What is ZoomInfo Technologies Inc.’s (NASDAQ:ZI) current market value? Can you beat the fundamentals?

In yesterday’s Wall Street session, ZoomInfo Technologies Inc. (NASDAQ:ZI) shares traded at $13.63, up 6.73% from the previous session.

22 analysts cover ZoomInfo Technologies Inc. (NASDAQ:ZI), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $25.70 and a low of $16.00, we find $20.00. Given the previous closing price of $12.77, this indicates a potential upside of 56.62 percent. ZI stock price is now -18.14% away from the 50-day moving average and -38.64% away from the 200-day moving average. The market capitalization of the company currently stands at $5.31B.

The stock has received a hold rating from 9 analysts and a buy rating from 11. Brokers who have rated the stock have averaged $20.69 as their price target over the next twelve months.

With the price target reduced from $30 to $17, Goldman Downgraded its rating from Buy to Neutral for ZoomInfo Technologies Inc. (NASDAQ: ZI).

In other news, Dasdan Ali, Chief Technology Officer sold 11,977 shares of the company’s stock on Sep 14. The stock was sold for $206,800 at an average price of $17.27. Upon completion of the transaction, the Chief Technology Officer now directly owns 35,929 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05, Chief Accounting Officer Cadambi Sriprasadh sold 9,218 shares of the business’s stock. A total of $167,399 was realized by selling the stock at an average price of $18.16. Insiders disposed of 70,310,423 shares of company stock worth roughly $958.33 million over the past 1 year. A total of 24.51% of the company’s stock is owned by insiders.

On Friday morning ZoomInfo Technologies Inc. (NASDAQ: ZI) stock kicked off with the opening price of $12.94. During the past 12 months, ZoomInfo Technologies Inc. has had a low of $12.36 and a high of $33.07. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 1.49, and a quick ratio of 1.49. According to the stock market information, the enterprise value for the company is $6.08B, which is based on a 40.28 price-to-earnings ratio, a 4.62 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for ZI is $16.56 and a two-hundred day moving average price translates $22.15 for the stock.

The latest earnings results from ZoomInfo Technologies Inc. (NASDAQ: ZI) was released for Sep, 2023. According to the Software – Application Company, earnings per share came in at $0.26, beating analysts’ expectations of $0.23 by 0.03. This compares to $0.04 EPS in the same period last year. The net profit margin was 11.10% and return on equity was 6.12% for ZI. The company reported revenue of $313.8 million for the quarter, compared to $287.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.11 percent. For the current quarter, analysts expect ZI to generate $311.62M in revenue.

ZoomInfo Technologies Inc.(ZI) Company Profile

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.

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