ZoomInfo Technologies Inc. (NASDAQ:ZI) Plunging -32.30% In 6 Months – Here’s What To Expect

Best AI Stocks

ZoomInfo Technologies Inc. (NASDAQ:ZI)’s traded shares stood at 1.83 million during the latest session, with the company’s beta value hitting 1.04. At the last check today, the stock’s price was $10.77, to imply an increase of 5.33% or $0.55 in intraday trading. The ZI share’s 52-week high remains $19.39, putting it -80.04% down since that peak but still an impressive 28.97% since price per share fell to its 52-week low of $7.65. The company has a valuation of $3.93B, with an average of 5.23 million shares in intraday trading volume over the past 10 days and average of 7.28 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ZoomInfo Technologies Inc. (ZI), translating to a mean rating of 2.64. Of 14 analyst(s) looking at the stock, 1 analyst(s) give ZI a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.22.

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

ZoomInfo Technologies Inc. (NASDAQ:ZI) trade information

After registering a 5.33% upside in the latest session, ZoomInfo Technologies Inc. (ZI) has traded red over the past five days. The 5-day price performance for the stock is 12.72%, and 21.36% over 30 days. With these gigs, the year-to-date price performance is -41.78%. Short interest in ZoomInfo Technologies Inc. (NASDAQ:ZI) saw shorts transact 27.15 million shares and set a 2.95 days time to cover.

The extremes give us $7 and $78 for target low and target high price respectively. As such, ZI has been trading -624.23% off suggested target high and 35.0% from its likely low.

ZoomInfo Technologies Inc. (ZI) estimates and forecasts

Looking at statistics comparing ZoomInfo Technologies Inc. share performance against respective industry, we note that the company has underperformed competitors. ZoomInfo Technologies Inc. (ZI) shares are -32.30% down over the last 6 months, with its year-to-date growth rate lower than industry average at -12.87% against 0.60%. Revenue is forecast to shrink -15.40% this quarter before falling -11.50% for the next one. The rating firms project that company’s revenue will shrink -3.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 20 analysts is 299.38M. Meanwhile, for the current quarter, a total of 20 analyst(s) estimate revenue growth to 296.87M.Earnings reports from the last fiscal year show that sales brought in 311.75M and 316.4M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -4.00% before dropping -6.20% in the following quarter.

ZI Dividends

ZoomInfo Technologies Inc. has its next earnings report out on 2024-Aug-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

ZoomInfo Technologies Inc. (NASDAQ:ZI)’s Major holders

ZoomInfo Technologies Inc. insiders hold 10.42% of total outstanding shares, with institutional holders owning 90.88% of the shares at 101.45% float percentage. In total, 90.88% institutions holds shares in the company.