Investing in Zeta Global Holdings Corp (ZETA) might be a great opportunity, but the stock is a bit overvalued

While Zeta Global Holdings Corp has overperformed by 1.67%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZETA rose by 23.40%, with highs and lows ranging from $12.45 to $7.24, whereas the simple moving average jumped by 36.01% in the last 200 days.

On April 04, 2024, Morgan Stanley Upgraded Zeta Global Holdings Corp (NYSE: ZETA) to Overweight. A report published by DA Davidson on April 03, 2024, Initiated its previous ‘Buy’ rating for ZETA. B. Riley Securities also rated ZETA shares as ‘Buy’, setting a target price of $13 on the company’s shares in an initiating report dated December 09, 2022. Credit Suisse Initiated an Neutral rating on November 22, 2022, and assigned a price target of $9. Oppenheimer April 07, 2022d its ‘Perform’ rating to ‘Outperform’ for ZETA, as published in its report on April 07, 2022. Craig Hallum’s report from February 07, 2022 suggests a price prediction of $14 for ZETA shares, giving the stock a ‘Buy’ rating. Credit Suisse also rated the stock as ‘Neutral’.

Analysis of Zeta Global Holdings Corp (ZETA)

Further, the quarter-over-quarter increase in sales is 20.09%, showing a positive trend in the upcoming months.

In order to gain a clear picture of Zeta Global Holdings Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -121.52% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.76, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

An average volume of 1.44M can be a very valuable indicator of volatility for ZETA stock. On a monthly basis, the volatility of the stock is set at 3.32%, whereas on a weekly basis, it is put at 3.42%, with a gain of 2.10% over the past seven days. Furthermore, long-term investors anticipate a median target price of $15.35, showing growth from the present price of $12.18, which can serve as yet another indication of whether ZETA is worth investing in or should be passed over.

How Do You Analyze Zeta Global Holdings Corp Shares?

In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 27.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 51.53% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

ZETA shares are owned by institutional investors to the tune of 51.53% at present.

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