ZoomInfo Technologies (ZI) Expected to Announce Quarterly Earnings on Monday

ZoomInfo Technologies (NASDAQ:ZI) will likely be releasing its earnings data after the market closes on Monday, February 10th. Analysts expect ZoomInfo Technologies to post earnings of $0.23 per share and revenue of $297.66 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

ZoomInfo Technologies Trading Down 1.7 %

Shares of NASDAQ:ZI opened at $10.29 on Monday. ZoomInfo Technologies has a 52 week low of $7.65 and a 52 week high of $18.69. The company’s 50 day moving average is $10.49 and its two-hundred day moving average is $10.39. The company has a market cap of $3.53 billion, a PE ratio of 343.11, a P/E/G ratio of 13.47 and a beta of 1.01. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73.

Insider Buying and Selling at ZoomInfo Technologies

In other news, CTO Ali Dasdan sold 4,898 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $11.01, for a total transaction of $53,926.98. Following the completion of the transaction, the chief technology officer now directly owns 118,659 shares of the company’s stock, valued at approximately $1,306,435.59. This represents a 3.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Henry Schuck purchased 492,500 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of $10.25 per share, for a total transaction of $5,048,125.00. Following the completion of the purchase, the chief executive officer now 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 ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 8.10% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ZI. Mizuho increased their target price on ZoomInfo Technologies from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Citigroup raised their target price on ZoomInfo Technologies from $7.00 to $8.50 and gave the stock a “sell” rating in a research report on Thursday, November 14th. Scotiabank started coverage on ZoomInfo Technologies in a report on Monday, November 18th. They issued a “sector perform” rating and a $10.30 price target for the company. Wells Fargo & Company reissued an “equal weight” rating and set a $11.00 price objective (down previously from $14.00) on shares of ZoomInfo Technologies in a report on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a research report on Wednesday, November 13th. Six analysts have rated the stock with a sell rating, twelve have given 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.

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.