ZoomInfo Technologies Inc [ZI] stock is trading at $13.08, up 3.40%. An important factor to consider is whether the stock is rising or falling in short-term value. The ZI shares have gain 16.89% over the last week, with a monthly amount glided 27.24%, 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.
ZoomInfo Technologies Inc [ZI] stock has fluctuated between $7.65 and $19.39 over the past year. 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 $13.08 at the most recent close of the market. An investor can expect a potential return of 115.6% based on the average ZI price forecast.
Analyzing the ZI fundamentals
ZoomInfo Technologies Inc [NASDAQ:ZI] reported sales of 1.23B for the trailing twelve months, which represents a drop of -5.54%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
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 12.68 points at the first support level, and at 12.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.43, and for the 2nd resistance point, it is at 13.79.
Ratios To Look Out For
For context, ZoomInfo Technologies Inc’s Current Ratio is 0.97. On the other hand, the Quick Ratio is 0.97, and the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 3.88, the price to book ratio is 2.58 and price to earnings (TTM) ratio is 364.35.
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.
