Shares of IZEA Worldwide Inc (NASDAQ:IZEA) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price objective of $8.00 for the company, according to Zacks. Zacks has also assigned IZEA Worldwide an industry rank of 32 out of 257 based on the ratings given to related companies.
IZEA has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of IZEA Worldwide from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. LADENBURG THALM/SH SH boosted their price target on shares of IZEA Worldwide from $7.00 to $8.00 in a report on Wednesday, September 12th.
A hedge fund recently raised its stake in IZEA Worldwide stock. Perkins Capital Management Inc. increased its position in shares of IZEA Worldwide Inc (NASDAQ:IZEA) by 669.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 827,595 shares of the company’s stock after acquiring an additional 720,000 shares during the quarter. Perkins Capital Management Inc. owned 14.15% of IZEA Worldwide worth $786,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 12.90% of the company’s stock.
Shares of NASDAQ IZEA traded down $0.03 during midday trading on Wednesday, reaching $1.43. The company’s stock had a trading volume of 76,010 shares, compared to its average volume of 213,637. IZEA Worldwide has a one year low of $0.80 and a one year high of $7.60. The company has a market capitalization of $17.66 million, a P/E ratio of -1.49 and a beta of 0.29.
IZEA Worldwide (NASDAQ:IZEA) last released its earnings results on Wednesday, November 14th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.16. IZEA Worldwide had a negative net margin of 28.01% and a negative return on equity of 120.82%. The business had revenue of $5.78 million for the quarter. As a group, analysts forecast that IZEA Worldwide will post -0.35 EPS for the current year.
About IZEA Worldwide
IZEA Worldwide, Inc 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 engages creator for influencer marketing campaigns, or to create content for the marketers' use and distribution.
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