Wall Street Zen Downgrades IZEA WORLDWIDE (NASDAQ:IZEA) to Hold

IZEA WORLDWIDE (NASDAQ:IZEA) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of IZEA WORLDWIDE in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, IZEA WORLDWIDE has an average rating of “Sell”.

IZEA WORLDWIDE Stock Up 25.6%

Shares of IZEA opened at $4.90 on Friday. IZEA WORLDWIDE has a 12-month low of $1.68 and a 12-month high of $5.25. The business’s fifty day moving average is $3.87 and its 200 day moving average is $3.04. The stock has a market cap of $83.35 million, a P/E ratio of -6.71 and a beta of 1.24.

IZEA WORLDWIDE (NASDAQ:IZEA) last issued its earnings results on Tuesday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. IZEA WORLDWIDE had a negative return on equity of 19.89% and a negative net margin of 33.38%.The company had revenue of $9.13 million for the quarter, compared to analysts’ expectations of $9.50 million. On average, analysts expect that IZEA WORLDWIDE will post -0.53 EPS for the current year.

About IZEA WORLDWIDE

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.