With 2.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.26 million shares. The 52-week range on ZETA shows that it touched its highest point at $38.20 and its lowest point at $10.69 during that stretch. It currently has a 1-year price target of $25.75. Beta for the stock currently stands at 1.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZETA was down-trending over the past week, with a drop of -2.41%, but this was up by 3.65% over a month. Three-month performance dropped to -37.15% while six-month performance fell -54.00%. The stock lost -13.20% in the past year, while it has lost -25.79% so far this year. A look at the trailing 12-month EPS for ZETA yields -0.29 with Next year EPS estimates of 0.88. For the next quarter, that number is 0.14. This implies an EPS growth rate of 16.46% for this year and 28.38% for next year. EPS is expected to grow by 20.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.22%.
Float and Shares Shorts:
At present, 211.97 million ZETA shares are outstanding with a float of 182.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZETA since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.65528 being high and $0.51836 being low. For ZETA, this leads to a yearly average estimate of $0.58682. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.19.
