ZoomInfo Technologies Inc. [ZI] fell -58.68% so far this year. What now?

ZoomInfo Technologies Inc. [NASDAQ: ZI] plunged by -$0.7 during the normal trading session on Tuesday and reaching a high of $27.46 during the day while it closed the day at $26.53. The company report on November 29, 2022 that ZoomInfo Wins Four TrustRadius Best Software Awards.

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High Customer Satisfaction Earns Recognition on Overall, Enterprise, Mid-Market, and Small Business Best Software Lists.

ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data, and intelligence, today announced its SalesOS solution has been named to the first-ever Best Software List by trusted research and review platform TrustRadius. The list ranks the best software products based on customer satisfaction, review performance, and market-size fit. ZoomInfo was also honored on their Best Enterprise, Mid-Market, and Small Business lists.

ZoomInfo Technologies Inc. stock has also loss -3.56% of its value over the past 7 days. However, ZI stock has declined by -42.53% in the 3 months of the year. Over the past six months meanwhile, it has lost -34.32% and lost -58.68% year-on date.

The market cap for ZI stock reached $10.44 billion, with 401.96 million shares outstanding and 295.74 million shares in the current float. Compared to the average trading volume of 4.62M shares, ZI reached a trading volume of 4231003 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $47.33 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 1.90. 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.

Morgan Stanley have made an estimate for ZoomInfo Technologies Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 05, 2022. While these analysts kept the previous recommendation, Daiwa Securities raised their target price to Buy. The new note on the price target was released on September 28, 2022, representing the official price target for ZoomInfo Technologies Inc. stock. Previously, the target price had yet another raise from $67 to $73, while UBS kept a Buy rating on ZI stock. On February 16, 2022, analysts decreased their price target for ZI shares from 82 to 70.

The Average True Range (ATR) for ZoomInfo Technologies Inc. is set at 2.30, with the Price to Sales ratio for ZI stock in the period of the last 12 months amounting to 10.25. The Price to Book ratio for the last quarter was 4.86, with the Price to Cash per share for the same quarter was set at 1.12. Price to Free Cash Flow for ZI in the course of the last twelve months was 32.65 with Quick ratio for the last quarter at 1.30.

ZI stock trade performance evaluation

ZoomInfo Technologies Inc. [ZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.56. With this latest performance, ZI shares dropped by -41.28% in over the last four-week period, additionally sinking by -34.32% over the last 6 months – not to mention a drop of -62.02% 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 32.68, with the RSI for the last a single of trading hit 31.59, and the three-weeks RSI is set at 34.40 for ZoomInfo Technologies Inc. [ZI]. The present Moving Average for the last 50 days of trading for this stock 38.03, while it was recorded at 27.40 for the last single week of trading, and 43.98 for the last 200 days.

ZoomInfo Technologies Inc. [ZI]: An insightful look at the core fundamentals

ZoomInfo Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for ZoomInfo Technologies Inc. [ZI] stock

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 30.60%.

ZoomInfo Technologies Inc. [ZI]: Insider Ownership positions

There are presently around $9,132 million, or 90.10% of ZI stock, in the hands of institutional investors. The top three institutional holders of ZI stocks are: CARLYLE GROUP INC. with ownership of 38,021,415, which is approximately -8.758% of the company’s market cap and around 5.30% of the total institutional ownership; VANGUARD GROUP INC, holding 28,188,768 shares of the stock with an approximate value of $747.85 million in ZI stocks shares; and MORGAN STANLEY, currently with $650.14 million in ZI stock with ownership of nearly 7.542% of the company’s market capitalization.

Positions in ZoomInfo Technologies Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 263 institutional holders increased their position in ZoomInfo Technologies Inc. [NASDAQ:ZI] by around 50,581,396 shares. Additionally, 158 investors decreased positions by around 75,414,986 shares, while 37 investors held positions by with 218,233,733 shares. The mentioned changes placed institutional holdings at 344,230,115 shares, according to the latest SEC report filing. ZI stock had 97 new institutional investments in for a total of 9,514,348 shares, while 41 institutional investors sold positions of 2,644,279 shares during the same period.

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