ZoomInfo Technologies (ZI) Projected to Post Quarterly Earnings on Monday

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $297.66 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

ZoomInfo Technologies Trading Down 1.6 %

ZI traded down $0.17 during trading on Thursday, reaching $10.29. The company had a trading volume of 3,218,328 shares, compared to its average volume of 7,080,368. The firm's 50-day simple moving average is $10.46 and its 200 day simple moving average is $10.36. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 343.11, a PEG ratio of 13.44 and a beta of 1.01. 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 has a 12-month low of $7.65 and a 12-month high of $18.69.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ZI. KeyCorp lowered shares of ZoomInfo Technologies from a "sector weight" rating to an "underweight" rating in a research note on Friday, December 13th. Wells Fargo & Company restated an "equal weight" rating and issued a $11.00 price objective (down previously from $14.00) on shares of ZoomInfo Technologies in a report on Tuesday, January 7th. Scotiabank initiated coverage on ZoomInfo Technologies in a report on Monday, November 18th. They set a "sector perform" rating and a $10.30 target price on the stock. Needham & Company LLC reissued a "buy" rating and issued a $15.00 price target on shares of ZoomInfo Technologies in a research report on Wednesday, November 13th. Finally, Mizuho lifted their price objective on ZoomInfo Technologies from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 13th. Six analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $12.52.

Insider Activity at ZoomInfo Technologies

In other ZoomInfo Technologies news, CEO Henry Schuck acquired 492,500 shares of the business's stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of $10.25 per share, for a total transaction of $5,048,125.00. Following the completion of the acquisition, the chief executive officer now directly owns 12,280,501 shares of the company's stock, valued at approximately $125,875,135.25. This represents a 4.18 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Ali Dasdan sold 4,898 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $11.01, for a total value of $53,926.98. Following the completion of the transaction, the chief technology officer now directly owns 118,659 shares in the company, valued at approximately $1,306,435.59. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. 8.20% of the stock is owned by insiders.

About ZoomInfo Technologies

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.