Zeta Global (ZETA) Scheduled to Post Earnings on Monday

Zeta Global (NASDAQ:ZETA) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Zeta Global has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Zeta Global (NASDAQ:ZETA) last released its earnings results on Tuesday, February 27th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.36). The business had revenue of $210.00 million for the quarter, compared to analysts’ expectations of $207.53 million. Zeta Global had a negative return on equity of 123.59% and a negative net margin of 25.73%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.36) earnings per share. On average, analysts expect Zeta Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zeta Global Stock Up 1.7 %

ZETA opened at $12.82 on Friday. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of -10.59 and a beta of 1.12. Zeta Global has a 12 month low of $7.24 and a 12 month high of $12.99. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.76 and a quick ratio of 1.76. The business has a 50-day moving average of $11.28 and a two-hundred day moving average of $9.72.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ZETA shares. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 28th. DA Davidson started coverage on Zeta Global in a research note on Wednesday, April 3rd. They set a “buy” rating and a $15.00 price target for the company. Morgan Stanley raised Zeta Global from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $12.00 to $17.00 in a research note on Thursday, April 4th. Barclays increased their target price on shares of Zeta Global from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 28th. Finally, TheStreet raised shares of Zeta Global from a “d+” rating to a “c-” rating in a research report on Tuesday, January 30th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $15.00.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.