Market Analysts see ZoomInfo Technologies Inc [ZI] falling to $9. Time to buy?

ZoomInfo Technologies Inc [NASDAQ: ZI] traded at a low on Monday, posting a -0.35 loss after which it closed the day’ session at $11.29.

The results of the trading session contributed to over 12316895 shares changing hands. Over the past one week, the price volatility of ZoomInfo Technologies Inc stands at 3.73% while the volatility over the past one month is 3.44%.

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The market cap for ZI stock reached $4.23 billion, with 384.83 million shares outstanding and 288.47 million shares in the current float. Compared to the average trading volume of 7.55M shares, ZI reached a trading volume of 12316895 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 $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 2.71. 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 0.36, with the Price to Sales ratio for ZI stock in the period of the last 12 months amounting to 3.43. The Price to Book ratio for the last quarter was 2.22, with the Price to Cash per share for the same quarter was set at 1.07. Price to Free Cash Flow for ZI in the course of the last twelve months was 10.29 with Quick ratio for the last quarter at 0.97.

How has ZI stock performed recently?

ZoomInfo Technologies Inc [ZI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.12. With this latest performance, ZI shares gained by 14.04% in over the last four-week period, additionally sinking by -32.07% over the last 6 months – not to mention a drop of -11.59% 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 66.73, with the RSI for the last a single of trading hit 72.08, and the three-weeks RSI is set at 62.05 for ZoomInfo Technologies Inc [ZI]. The present Moving Average for the last 50 days of trading for this stock 10.21, while it was recorded at 11.01 for the last single week of trading, and 12.96 for the last 200 days.

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

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.

Earnings analysis for ZoomInfo Technologies Inc [ZI]

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 4.68%.

Insider trade positions for ZoomInfo Technologies Inc [ZI]

There are presently around $90.03%, or 100.49%% of ZI stock, in the hands of institutional investors.

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