ZoomInfo Technologies Inc. [ZI] fell -23.02% so far this year. What now?

ZoomInfo Technologies Inc. [NASDAQ: ZI] gained 3.85% or 1.83 points to close at $49.42 with a heavy trading volume of 3612316 shares. The company report on August 16, 2022 that ZoomInfo Increases Company Data Coverage to More Than 100 Million Businesses.


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ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data, and intelligence, today announced it has nearly tripled its company coverage in the past year, making more than 100 million businesses available to all customers through continued investment in data acquisition, machine learning, and enhanced location-based data matching technologies.

It opened the trading session at $47.96, the shares rose to $50.07 and dropped to $47.85, the range by which the price of stock traded the whole day. The daily chart for ZI points out that the company has recorded -3.59% loss over the past six months. However, it is still -63.05% lower than its most recent low trading price.

If we look at the average trading volume of 4.55M shares, ZI reached to a volume of 3612316 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about ZoomInfo Technologies Inc. [ZI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZI shares is $64.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZI stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for ZoomInfo Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 16, 2022. While these analysts kept the previous recommendation, Raymond James dropped their target price from $82 to $70. The new note on the price target was released on February 16, 2022, representing the official price target for ZoomInfo Technologies Inc. stock. Previously, the target price had yet another raise from $60 to $65, while Mizuho kept a Buy rating on ZI stock. On February 16, 2022, analysts decreased their price target for ZI shares from 85 to 75.

The Average True Range (ATR) for ZoomInfo Technologies Inc. is set at 2.21, with the Price to Sales ratio for ZI stock in the period of the last 12 months amounting to 22.25. The Price to Book ratio for the last quarter was 9.32, with the Price to Cash per share for the same quarter was set at 0.87. Price to Free Cash Flow for ZI in the course of the last twelve months was 68.52 with Quick ratio for the last quarter at 1.10.

Trading performance analysis for ZI stock

ZoomInfo Technologies Inc. [ZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.21. With this latest performance, ZI shares gained by 33.21% in over the last four-week period, additionally sinking by -3.59% over the last 6 months – not to mention a drop of -21.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZI stock in for the last two-week period is set at 61.51, with the RSI for the last a single of trading hit 59.40, and the three-weeks RSI is set at 60.59 for ZoomInfo Technologies Inc. [ZI]. The present Moving Average for the last 50 days of trading for this stock 39.86, while it was recorded at 49.63 for the last single week of trading, and 51.18 for the last 200 days.

ZoomInfo Technologies Inc. [ZI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and ZoomInfo Technologies Inc. [ZI] shares currently have an operating margin of +20.53 and a Gross Margin at +79.27. ZoomInfo Technologies Inc.’s Net Margin is presently recorded at +15.63.

Return on Equity for this stock inclined to 9.34, with Return on Assets sitting at 2.54.

ZoomInfo Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

ZoomInfo Technologies Inc. [ZI]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ZoomInfo Technologies Inc. go to 35.67%.

An analysis of insider ownership at ZoomInfo Technologies Inc. [ZI]

There are presently around $18,284 million, or 93.60% of ZI stock, in the hands of institutional investors. The top three institutional holders of ZI stocks are: TA ASSOCIATES, L.P. with ownership of 45,800,086, which is approximately 0% of the company’s market cap and around 7.30% of the total institutional ownership; CARLYLE GROUP INC., holding 41,671,145 shares of the stock with an approximate value of $2.06 billion in ZI stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.37 billion in ZI stock with ownership of nearly -1.762% of the company’s market capitalization.

Positions in ZoomInfo Technologies Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 231 institutional holders increased their position in ZoomInfo Technologies Inc. [NASDAQ:ZI] by around 58,775,841 shares. Additionally, 150 investors decreased positions by around 29,873,713 shares, while 41 investors held positions by with 281,321,347 shares. The mentioned changes placed institutional holdings at 369,970,901 shares, according to the latest SEC report filing. ZI stock had 75 new institutional investments in for a total of 6,258,619 shares, while 63 institutional investors sold positions of 8,166,389 shares during the same period.

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