NASDAQ:ZI

ZoomInfo Technologies (ZI) Stock Forecast, Price & News

$16.40

+0.06 (+0.37%)

(As of 09/29/2023 ET)

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Today's Range: $16.32
▼
$16.79
50-Day Range: $15.73
▼
$25.82
52-Week Range: $15.53
▼
$48.76

Volume: 4.06 million shs
Average Volume: 5.66 million shs
Market Capitalization: $6.58 billion

P/E Ratio: 54.67
Dividend Yield: N/A
Price Target: $27.30

ZoomInfo Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 66.5% Upside
$27.30 Price Target
Short Interest: Healthy
2.68% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.07
Based on 8 Articles This Week
Insider Trading: Selling Shares
$461,443 Sold Last Quarter
Proj. Earnings Growth: 7.94%
From $0.63 to $0.68 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Computer And Technology Sector

47th out of 607 stocks

Prepackaged Software Industry

8th out of 210 stocks

4.3

Analyst's Opinion

Consensus Rating
ZoomInfo Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 12 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.30, ZoomInfo Technologies has a forecasted upside of 66.5% from its current price of $16.40.
Amount of Analyst Coverage
ZoomInfo Technologies has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.68% of the outstanding shares of ZoomInfo Technologies have been sold short.
Short Interest Ratio / Days to Cover
ZoomInfo Technologies has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ZoomInfo Technologies has recently increased by 4.36%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
ZoomInfo Technologies does not currently pay a dividend.
Dividend Growth
ZoomInfo Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ZI.

3.4

News and Social Media Coverage

News Sentiment
ZoomInfo Technologies has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for ZoomInfo Technologies this week, compared to 5 articles on an average week.
Search Interest
Only 14 people have searched for ZI on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
MarketBeat Follows
12 people have added ZoomInfo Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ZoomInfo Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $461,443.00 in company stock.
Percentage Held by Insiders
Only 8.10% of the stock of ZoomInfo Technologies is held by insiders.
Percentage Held by Institutions
89.59% of the stock of ZoomInfo Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for ZoomInfo Technologies are expected to grow by 7.94% in the coming year, from $0.63 to $0.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ZoomInfo Technologies is 54.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of ZoomInfo Technologies is 54.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 227.95.
Price to Earnings Growth Ratio
ZoomInfo Technologies has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ZoomInfo Technologies has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ZoomInfo Technologies (NASDAQ:ZI) Stock

ZoomInfo Technologies Inc., through its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle. It serves enterprises, mid-market companies, and down to small businesses that operate in various industry verticals, including software, business services, manufacturing, telecommunications, financial services, retail, media and internet, transportation, education, hospitality, and real estate. ZoomInfo Technologies Inc. was founded in 2007 and is headquartered in Vancouver, Washington.

ZI Price History

30 days | 90 days | 365 days | Advanced Chart

ZI Stock News Headlines

September 22, 2023 | marketbeat.com

Analysts Went All In On These Computer Stocks, Save Your Spot

As the computer industry begins to find a potential bottom, these stocks stand as clear outliers enjoying all the love from analysts and broader markets

September 20, 2023 | finance.yahoo.com

ZoomInfo Earns 101 #1 Rankings and 254 Leader Ratings in G2’s Fall 2023 Report

October 1, 2023 | Chaikin Analytics (Ad)

Forget NVDA. Buy this A.I. stock instead

Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...

September 14, 2023 | forbes.com

ZoomInfo Shares Struggle As Reduced Demand From The Software Sector Weighs On Growth

September 11, 2023 | finance.yahoo.com

Insider Sell: Sriprasadh Cadambi Sells 15,257 Shares of ZoomInfo Technologies Inc

September 11, 2023 | finance.yahoo.com

15 Worst Performing Growth Stocks in 2023

September 8, 2023 | benzinga.com

Massive Insider Trade At ZoomInfo Technologies

September 8, 2023 | finance.yahoo.com

ZoomInfo's software, business enterprises are 'tale of two universes': CEO

October 1, 2023 | Chaikin Analytics (Ad)

Forget NVDA. Buy this A.I. stock instead

Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...

September 7, 2023 | finance.yahoo.com

ZoomInfo Partners with The Trade Desk to Expand Digital Media Buying Capabilities

September 6, 2023 | finance.yahoo.com

ZoomInfo Executives to Host Go-To-Market Event Series in San Francisco During Dreamforce 2023

September 5, 2023 | msn.com

Citigroup Initiates Coverage of ZoomInfo Technologies (ZI) with Neutral Recommendation

September 3, 2023 | finance.yahoo.com

ZoomInfo Technologies Inc.'s (NASDAQ:ZI) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

August 25, 2023 | bizjournals.com

Human Intelligence: ZoomInfo's AI guru on ChatGPT's promise and limits

August 22, 2023 | finance.yahoo.com

Should You Consider Adding ZoomInfo Technologies (ZI) to Your Portfolio?

August 3, 2023 | finance.yahoo.com

Shareholders in ZoomInfo Technologies (NASDAQ:ZI) have lost 60%, as stock drops 28% this past week

August 3, 2023 | au.investing.com

ZoomInfo cut to Peer Perform at Wolfe following 2Q miss and sell-off

August 1, 2023 | msn.com

Why ZoomInfo Technologies Stock Tumbled Today

August 1, 2023 | seekingalpha.com

ZoomInfo: Crumbling Trends

August 1, 2023 | seekingalpha.com

ZoomInfo Earnings: Downward Revised Outlook Spells Trouble

August 1, 2023 | benzinga.com

ZoomInfo Reports Mixed Second Quarter Earnings, Announces Share Repurchase Program

August 1, 2023 | finance.yahoo.com

ZoomInfo Technologies (ZI) Q2 2023 Earnings Call Transcript

July 31, 2023 | seekingalpha.com

ZoomInfo Technologies Inc. 2023 Q2 - Results - Earnings Call Presentation

July 31, 2023 | finance.yahoo.com

ZoomInfo Announces Second Quarter 2023 Financial Results

July 28, 2023 | benzinga.com

Earnings Preview For ZoomInfo Technologies

July 25, 2023 | msn.com

RBC Capital Downgrades ZoomInfo Technologies (ZI)

July 24, 2023 | investing.com

ZoomInfo sinks as RBC downgrades on GenAI worries

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ZI Company Calendar

Last Earnings: 7/31/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ZI
CUSIP: N/A
CIK: 1794515
Web: www.zoominfo.com
Phone: 800-914-1220
Fax: N/A
Employees: 3,540
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $27.30
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +66.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.30
Trailing P/E Ratio: 54.67
Forward P/E Ratio: 26.03
P/E Growth: 2.2
Net Income: $63.20 million
Net Margins: 10.32%
Pretax Margin: 22.68%
Return on Equity: 10.22%
Return on Assets: 3.27%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 1.55
Quick Ratio: 1.55

Sales & Book Value

Annual Sales: $1.20 billion
Price / Sales: 5.49
Cash Flow: $0.81 per share
Price / Cash Flow: 20.14
Book Value: $5.62 per share
Price / Book: 2.92

Miscellaneous

Outstanding Shares: 401,470,000
Free Float: 368,951,000
Market Cap: $6.58 billion
Optionable: Not Optionable
Beta: 1.00

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Key Executives

Mr. Henry L. Schuck (Age 39)
Founder, Chairman & CEO
Comp: $834.97k

Mr. Christopher Joseph Hays (Age 52)
COO & Pres
Comp: $545.17k

Mr. Peter Cameron Hyzer CFA (Age 48)
Chief Financial Officer
Comp: $736.35k

Mr. Prasadh Cadambi (Age 45)
Chief Accounting Officer and Sr. VP of Fin. & Strategy

Mr. Ali Dasdan (Age 53)
Chief Technology Officer

Jeremiah Sisitsky
VP of Investor Relations

Mr. Anthony M. Stark
Gen. Counsel & Corp. Sec.

Mr. Simon McDougall
Chief Compliance Officer

Steve Vittorioso
Director of Communications

Mr. Bryan Law
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ZI Stock - Frequently Asked Questions

Should I buy or sell ZoomInfo Technologies stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ZoomInfo Technologies in the last twelve months. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ZI shares.
View ZI analyst ratings or view top-rated stocks.
What is ZoomInfo Technologies' stock price forecast for 2023?: 19 analysts have issued 1 year target prices for ZoomInfo Technologies' shares. Their ZI share price forecasts range from $19.00 to $35.00. On average, they predict the company's stock price to reach $27.30 in the next twelve months. This suggests a possible upside of 66.5% from the stock's current price.
View analysts price targets for ZI or view top-rated stocks among Wall Street analysts.
How have ZI shares performed in 2023?: ZoomInfo Technologies' stock was trading at $30.11 on January 1st, 2023. Since then, ZI shares have decreased by 45.5% and is now trading at $16.40.
View the best growth stocks for 2023 here.
When is ZoomInfo Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our ZI earnings forecast.
How were ZoomInfo Technologies' earnings last quarter?: ZoomInfo Technologies Inc. (NASDAQ:ZI) announced its quarterly earnings results on Monday, July, 31st. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The company had revenue of $308.60 million for the quarter, compared to the consensus estimate of $310.33 million. ZoomInfo Technologies had a trailing twelve-month return on equity of 10.22% and a net margin of 10.32%.
What ETFs hold ZoomInfo Technologies' stock?: ETFs with the largest weight of ZoomInfo Technologies (NASDAQ:ZI) stock in their portfolio include SPDR S&P Internet ETF (XWEB), SmartETFs Advertising & Marketing Technology ETF (MRAD), Franklin Exponential Data ETF (XDAT), Nuveen ESG Mid-Cap Growth ETF (NUMG), Neuberger Berman Disrupters ETF (NBDS), ERShares Entrepreneurs ETF (ENTR), WisdomTree Cloud Computing Fund (WCLD) and First Trust S-Network E-Commerce ETF (ISHP).
What guidance has ZoomInfo Technologies issued on next quarter's earnings?: ZoomInfo Technologies issued an update on its FY23 earnings guidance on Friday, September, 29th. The company provided earnings per share guidance of $0.99-1.00 for the period, compared to the consensus earnings per share estimate of $0.99. The company issued revenue guidance of $1.225-1.235 billion, compared to the consensus revenue estimate of $1.23 billion.

What other stocks do shareholders of ZoomInfo Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ZoomInfo Technologies investors own include NVIDIA (NVDA), Zoom Video Communications (ZM), Advanced Micro Devices (AMD), DocuSign (DOCU), Alibaba Group (BABA), PayPal (PYPL), Salesforce (CRM), CrowdStrike (CRWD), Block (SQ) and Tesla (TSLA).
When did ZoomInfo Technologies IPO?: (ZI) raised $756 million in an initial public offering on Thursday, June 4th 2020. The company issued 44,500,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Morgan Stanley, Barclays, Credit Suisse, BofA Securities, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Ban and Wells Fargo Securities acted as the underwriters for the IPO and Canaccord Genuity, JMP Securities, Mizuho Securities, Piper Sandler, Raymond James, Stifel and SunTrust Robinson Humphrey were co-managers.
What is ZoomInfo Technologies' stock symbol?: ZoomInfo Technologies trades on the NASDAQ under the ticker symbol "ZI."
How do I buy shares of ZoomInfo Technologies?: Shares of ZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ZoomInfo Technologies' stock price today?: One share of ZI stock can currently be purchased for approximately $16.40.
How much money does ZoomInfo Technologies make?: ZoomInfo Technologies (NASDAQ:ZI) has a market capitalization of $6.58 billion and generates $1.20 billion in revenue each year. The company earns $63.20 million in net income (profit) each year or $0.30 on an earnings per share basis.
How many employees does ZoomInfo Technologies have?: The company employs 3,540 workers across the globe.
How can I contact ZoomInfo Technologies?: ZoomInfo Technologies' mailing address is 805 BROADWAY ST SUITE 900, VANCOUVER WA, 98660. The official website for the company is www.zoominfo.com. The company can be reached via phone at 800-914-1220 or via email at ir@zoominfo.com.

This page (NASDAQ:ZI) was last updated on 10/1/2023 by MarketBeat.com Staff

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