KeyBanc Capital Markets has recently reduced Zeta Global Holdings Corp (ZETA) stock to Sector Weight rating, as announced on November 14, 2024, according to Finviz. Earlier, on October 22, 2024, KeyBanc Capital Markets had initiated the stock to Overweight, setting a price target of $40. Barclays also reduced Equal Weight rating with a price target of $28. Additionally, Morgan Stanley reduced rating on August 1, 2024, with a target price of $30. Truist analysts, in their report published on July 15, 2024, also initiated Buy rating and set a price target of $23 for Zeta Global Holdings Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Zeta Global Holdings Corp (ZETA) Stock Trading Recap
On Tuesday, Zeta Global Holdings Corp (ZETA) stock saw a decline, ending the day at $23.93 which represents a decrease of $-0.08 or -0.33% from the prior close of $24.01. The stock opened at $23.24 and touched a low of $23.02 during the day, reaching a high of $25.96. The volume of shares traded was 11.76 million exceeding the average volume of 6.98 million.
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ZETA Stock Performance and Moving Averages
In recent trading, Zeta Global Holdings Corp (ZETA) stock price has shown some volatility, fluctuating 12.51% over the last five trades and -14.20% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 52.91%, and it has plunged by -3.82% in the previous three months. Currently, ZETA is trading at -1.91%, -12.50%, and 21.38% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ZETA, a Technology sector stock, is trading -37.36% below its 52-week high but remains 212.81% above its 52-week low. The Average True Range (ATR) (14 days) of 2.56 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Zeta Global Holdings Corp’s Profitability and Valuation Ratios
Zeta Global Holdings Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of -11.33% and a profit margin of -13.34%, with a gross margin of 52.91%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Zeta Global Holdings Corp’s market capitalization stands at $5.68 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 30.47. Additionally, the Price-to-Sales Ratio is 6.3, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 11.62, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 22.56% of Zeta Global Holdings Corp (ZETA)’s shares, while financial institutions hold 64.10%.
