In the last trading session, 6.43 million ZoomInfo Technologies Inc (NASDAQ:ZI) shares changed hands as the company’s beta touched 1.02. With the company’s per share price at $8.71 changed hands at -$0.08 or -0.91% during last session, the market valuation stood at $2.95B. ZI’s last price was a discount, traded about -94.95% off its 52-week high of $16.98. The share price had its 52-week low at $7.01, which suggests the last value was 19.52% up since then. When we look at ZoomInfo Technologies Inc’s average trading volume, we note the 10-day average is 5.6 million shares, with the 3-month average coming to 6.90 million.
Analysts gave the ZoomInfo Technologies Inc (ZI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.96. If we narrow down to specifics, the data shows that 1 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ZI as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. ZoomInfo Technologies Inc’s EPS for the current quarter is expected to be 0.22.
ZoomInfo Technologies Inc (NASDAQ:ZI) trade information
Instantly ZI was in red as seen at the end of in last trading. With action 13.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -17.13%, with the 5-day performance at 13.56% in the green. However, in the 30-day time frame, ZoomInfo Technologies Inc (NASDAQ:ZI) is -19.43% down. Looking at the short shares, we see there were 19.09 million shares sold at short interest cover period of 2.75 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10.5, meaning bulls need an upside of 17.05% from its current market value. According to analyst projections, ZI’s forecast low is 10 with 11 as the target high. To hit the forecast high, the stock’s price needs a -26.29% plunge from its current level, while the stock would need to soar -14.81% for it to hit the projected low.
ZoomInfo Technologies Inc (ZI) estimates and forecasts
Year-over-year growth is forecast to reach -1.87% down from the last financial year.
Consensus estimates given by 19 financial analysts project the company’s revenue in the current quarter to hit an average of 295.6M. 19 analysts are of the opinion that ZoomInfo Technologies Inc’s revenue for the current quarter will be 292.99M. The company’s revenue for the corresponding quarters a year ago was 310.1M and 291.5M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.68%. The estimates for the next quarter sales put growth at 0.51%.
The 2025 estimates are for ZoomInfo Technologies Inc earnings to decrease by -0.45%, but the outlook for the next 5-year period is at 3.13% per year.
ZI Dividends
ZoomInfo Technologies Inc is expected to release its next quarterly earnings report on 2025-Feb-24.
ZoomInfo Technologies Inc (NASDAQ:ZI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 11.02% of ZoomInfo Technologies Inc shares while 90.73% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.97%.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . With 9.11 shares estimated at $79.34 million under it, the former controlled 2.69% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 2.61% of the shares, roughly 8.85 shares worth around $77.06 million.
