In today’s recent session, 2.88 million shares of the ZoomInfo Technologies Inc (NASDAQ:ZI) have been traded, and its beta is 1.01. Most recently the company’s share price was $10.77, and it changed around $0.87 or 8.79% from the last close, which brings the market valuation of the company to $3.70B. ZI at last check was trading at a discount to its 52-week high of $19.39, offering almost -80.04% off that amount. The share price’s 52-week low was $7.65, which indicates that the recent value has risen by an impressive 28.97% since then. We note from ZoomInfo Technologies Inc’s average daily trading volume that its 10-day average is 14.57 million shares, with the 3-month average coming to 7.64 million.
ZoomInfo Technologies Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.72. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 13 recommended ZI as a Hold, whereas 4 deemed it a Buy, and 3 rated it as Underweight. ZoomInfo Technologies Inc is expected to report earnings per share of 0.23 for the current quarter.
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
Instantly ZI has been showing a green trend so far today with a performance of 8.79% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.78 on recent trading dayincreased the stock’s daily price by 0.09%. The company’s shares are currently down -41.75% year-to-date, but still up 2.28% over the last five days. On the other hand, ZoomInfo Technologies Inc (NASDAQ:ZI) is 2.67% up in the 30-day period. We can see from the shorts that 41.5 million shares have been sold at a short interest cover period of 6.29 day(s).
The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 40.17% from its current value. Analyst projections state that ZI is forecast to be at a low of $7 and a high of $78.
ZoomInfo Technologies Inc (ZI) estimates and forecasts
ZoomInfo Technologies Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -18.41 percent over the past six months and at a -8.91% annual growth rate that is well below the industry average of 16.60%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -12.76% in revenue this quarter, and will report a decrease of -11.23% in the next quarter. The year-over-year growth rate is expected to be -2.98%, down from the previous year.
Consensus estimates provided by 21 financial analysts predict the company will bring in an average of 297.64M in revenue for the current quarter. 21 analysts expect ZoomInfo Technologies Inc to make 293.43M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 316.4M and 310.1M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -5.93%. Forecasts for the next quarter put sales growth at -5.38%.
ZoomInfo Technologies Inc earnings are expected to increase by -7.81% in 2024, but the outlook is positive 12.34% per year for the next five years.
ZI Dividends
ZoomInfo Technologies Inc’s next quarterly earnings report is expected to be released in December.
ZoomInfo Technologies Inc (NASDAQ:ZI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 11.07% of ZoomInfo Technologies Inc shares, and 89.25% of them are in the hands of institutional investors. The stock currently has a share float of 100.36%.
Fidelity Advisor Growth Opportunities Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 11.91 shares worth $128.12 million, making up 3.47% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 10.12 shares worth around $108.82 million, which represents about 2.95% of the total shares outstanding.
