ZoomInfo Technologies Inc. (ZI) Stock Down -0.30%: Latest Performance Analysis

At the time of writing, ZoomInfo Technologies Inc. [ZI] stock is trading at $9.89, down -0.30%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZI shares have gain 1.75% over the last week, with a monthly amount glided 0.92%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

ZoomInfo Technologies Inc. [NASDAQ: ZI] stock has seen the most recent analyst activity on August 13, 2024, when Daiwa Securities downgraded its rating to a Neutral and also revised its price target to $9 from $15. Previously, Raymond James downgraded its rating to Mkt Perform on August 06, 2024. On August 06, 2024, downgrade downgraded it’s rating to Sector Weight. DA Davidson downgraded its rating to a Neutral and decreased its price target to $9.50 on August 06, 2024. BofA Securities downgraded its rating to a Underperform and reduced its price target to $8 on August 06, 2024. Piper Sandler downgraded its rating to Neutral for this stock on May 08, 2024, and downed its price target to $15. In a note dated May 08, 2024, Mizuho downgraded an Neutral rating on this stock and revised its target price from $23 to $14.

For the past year, the stock price of ZoomInfo Technologies Inc. fluctuated between $7.65 and $19.39. Currently, Wall Street analysts expect the stock to reach $28.2 within the next 12 months. ZoomInfo Technologies Inc. [NASDAQ: ZI] shares were valued at $9.89 at the most recent close of the market. An investor can expect a potential return of 185.14% based on the average ZI price forecast.

Analyzing the ZI fundamentals

According to ZoomInfo Technologies Inc. [NASDAQ:ZI], the company’s sales were 1.23B for trailing twelve months, which represents an -5.54% plunge. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.

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 9.71 points at the first support level, and at 9.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.10, and for the 2nd resistance point, it is at 10.30.

Ratios To Look Out For

It is important to note that ZoomInfo Technologies Inc. [NASDAQ:ZI] has a current ratio of 0.97. In addition, the Quick Ratio stands at 0.97 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 1.95 and price to earnings (TTM) ratio is 275.49.

Transactions by insiders

Recent insider trading involved CP VI Evergreen Holdings, L.P., Stockholder, that happened on Oct 01 ’24 when 4.51 million shares were purchased. Stockholder, Carlyle Partners VI Evergreen completed a deal on Oct 01 ’24 to buy 4.49 million shares. Meanwhile, Chief Technology Officer Dasdan Ali sold 4898.0 shares on Sep 06 ’24.

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