The price of ZoomInfo Technologies Inc. (NASDAQ: ZI) closed at $23.07 in the last session, down -5.10% from day before closing price of $24.31. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 4272011 shares were traded. ZI stock price reached its highest trading level at $24.50 during the session, while it also had its lowest trading level at $23.04.
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We take a closer look at ZI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 22 when Hays Joseph Christopher sold 30,000 shares for $25.03 per share. The transaction valued at 750,972 led to the insider holds 581,171 shares of the business.
Hyzer Peter Cameron sold 10,000 shares of ZI for $220,904 on May 03. The Chief Financial Officer now owns 1,177,455 shares after completing the transaction at $22.09 per share. On Feb 08, another insider, Schuck Henry, who serves as the Chief Executive Officer of the company, sold 1,000,000 shares for $28.28 each. As a result, the insider received 28,284,462 and left with 12,288,001 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZI now has a Market Capitalization of 8.88B and an Enterprise Value of 9.58B. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 91.91, and their Forward P/E ratio for the next fiscal year is 19.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.05 while its Price-to-Book (P/B) ratio in mrq is 4.01. Its current Enterprise Value per Revenue stands at 8.28 whereas that against EBITDA is 25.34.
Stock Price History:
Over the past 52 weeks, ZI has reached a high of $51.86, while it has fallen to a 52-week low of $20.33. The 50-Day Moving Average of the stock is 22.64, while the 200-Day Moving Average is calculated to be 31.40.
According to the various share statistics, ZI traded on average about 4.69M shares per day over the past 3-months and 4.44M shares per day over the past 10 days. A total of 403.41M shares are outstanding, with a floating share count of 295.74M. Insiders hold about 1.50% of the company’s shares, while institutions hold 90.10% stake in the company. Shares short for ZI as of Apr 27, 2023 were 9.54M with a Short Ratio of 9.33M, compared to 10.88M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.37% and a Short% of Float of 2.92%.
The company has 19 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.22, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.25, with high estimates of $0.26 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.01 and $0.99 for the fiscal current year, implying an average EPS of $1. EPS for the following year is $1.16, with 20 analysts recommending between $1.25 and $1.1.
According to 18 analysts, the current quarter’s revenue is expected to be $310.92M. It ranges from a high estimate of $311.94M to a low estimate of $310M. As of the current estimate, ZoomInfo Technologies Inc.’s year-ago sales were $267.1M, an estimated increase of 16.40% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $325.68M, an increase of 16.90% over than the figure of $16.40% in the same quarter last year. There is a high estimate of $328.37M for the next quarter, whereas the lowest estimate is $322M.
A total of 21 analysts have provided revenue estimates for ZI’s current fiscal year. The highest revenue estimate was $1.28B, while the lowest revenue estimate was $1.27B, resulting in an average revenue estimate of $1.28B. In the same quarter a year ago, actual revenue was $1.1B, up 16.50% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 18.30% from the average revenue estimate for this year.