The price of ZoomInfo Technologies Inc. (NASDAQ: ZI) closed at $16.87 in the last session, up 0.66% from day before closing price of $16.76. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 2981167 shares were traded. ZI stock price reached its highest trading level at $16.88 during the session, while it also had its lowest trading level at $16.47.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
We take a closer look at ZI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.83. 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 the company, Citigroup on February 08, 2024, Downgraded its rating to Sell and sets its target price to $13 from $20 previously.
On February 07, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $20.
Morgan Stanley Downgraded its Overweight to Equal-Weight on February 01, 2024, whereas the target price for the stock was revised from $24 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 04 when Dasdan Ali sold 5,007 shares for $14.69 per share. The transaction valued at 73,577 led to the insider holds 50,953 shares of the business.
Dasdan Ali sold 11,977 shares of ZI for $206,800 on Sep 14. The Chief Technology Officer now owns 35,929 shares after completing the transaction at $17.27 per share. On Sep 05, another insider, Cadambi Sriprasadh, who serves as the Chief Accounting Officer of the company, sold 9,218 shares for $18.16 each. As a result, the insider received 167,399 and left with 0 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 6.41B and an Enterprise Value of 7.21B. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.25, and their Forward P/E ratio for the next fiscal year is 15.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17 while its Price-to-Book (P/B) ratio in mrq is 3.06. Its current Enterprise Value per Revenue stands at 5.82 whereas that against EBITDA is 14.01.
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 16.75, while the 200-Day Moving Average is calculated to be 18.87.
Shares Statistics:
According to the various share statistics, ZI traded on average about 7.73M shares per day over the past 3-months and 4.27M shares per day over the past 10 days. A total of 384.83M shares are outstanding, with a floating share count of 286.95M. Insiders hold about 24.43% of the company’s shares, while institutions hold 73.88% stake in the company. Shares short for ZI as of Feb 15, 2024 were 18.25M with a Short Ratio of 2.36, compared to 13.25M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.81% and a Short% of Float of 6.01%.
Earnings Estimates
The company has 21 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.21, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.25, with high estimates of $0.27 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.04 and $0.9 for the fiscal current year, implying an average EPS of $1. EPS for the following year is $1.09, with 21 analysts recommending between $1.23 and $0.97.
Revenue Estimates
According to 20 analysts, the current quarter’s revenue is expected to be $308.78M. It ranges from a high estimate of $310.32M to a low estimate of $307.6M. As of the current estimate, ZoomInfo Technologies Inc.’s year-ago sales were $300.33M, an estimated increase of 2.80% from the year-ago figure. For the next quarter, 20 analysts are estimating revenue of $313.14M, an increase of 0.70% less than the figure of $2.80% in the same quarter last year. There is a high estimate of $318M for the next quarter, whereas the lowest estimate is $309.1M.
A total of 22 analysts have provided revenue estimates for ZI’s current fiscal year. The highest revenue estimate was $1.28B, while the lowest revenue estimate was $1.27B, resulting in an average revenue estimate of $1.27B. In the same quarter a year ago, actual revenue was $1.24B, up 2.60% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $1.39B in the next fiscal year. The high estimate is $1.48B and the low estimate is $1.33B. The average revenue growth estimate for next year is up 8.90% from the average revenue estimate for this year.
