ZoomInfo Technologies Inc. [ZI] Revenue clocked in at $1.23 billion, down -42.56% YTD: What’s Next?

ZoomInfo Technologies Inc. [NASDAQ: ZI] gained 3.91% or 0.4 points to close at $10.62 with a heavy trading volume of 10871034 shares.

The daily chart for ZI points out that the company has recorded -33.21% loss over the past six months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If we look at the average trading volume of 7.28M shares, ZI reached to a volume of 10871034 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 $11.08 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 2.64. 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.

Daiwa Securities have made an estimate for ZoomInfo Technologies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 13, 2024. The new note on the price target was released on August 06, 2024, representing the official price target for ZoomInfo Technologies Inc. stock. On August 06, 2024, analysts decreased their price target for ZI shares from 20 to 9.50.

The Average True Range (ATR) for ZoomInfo Technologies Inc. is set at 0.43, with the Price to Sales ratio for ZI stock in the period of the last 12 months amounting to 3.15. The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 1.09. Price to Free Cash Flow for ZI in the course of the last twelve months was 9.44 with Quick ratio for the last quarter at 0.97.

Trading performance analysis for ZI stock

ZoomInfo Technologies Inc. [ZI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.20. With this latest performance, ZI shares gained by 19.73% in over the last four-week period, additionally sinking by -33.21% over the last 6 months – not to mention a drop of -38.15% 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 61.24, with the RSI for the last a single of trading hit 71.81, and the three-weeks RSI is set at 54.62 for ZoomInfo Technologies Inc. [ZI]. The present Moving Average for the last 50 days of trading for this stock 10.38, while it was recorded at 9.99 for the last single week of trading, and 14.08 for the last 200 days.

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

ZoomInfo Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 0.97.

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

With the latest financial reports released by the company, ZoomInfo Technologies Inc. posted 0.26/share EPS, while the average EPS was predicted by analysts to be reported at 0.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. 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 6.54%.

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

There are presently around $90.89%, or 101.46%% of ZI stock, in the hands of institutional investors.