.91M. In the same quarter a year ago, actual revenue was $728.72M, up 20.10% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.05B and the low estimate is $972.2M. The average revenue growth estimate for next year is up 16.10% from the average revenue estimate for this year.
