Shares of IZEA (NASDAQ:IZEA) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price target of $6.63 for the company, according to Zacks. Zacks has also assigned IZEA an industry rank of 71 out of 255 based on the ratings given to its competitors.
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Separately, ValuEngine raised IZEA from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd.
A number of hedge funds have recently bought and sold shares of IZEA. Essex Investment Management Co. LLC purchased a new stake in IZEA in the 4th quarter valued at approximately $421,000. Bank of New York Mellon Corp purchased a new stake in IZEA in the 4th quarter valued at approximately $133,000. Finally, Geode Capital Management LLC purchased a new stake in IZEA in the 4th quarter valued at approximately $112,000. 23.11% of the stock is currently owned by hedge funds and other institutional investors.
Shares of IZEA traded down $0.10 on Monday, reaching $1.43. The stock had a trading volume of 144,993 shares, compared to its average volume of 193,939. The stock has a market cap of $8.83 million, a P/E ratio of -1.49 and a beta of -0.07. IZEA has a twelve month low of $1.37 and a twelve month high of $7.85.
IZEA (NASDAQ:IZEA) last released its quarterly earnings results on Monday, May 21st. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.01). The firm had revenue of $3.90 million during the quarter. IZEA had a negative return on equity of 91.26% and a negative net margin of 18.54%. equities analysts expect that IZEA will post -0.35 earnings per share for the current fiscal year.
IZEA, Inc operates online marketplaces that facilitate transactions between marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company helps brands to engage online influencers for influencer marketing campaigns, or to create content for distribution through their channels.
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