ZoomInfo Technologies Inc. (NASDAQ: ZI) closed the day trading at $15.08 down -6.45% from the previous closing price of $16.12. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 9939495 shares were traded.
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 10.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.15. 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 5.69B and an Enterprise Value of 6.50B. As of this moment, ZoomInfo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.54, and their Forward P/E ratio for the next fiscal year is 13.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 5.24 whereas that against EBITDA is 12.63.
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 16.28, while the 200-Day Moving Average is calculated to be 17.84.
Shares Statistics:
Over the past 3-months, ZI traded about 6.74M shares per day on average, while over the past 10 days, ZI traded about 4.15M shares per day. A total of 384.83M shares are outstanding, with a floating share count of 284.48M. Insiders hold about 25.08% of the company’s shares, while institutions hold 73.75% stake in the company. Shares short for ZI as of Mar 15, 2024 were 14.11M with a Short Ratio of 2.09, compared to 18.25M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.72% and a Short% of Float of 4.65%.
Earnings Estimates
Current recommendations for the stock of the company come from 21 analysts. 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
21 analysts predict $308.74M in revenue for the current quarter. 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, 21 analysts are estimating revenue of $313.11M, 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 23 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 22 analysts’ estimates, the company’s revenue will be $1.38B 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.
