Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of ZoomInfo Technologies Inc. (NASDAQ: ZI) was $15.89 for the day, up 0.32% from the previous closing price of $15.84. In other words, the price has increased by $0.32 from its previous closing price. On the day, 1.83 million shares were traded. ZI stock price reached its highest trading level at $16.0 during the session, while it also had its lowest trading level at $15.685.
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 11.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.91. 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:
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 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 11333558272 and an Enterprise Value of 6815872512. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.58, and their Forward P/E ratio for the next fiscal year is 14.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 5.499 whereas that against EBITDA is 21.895.
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 -2.27%, while the 200-Day Moving Average is calculated to be -7.44%.
Shares Statistics:
ZI traded an average of 6.34M shares per day over the past three months and 3946990 shares per day over the past ten days. A total of 384.83M shares are outstanding, with a floating share count of 343.00M. Insiders hold about 9.67% of the company’s shares, while institutions hold 73.41% stake in the company. Shares short for ZI as of 1711584000 were 13158911 with a Short Ratio of 2.08, compared to 1709164800 on 16418941. Therefore, it implies a Short% of Shares Outstanding of 13158911 and a Short% of Float of 3.8.
