At the time of writing, ZoomInfo Technologies Inc. [ZI] stock is trading at $11.31, up 2.45%. An important factor to consider is whether the stock is rising or falling in short-term value. The ZI shares have lost -1.82% over the last week, with a monthly amount drifted -8.42%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
ZoomInfo Technologies Inc. [NASDAQ: ZI] stock has seen the most recent analyst activity on May 08, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $15 from $24. Previously, Mizuho downgraded its rating to Neutral on May 08, 2024, and dropped its price target to $14. On May 08, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $12 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $20 on March 21, 2024. Citigroup downgraded its rating to a Sell and reduced its price target to $13 on February 08, 2024. Jefferies started tracking with a Buy rating for this stock on February 07, 2024, and assigned it a price target of $20. In a note dated February 01, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $24 to $20.
For the past year, the stock price of ZoomInfo Technologies Inc. fluctuated between $11.03 and $26.23. Currently, Wall Street analysts expect the stock to reach $39.5 within the next 12 months. ZoomInfo Technologies Inc. [NASDAQ: ZI] shares were valued at $11.31 at the most recent close of the market. An investor can expect a potential return of 249.25% based on the average ZI price forecast.
Analyzing the ZI fundamentals
According to ZoomInfo Technologies Inc. [NASDAQ:ZI], the company’s sales were 1.25B for trailing twelve months, which represents an 3.13% jump. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.93 points at the first support level, and at 10.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.59, and for the 2nd resistance point, it is at 11.87.
Ratios To Look Out For
It is important to note that ZoomInfo Technologies Inc. [NASDAQ:ZI] has a current ratio of 1.11. On the other hand, the Quick Ratio is 1.11, and the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 3.39, the price to book ratio is 2.12 and price to earnings (TTM) ratio is 57.59.
Transactions by insiders
Recent insider trading involved Hyzer Peter Cameron, Chief Financial Officer, that happened on Jul 09 ’24 when 7500.0 shares were sold. Chief Financial Officer, Hyzer Peter Cameron completed a deal on Jun 13 ’24 to sell 7500.0 shares. Meanwhile, Director MADER MARK PATRICK sold 3112.0 shares on Jun 13 ’24.
