In yesterday’s Wall Street session, IZEA Worldwide Inc. (NASDAQ:IZEA) shares traded at $0.65, up 0.60% from the previous session.
1 analysts cover IZEA Worldwide Inc. (NASDAQ:IZEA), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $4.50 and a low of $4.50, we find $4.50. Given the previous closing price of $0.65, this indicates a potential upside of 592.31 percent. IZEA stock price is now 4.00% away from the 50-day moving average and -21.85% away from the 200-day moving average. The market capitalization of the company currently stands at $39.52M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $4.50 as their price target over the next twelve months.
With the price target maintained at $4.50, Ladenburg Thalmann recently Upgraded its rating from Sell to Neutral for IZEA Worldwide Inc. (NASDAQ: IZEA)., while ‘Craig Hallum’ rates the stock as ‘Hold’.
In other news, GARDNER LINDSAY A, Director bought 5,000 shares of the company’s stock on Dec 15. The stock was bought for $3,250 at an average price of $0.65. Upon completion of the transaction, the Director now directly owns 205,349 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18, Chief Executive Officer Murphy Edward H bought 3,000 shares of the business’s stock. A total of $1,890 was incurred on buying the stock at an average price of $0.63. This leaves the insider owning 712,477 shares of the company worth $0.46 million. Insiders disposed of 74,194 shares of company stock worth roughly $48226.1 over the past 1 year. A total of 1.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in IZEA stock. A new stake in IZEA Worldwide Inc. shares was purchased by KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC during the first quarter worth $51,000. CERTIFIED ADVISORY CORP invested $43,000 in shares of IZEA during the first quarter. In the first quarter, VIRTU FINANCIAL LLC acquired a new stake in IZEA Worldwide Inc. valued at approximately $17,000. HRT FINANCIAL LP acquired a new stake in IZEA for approximately $17,000. UBS GROUP AG purchased a new stake in IZEA valued at around $9,000 in the second quarter. In total, there are 34 active investors with 9.00% ownership of the company’s stock.
On Thursday morning IZEA Worldwide Inc. (NASDAQ: IZEA) stock kicked off with the opening price of $0.6300. During the past 12 months, IZEA Worldwide Inc. has had a low of $0.49 and a high of $1.82. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.10, and a quick ratio of 4.10. The fifty day moving average price for IZEA is $0.6249 and a two-hundred day moving average price translates $0.8316 for the stock.
The latest earnings results from IZEA Worldwide Inc. (NASDAQ: IZEA) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at $0, beating analysts’ expectations of -$0.02 by 0.02. This compares to -$0.02 EPS in the same period last year. The net profit margin was -7.30% and return on equity was -4.30% for IZEA. The company reported revenue of $10.83 million for the quarter, compared to $7.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.98 percent. For the current quarter, analysts expect IZEA to generate $9.7M in revenue.
IZEA Worldwide Inc.(IZEA) Company Profile
IZEA Worldwide, Inc., together with its subsidiaries, creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company uses its platform to manage influencer marketing campaigns on behalf of the company’s marketers. It primarily sells influencer marketing and custom content campaigns through sales team and platforms, as well as IZEA Exchange BrandGraph, and Shake platforms. The company was formerly known as IZEA, Inc. and changed its name to IZEA Worldwide, Inc. in August 2018. IZEA Worldwide, Inc. was founded in 2006 and is headquartered in Orlando, Florida.
