ZoomInfo Technologies Inc. [ZI] moved down -3.16: Why It’s Important

ZoomInfo Technologies Inc. [NASDAQ: ZI] traded at a low on 01/06/23, posting a -3.16 loss after which it closed the day’ session at $25.11. The company report on January 4, 2023 that ZoomInfo Employees Raise More Than $400,000 for Youth and Family Nonprofits During 2022 Winter Donation Drive.


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Donations Now Total $3.68 Million Since Annual Company Campaign Began in 2016.

ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data, and intelligence, today announced that its employees raised more than $400,000 during its 2022 Winter Donation Drive to support youth- and family-focused nonprofit organizations in their communities.

The results of the trading session contributed to over 9252318 shares changing hands. Over the past one week, the price volatility of ZoomInfo Technologies Inc. stands at 5.27% while the volatility over the past one month is 4.46%.

The market cap for ZI stock reached $10.47 billion, with 401.96 million shares outstanding and 295.74 million shares in the current float. Compared to the average trading volume of 4.95M shares, ZI reached a trading volume of 9252318 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $45.33 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 2.00. 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.

BofA Securities have made an estimate for ZoomInfo Technologies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 04, 2023. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. The new note on the price target was released on October 05, 2022, representing the official price target for ZoomInfo Technologies Inc. stock. Previously, the target price had yet another raise to $66, while Daiwa Securities analysts kept a Buy rating on ZI stock. On February 16, 2022, analysts increased their price target for ZI shares from 67 to 73.

The Average True Range (ATR) for ZoomInfo Technologies Inc. is set at 1.56, with the Price to Sales ratio for ZI stock in the period of the last 12 months amounting to 10.27. The Price to Book ratio for the last quarter was 4.60, with the Price to Cash per share for the same quarter was set at 1.05. Price to Free Cash Flow for ZI in the course of the last twelve months was 32.74 with Quick ratio for the last quarter at 1.30.

How has ZI stock performed recently?

ZoomInfo Technologies Inc. [ZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.72. With this latest performance, ZI shares dropped by -10.23% in over the last four-week period, additionally sinking by -31.49% over the last 6 months – not to mention a drop of -53.77% 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 32.69, with the RSI for the last a single of trading hit 26.62, and the three-weeks RSI is set at 35.77 for ZoomInfo Technologies Inc. [ZI]. The present Moving Average for the last 50 days of trading for this stock 30.48, while it was recorded at 27.67 for the last single week of trading, and 40.73 for the last 200 days.

ZoomInfo Technologies Inc. [ZI]: Deeper insight into the fundamentals

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 1.30 and a Current Ratio set at 1.30.

Earnings analysis for ZoomInfo Technologies Inc. [ZI]

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%.

Insider trade positions for ZoomInfo Technologies Inc. [ZI]

There are presently around $8,613 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 1.50% of the total institutional ownership; VANGUARD GROUP INC, holding 28,188,768 shares of the stock with an approximate value of $707.82 million in ZI stocks shares; and MORGAN STANLEY, currently with $615.35 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 February and at the time of the February reporting period, where 260 institutional holders increased their position in ZoomInfo Technologies Inc. [NASDAQ:ZI] by around 49,914,865 shares. Additionally, 158 investors decreased positions by around 75,398,508 shares, while 36 investors held positions by with 217,701,020 shares. The mentioned changes placed institutional holdings at 343,014,393 shares, according to the latest SEC report filing. ZI stock had 96 new institutional investments in for a total of 9,514,304 shares, while 41 institutional investors sold positions of 2,644,145 shares during the same period.

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