The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $10.17 in the prior trading day, ZoomInfo Technologies Inc (NASDAQ: ZI) closed at $9.90, down -2.65%. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 5.0 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on January 07, 2025, Downgraded its rating to Equal Weight and sets its target price to $11 from $14 previously.
On January 06, 2025, Piper Sandler Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $11 to $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when Winn David Randall sold 290,541 shares for $11.06 per share. The transaction valued at 3,213,965 led to the insider holds 1,266,807 shares of the business.
Winn David Randall sold 209,459 shares of ZI for $2,309,265 on Dec 04 ’24. The Director now owns 1,057,348 shares after completing the transaction at $11.02 per share. On Dec 03 ’24, another insider, Dasdan Ali, who serves as the Chief Technology Officer of the company, sold 4,898 shares for $11.01 each. As a result, the insider received 53,912 and left with 118,659 shares of the company.
Valuation Measures:
As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 369.40, and their Forward P/E ratio for the next fiscal year is 10.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 2.03.
Stock Price History:
Over the past 52 weeks, ZI has reached a high of $17.89, while it has fallen to a 52-week low of $7.65. The 50-Day Moving Average of the stock is -4.36%, while the 200-Day Moving Average is calculated to be -9.60%.
Shares Statistics:
A total of 342.91M shares are outstanding, with a floating share count of 299.65M. Insiders hold about 12.73% of the company’s shares, while institutions hold 86.28% stake in the company.