ValuEngine upgraded shares of IZEA Worldwide (NASDAQ:IZEA) from a hold rating to a buy rating in a research note published on Thursday morning.
Separately, LADENBURG THALM/SH SH lifted their price objective on IZEA Worldwide from $7.00 to $8.00 in a research note on Wednesday, September 12th.
Shares of IZEA traded down $0.03 during midday trading on Thursday, hitting $1.70. The company had a trading volume of 1,000 shares, compared to its average volume of 314,795. The stock has a market capitalization of $20.89 million, a PE ratio of -1.77 and a beta of 0.29. IZEA Worldwide has a 1 year low of $0.80 and a 1 year high of $7.60.
IZEA Worldwide (NASDAQ:IZEA) last announced its quarterly earnings data on Tuesday, August 14th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.04. The business had revenue of $4.12 million during the quarter. IZEA Worldwide had a negative return on equity of 117.05% and a negative net margin of 21.74%. Research analysts forecast that IZEA Worldwide will post -0.35 EPS for the current fiscal year.
An institutional investor recently raised its position in IZEA Worldwide stock. Perkins Capital Management Inc. increased its holdings in shares of IZEA Worldwide Inc (NASDAQ:IZEA) by 669.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 827,595 shares of the company’s stock after purchasing an additional 720,000 shares during the quarter. Perkins Capital Management Inc. owned approximately 14.15% of IZEA Worldwide worth $786,000 at the end of the most recent quarter. 13.74% of the stock is owned by institutional investors.
IZEA Worldwide Company Profile
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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