How to Buy Zeta Global Holdings Stock
Zeta Global Holdings Corp
Zeta Global Holdings is a app company located in New York, United States, which is part of the Technology sector, and is traded under the ticker ZETA on the NYSE exchange.
Zeta Global Holdings stock last closed at $16.33, down 0.79% from the previous day, and has increased 81.04% in one year. It has overperformed other stocks in the Software - Application industry by 0.61 percentage points. Zeta Global Holdings stock is currently +125.55% from its 52-week low of $7.24, and -12.11% from its 52-week high of $18.58.
As of May 31, 2024, there are 218.79M shares of ZETA outstanding. The market capitalization of ZETA is $3.57B. In the last 24 hours, 1.87M ZETA shares were traded.
How to Buy Zeta Global Holdings Stock
Not sure how to invest in Zeta Global Holdings stock? Here's how.
- Figure out where to buy Zeta Global Holdings stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Zeta Global Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Research Zeta Global Holdings stock: The Zeta Global Holdings ticker symbol is ZETA. Is Zeta Global Holdings stock a good investment? Should you buy shares of ZETA? How do ZETA's underlying business fundamentals look? Do top analysts think Zeta Global Holdings is a good buy? Why has ZETA's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ZETA is a good stock to buy).
- Make your ZETA purchase: Decide if you will purchase ZETA shares at the current market price or use a limit order to buy ZETA shares at a particular price.
- Keep tabs on your investment in ZETA: Create a watchlist to key updates about your new investment in Zeta Global Holdings shares.
Step 1: Figure out where to buy Zeta Global Holdings stock
You need a brokerage account in order to access the NYSE market and buy ZETA shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can buy ZETA today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on app for investing, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Zeta Global Holdings stock
After you have chosen the best place to buy Zeta Global Holdings stock, it's critical to analyze their stock before you invest, so you can comprehend the risk as well as the opportunity.
Zeta Global Holdings shares at a glance
Zeta Global Holdings Zen Score
WallStreetZen was built to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on ZETA's stock page.
What is the fair value of ZETA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ZETA's true value.
Using relative valuations methods:
- ZETA may be overvalued based on its P/B ratio of 18.65x, relative to Software - Application industry P/B ratio of 6x
You can access additional valuation analysis on ZETA's stock here.
ZETA Financial Summary
Signs that ZETA is financially healthy:
- There are more short-term assets than long-term liabilities on the ZETA balance sheet.
- There are more short-term assets than short-term liabilities on the ZETA balance sheet.
- ZETA's operating cash flow of $95.09M allows it to safely service it's debt of $184.25M.
- ZETA profit margin has gone up from -42.4% to -22.2% in the past year.
Signs that ZETA is not financially healthy:
- ZETA earnings of -$157.74M is not sufficient to cover its interest payments.
- ZETA has a relatively high debt to equity ratio of 1.87.
Is ZETA stock a Buy, Hold, or Sell, according to analysts?
Out of 11 Equities analysts who research ZETA, the consensus analyst rating on Zeta Global Holdings is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent ZETA Analyst Upgrades/Downgrades
Ryan Macwilliams, a top 15% analyst from Barclays maintains ZETA with a strong buy rating and raises their ZETA price target from $15.00 to $18.00, on May 7, 2024.
Clark Wright, a top 46% analyst from DA Davidson maintains ZETA with a strong buy rating and raises their ZETA price target from $15.00 to $19.00, on May 7, 2024.
David Hynes, a top 18% analyst from Canaccord Genuity maintains ZETA with a strong buy rating and raises their ZETA price target from $13.00 to $17.00, on May 7, 2024.
Canaccord Genuity's David Hynes raised their price target on Zeta Global Holdings (NYSE: ZETA) by 30.8% from $13 to $17 on 2024/05/07. The analyst maintained their Strong Buy rating on the stock.
The analyst's update was in response to Zeta Global Holdings' Q1 2024 earnings report released on 2024/05/06.
Management felt confident enough to increase its FY 2024 revenue expectations thanks to the company's positive Q1 results, the analyst told investors.
Earnings Report
For Q1 2024, Zeta Global Holdings reported:
- Loss per share of $0.23, which missed the Zacks Consensus Estimate of $0.08 but beat, by 39.5%, Q1 2023’s $(0.38).
- Revenue of $194.9M, which beat the Zacks Consensus Estimate of $187.1M, and, by 24%, Q1 2023’s $157.6M.
- EBITDA of $30.5M, up 27% Y/Y.
- EBITDA margin of 15.6%, compared to Q1 2023’s 15.3%.
- Free cash flow of $15M, up 50% Y/Y.
Management guided:
For Q2 2024:
- Revenue of $210M to $214M.
- EBITDA of $35.3M to $35.8M.
- EBITDA margin of 16.5% to 17.0%.
For FY 2024:
- Revenue of $895M to $905M.
- EBITDA of $170M to $172M.
- EBITDA margin of 18.8% to 19.2%.
- Free cash flow of $75M to $85M.
Co-Founder, Chairman & CEO David A. Steinberg commented: “The actionable intelligence delivered by the Zeta Marketing Platform is fueling the acceleration in our business.
“Chief Marketing Officers are seeking modern marketing technology platforms, like the ZMP, that leverage Gen AI to drive top-line growth and improve operational efficiency, while protecting their data.
“Our strong competitive position combined with structural demand drivers give us confidence to raise our outlook.”
CFO Chris Greiner added, “It was a strong start to the year, highlighted by an increase in visibility from new customer wins and the rapid expansion of existing customers, which is leading to a step up in revenue and Adjusted EBITDA guidance.
“Growth catalysts are showing green chutes, we’re seeing solid returns from investments, and we’re creating deeper and stickier relationships with our enterprise and new agency customers. All in, a strong combination going into Q2 and the rest of the year.”
Brian Schwartz, a top 17% analyst from Oppenheimer reiterates ZETA with a buy rating and raises their ZETA price target from $14.00 to $18.00, on May 7, 2024.
Koji Ikeda, a bottom 11% analyst from Bank of America maintains ZETA with a strong buy rating and raises their ZETA price target from $15.00 to $18.00, on May 7, 2024.
You can dive deeper into what analysts are projecting on the Zeta Global Holdings stock forecast page.
ZETA Technical Indicators
ZETA Revenue
Last year, ZETA revenue was $766.07M. Over the past 3 year, ZETA's revenue has grown by 99.08% per year. This was faster than the Software - Application industry average of 31.23%.
Dive into ZETA's earnings and revenue performance here.
Latest Insiders Trades at ZETA
In the past 12 months, insiders at ZETA have sold more shares than they have bought.
William Landman, Director of ZETA, was the latest ZETA insider to sell. They sold $285,005.70 worth of ZETA shares on May 16, 2024.
Research more about who owns ZETA stock here.
Can I get consistent income from ZETA stock?
No, Zeta Global Holdings doesn't provide an income stream by paying out dividends.
What others are saying about ZETA
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your ZETA purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in ZETA
Now that you own some ZETA shares, you'll want to keep up with your shares.
Create a watchlist to track the latest developments regarding your ZETA stock.
ZETA Feed
How to Buy Stock in Zeta Global Holdings
To reiterate, here are the 6 steps to buy stock in Zeta Global Holdings:
- Figure out where to buy Zeta Global Holdings stock
- Create a brokerage account
- Deposit money your investment account
- Research Zeta Global Holdings stock
- Make your ZETA purchase
- Keep tabs on your investment in ZETA
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Zeta Global Holdings, hit the button below to create your watchlist.
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