IZEA WORLDWIDE (NASDAQ:IZEA) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of IZEA WORLDWIDE (NASDAQ:IZEA) from a buy rating to a hold rating in a report issued on Saturday.

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

IZEA WORLDWIDE Trading Up 2.9%

IZEA opened at $5.04 on Friday. The company’s 50 day moving average is $3.90 and its 200-day moving average is $3.06. IZEA WORLDWIDE has a 1-year low of $1.68 and a 1-year high of $5.25. The company has a market cap of $85.73 million, a P/E ratio of -6.90 and a beta of 1.24.

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

IZEA WORLDWIDE Company Profile

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.