In today’s recent session, 0.94 million shares of the ZoomInfo Technologies Inc (NASDAQ:ZI) have been traded, and its beta is 1.06. Most recently the company’s share price was $8.27, and it changed around $0.27 or 3.31% from the last close, which brings the market valuation of the company to $2.80B. ZI at last check was trading at a discount to its 52-week high of $16.98, offering almost -105.32% off that amount. The share price’s 52-week low was $7.01, which indicates that the recent value has risen by an impressive 15.24% since then. We note from ZoomInfo Technologies Inc’s average daily trading volume that its 10-day average is 8.13 million shares, with the 3-month average coming to 6.99 million.
ZoomInfo Technologies Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.96. If we narrow it down even further, the data shows that 2 out of 24 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 14 recommended ZI as a Hold, whereas 3 deemed it a Buy, and 3 rated it as Underweight. ZoomInfo Technologies Inc is expected to report earnings per share of 0.22 for the current quarter.
ZoomInfo Technologies Inc (NASDAQ:ZI) trade information
Instantly ZI has been showing a green trend so far today with a performance of 3.31% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.84 on recent trading dayincreased the stock’s daily price by 6.45%. The company’s shares are currently down -21.36% year-to-date, but still up 11.54% over the last five days. On the other hand, ZoomInfo Technologies Inc (NASDAQ:ZI) is -21.88% down in the 30-day period. We can see from the shorts that 15.09 million shares have been sold at a short interest cover period of 2.3 day(s).
The consensus price target as assigned by Wall Street analysts is $10.5, which translates to bulls needing to increase their stock price by 21.24% from its current value. Analyst projections state that ZI is forecast to be at a low of $10 and a high of $11.
ZoomInfo Technologies Inc (ZI) estimates and forecasts
The year-over-year growth rate is expected to be -1.65%, down from the previous year.
Consensus estimates provided by 21 financial analysts predict the company will bring in an average of 295.6M in revenue for the current quarter. 21 analysts expect ZoomInfo Technologies Inc to make 293.41M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 310.1M and 291.5M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.68%. Forecasts for the next quarter put sales growth at 0.66%.
ZoomInfo Technologies Inc earnings are expected to increase by -0.26% in 2025, but the outlook is positive 3.29% per year for the next five years.
ZI Dividends
ZoomInfo Technologies Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24.
ZoomInfo Technologies Inc (NASDAQ:ZI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 11.02% of ZoomInfo Technologies Inc shares, and 90.94% of them are in the hands of institutional investors. The stock currently has a share float of 102.21%.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.11 shares worth $75.15 million, making up 2.69% of all outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held roughly 8.85 shares worth around $72.99 million, which represents about 2.61% of the total shares outstanding.
