Market Insight: ZoomInfo Technologies Inc (ZI)’s Notable Drop, Closing at 9.61

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In the latest session, ZoomInfo Technologies Inc (NASDAQ: ZI) closed at $9.61 down -5.23% from its previous closing price of $10.14. In other words, the price has decreased by -$5.23 from its previous closing price. On the day, 13.4 million shares were traded. ZI stock price reached its highest trading level at $10.08 during the session, while it also had its lowest trading level at $9.51.

Ratios:

For a deeper understanding of ZoomInfo Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.93. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3510340608 and an Enterprise Value of 4510973952. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 358.58, and their Forward P/E ratio for the next fiscal year is 10.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 3.693 whereas that against EBITDA is 18.503.

Stock Price History:

Over the past 52 weeks, ZI has reached a high of $18.69, while it has fallen to a 52-week low of $7.65. The 50-Day Moving Average of the stock is -11.49%, while the 200-Day Moving Average is calculated to be -18.20%.

Shares Statistics:

For the past three months, ZI has traded an average of 8.93M shares per day and 7576760 over the past ten days. A total of 342.91M shares are outstanding, with a floating share count of 272.31M. Insiders hold about 20.69% of the company’s shares, while institutions hold 77.70% stake in the company. Shares short for ZI as of 1734048000 were 32034664 with a Short Ratio of 3.59, compared to 1731628800 on 39577260. Therefore, it implies a Short% of Shares Outstanding of 32034664 and a Short% of Float of 10.26.

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