IZEA Worldwide Inc (NASDAQ:IZEA) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a 12-month consensus price objective of $8.00 for the company, according to Zacks. Zacks has also given IZEA Worldwide an industry rank of 32 out of 257 based on the ratings given to related companies.

Several equities research analysts have recently weighed in on IZEA shares. LADENBURG THALM/SH SH increased their price objective on shares of IZEA Worldwide from $7.00 to $8.00 in a research report on Wednesday, September 12th. ValuEngine upgraded shares of IZEA Worldwide from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st.

Shares of IZEA traded down $0.02 during trading hours on Wednesday, hitting $1.48. 79,100 shares of the stock were exchanged, compared to its average volume of 823,598. IZEA Worldwide has a fifty-two week low of $0.80 and a fifty-two week high of $7.60. The stock has a market cap of $17.63 million, a PE ratio of -1.54 and a beta of 0.29.

IZEA Worldwide (NASDAQ:IZEA) last posted its quarterly earnings data on Wednesday, November 14th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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 company had revenue of $5.78 million during the quarter. On average, equities research analysts anticipate that IZEA Worldwide will post -0.35 EPS for the current fiscal year.

A hedge fund recently raised its stake in IZEA Worldwide stock. Perkins Capital Management Inc. boosted its stake in IZEA Worldwide Inc (NASDAQ:IZEA) by 669.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 827,595 shares of the company’s stock after purchasing an additional 720,000 shares during the quarter. Perkins Capital Management Inc. owned about 14.15% of IZEA Worldwide worth $786,000 as of its most recent SEC filing. 12.90% of the stock is owned by hedge funds and other institutional investors.

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.

See Also: Initial Public Offering (IPO)

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