Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
ZoomInfo Technologies Inc. (NASDAQ: ZI) closed the day trading at $15.77 up 1.74% from the previous closing price of $15.50. In other words, the price has increased by $1.74 from its previous closing price. On the day, 3.77 million shares were traded. ZI stock price reached its highest trading level at $15.9 during the session, while it also had its lowest trading level at $15.43.
Ratios:
For a better understanding of ZI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.62.
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 this company, KeyBanc Capital Markets on March 21, 2024, initiated with a Overweight rating and assigned the stock a target price of $20.
On February 08, 2024, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $20 to $13.
On February 07, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $20.Jefferies initiated its Buy rating on February 07, 2024, with a $20 target price.
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 Mar 04 ’24 when Dasdan Ali sold 6,334 shares for $16.56 per share. The transaction valued at 104,916 led to the insider holds 69,954 shares of the business.
Dasdan Ali sold 5,007 shares of ZI for $73,577 on Dec 04 ’23. The Chief Technology Officer now owns 50,953 shares after completing the transaction at $14.69 per share. On Sep 14 ’23, another insider, Dasdan Ali, who serves as the Chief Technology Officer of the company, sold 11,977 shares for $17.27 each. As a result, the insider received 206,800 and left with 35,929 shares of the company.
Valuation Measures:
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 11340743680 and an Enterprise Value of 6770308096. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.13, and their Forward P/E ratio for the next fiscal year is 14.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 5.462 whereas that against EBITDA is 21.749.
Stock Price History:
Over the past 52 weeks, ZI has reached a high of $30.16, while it has fallen to a 52-week low of $12.36. The 50-Day Moving Average of the stock is -2.82%, while the 200-Day Moving Average is calculated to be -9.17%.
Shares Statistics:
Over the past 3-months, ZI traded about 6.42M shares per day on average, while over the past 10 days, ZI traded about 5023470 shares per day. A total of 384.83M shares are outstanding, with a floating share count of 284.46M. Insiders hold about 25.08% of the company’s shares, while institutions hold 73.47% stake in the company. Shares short for ZI as of 1711584000 were 13158911 with a Short Ratio of 2.05, compared to 1709164800 on 16418941. Therefore, it implies a Short% of Shares Outstanding of 13158911 and a Short% of Float of 3.8.
Earnings Estimates
At present, C3.ai, Inc. analysts are actively evaluating the performance of ZoomInfo Technologies Inc. (ZI) in the stock market.The consensus estimate for the next quarter is $9.86, with high estimates of $59.94 and low estimates of $29.18.
Analysts are recommending an EPS of between $Technology and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Industrials.
