DA Davidson Has Negative Outlook of ZI FY2025 Earnings

ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) - Research analysts at DA Davidson decreased their FY2025 earnings estimates for ZoomInfo Technologies in a note issued to investors on Tuesday, April 15th. DA Davidson analyst G. Luria now forecasts that the company will post earnings of $0.57 per share for the year, down from their prior estimate of $0.61. DA Davidson has a "Neutral" rating and a $8.00 price objective on the stock. The consensus estimate for ZoomInfo Technologies' current full-year earnings is $0.59 per share. DA Davidson also issued estimates for ZoomInfo Technologies' FY2026 earnings at $0.55 EPS.

Other analysts have also recently issued research reports about the company. Barclays lowered their price target on ZoomInfo Technologies from $13.00 to $9.00 and set an "equal weight" rating for the company in a research report on Monday. Scotiabank increased their target price on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 27th. Needham & Company LLC reissued a "buy" rating and issued a $15.00 price target on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. Stifel Nicolaus raised their target price on ZoomInfo Technologies from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Finally, Citigroup boosted their price target on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the stock a "sell" rating in a research report on Tuesday, February 11th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, ZoomInfo Technologies currently has an average rating of "Hold" and an average target price of $11.37.

ZoomInfo Technologies Stock Performance

ZI stock traded down $0.42 during trading on Wednesday, reaching $7.59. The company had a trading volume of 973,072 shares, compared to its average volume of 7,289,620. The firm has a 50-day simple moving average of $9.94 and a 200-day simple moving average of $10.33. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 253.08, a price-to-earnings-growth ratio of 13.05 and a beta of 1.00. ZoomInfo Technologies has a twelve month low of $7.01 and a twelve month high of $16.98. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.07). The firm had revenue of $309.10 million during the quarter, compared to analysts' expectations of $297.64 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of hedge funds have recently bought and sold shares of the stock. Jericho Capital Asset Management L.P. acquired a new stake in ZoomInfo Technologies in the fourth quarter valued at approximately $116,622,000. Deutsche Bank AG lifted its position in shares of ZoomInfo Technologies by 21,345.2% during the 4th quarter. Deutsche Bank AG now owns 10,228,951 shares of the company's stock worth $107,506,000 after purchasing an additional 10,181,253 shares during the last quarter. State Street Corp grew its stake in shares of ZoomInfo Technologies by 2.0% during the third quarter. State Street Corp now owns 8,626,463 shares of the company's stock worth $89,025,000 after purchasing an additional 165,440 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in ZoomInfo Technologies by 35.4% in the fourth quarter. JPMorgan Chase & Co. now owns 6,089,358 shares of the company's stock valued at $63,999,000 after buying an additional 1,591,960 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in ZoomInfo Technologies by 67.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,236,035 shares of the company's stock valued at $55,029,000 after buying an additional 2,118,297 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc, together with 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.