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The closing price of ZoomInfo Technologies Inc (NASDAQ: ZI) was $10.97 for the day, down -2.05% from the previous closing price of $11.20. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 4.12 million shares were traded. ZI stock price reached its highest trading level at $11.24 during the session, while it also had its lowest trading level at $10.94.
Ratios:
Our analysis of ZI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.34. 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 this company, Scotiabank on November 19, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $10.30.
On August 13, 2024, Daiwa Securities Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $15 to $9.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 4007121664 and an Enterprise Value of 4977955328. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 409.33, and their Forward P/E ratio for the next fiscal year is 11.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 38.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.08 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 4.075 whereas that against EBITDA is 20.418.
Stock Price History:
Over the past 52 weeks, ZI has reached a high of $19.39, while it has fallen to a 52-week low of $7.65. The 50-Day Moving Average of the stock is 2.94%, while the 200-Day Moving Average is calculated to be -11.44%.
Shares Statistics:
ZI traded an average of 8.46M shares per day over the past three months and 10155150 shares per day over the past ten days. A total of 342.91M shares are outstanding, with a floating share count of 276.09M. Insiders hold about 19.59% of the company’s shares, while institutions hold 77.69% stake in the company. Shares short for ZI as of 1731628800 were 39577260 with a Short Ratio of 4.68, compared to 1728950400 on 35940105. Therefore, it implies a Short% of Shares Outstanding of 39577260 and a Short% of Float of 12.67.