IZEA WORLDWIDE (NASDAQ:IZEA) Downgraded by Wall Street Zen to “Hold”

by · The Markets Daily

Wall Street Zen lowered shares of IZEA WORLDWIDE (NASDAQ:IZEA – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of IZEA WORLDWIDE in a research note on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on IZEA WORLDWIDE

IZEA WORLDWIDE Trading Up 25.6%

Shares of NASDAQ 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 stock has a 50 day moving average of $3.87 and a 200-day moving average of $3.04. The company has a market capitalization of $83.35 million, a P/E ratio of -6.71 and a beta of 1.24.

IZEA WORLDWIDE (NASDAQ:IZEA – Get Free Report) last issued 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 return on equity of 19.89% and a negative net margin of 33.38%.The company had revenue of $9.13 million during the quarter, compared to the consensus estimate of $9.50 million. Analysts predict that IZEA WORLDWIDE will post -0.53 EPS for the current fiscal year.

IZEA WORLDWIDE Company Profile

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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.

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