In a report released today, Brian Schwartz from Oppenheimer reiterated a Buy rating on Zeta Global Holdings Corp (ZETA – Research Report), with a price target of $13.00. The company’s shares closed last Wednesday at $6.22.
According to TipRanks.com, Schwartz is a top 100 analyst with an average return of 20.8% and a 63.8% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Qualtrics International, and Procore Technologies.
Currently, the analyst consensus on Zeta Global Holdings Corp is a Strong Buy with an average price target of $10.38, implying an 85.4% upside from current levels. In a report issued on July 26, Barclays also maintained a Buy rating on the stock with a $9.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on Zeta Global Holdings Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $126 million and GAAP net loss of $72.04 million. In comparison, last year the company earned revenue of $101 million and had a GAAP net loss of $24.37 million.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZETA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zeta Global Holdings Corp is a omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves more than 1,000 enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail.
Read More on ZETA:
