ZoomInfo Technologies Inc. (NASDAQ: ZI): The Best-Of-Breed For Investing?

Currently, there are 404.07M common shares owned by the public and among those 293.11M shares have been available to trade.

Insiders at the company have transacted a total of 106 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 31 of these insider trades were purchases, accounting for 353,249 shares. Insider sales of the common stock occurred on 75 occasions, with total insider shares sold totaling 73,409,006 shares.

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

However, the script later moved the day high at 15.80, down -3.41%. The company’s stock has a 5-day price change of -3.59% and 22.19% over the past three months. ZI shares are trading -17.20% year to date (YTD), with the 12-month market performance down to -46.08% lower. It has a 12-month low price of $12.36 and touched a high of $30.98 over the same period. ZI has an average intraday trading volume of 6.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.47%, -5.74%, and -20.84% respectively.

Institutional ownership of ZoomInfo Technologies Inc. (NASDAQ: ZI) shares accounts for 72.24% of the company’s 404.07M shares outstanding.

It has a market capitalization of $5.97B and a beta (3y monthly) value of 1.17. The stock’s trailing 12-month PE ratio is 45.24, while the earnings-per-share (ttm) stands at $0.34. The company has a PEG of 5.19 and a Quick Ratio of 1.49 with the debt-to-equity ratio at 0.59. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.76% over the week and 3.41% over the month.

Analysts forecast that ZoomInfo Technologies Inc. (ZI) will achieve an EPS of $0.25 for the current quarter, $0.23 for the next quarter and $0.99 for 2024. The lowest estimate earnings-per-share for the quarter is $0.24 while analysts give the company a high EPS estimate of $0.26. Comparatively, EPS for the current quarter was $0.26 a year ago. Earnings per share for the fiscal year are expected to increase by 13.47%, and -0.38% over the next financial year.

Looking at the support for the ZI, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on February 01, 2024, with the firm’s price target at $24-$20.

Most Popular

Related Posts