ZoomInfo Technologies (ZI) to Release Quarterly Earnings on Tuesday

ZoomInfo Technologies (NASDAQ:ZI) is projected to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect ZoomInfo Technologies to post earnings of $0.23 per share and revenue of $297.64 million for the quarter. Individual interested in registering for the company’s conference call can do so using this link.

ZoomInfo Technologies Price Performance

Shares of NASDAQ:ZI opened at $9.65 on Monday. The company has a market cap of $3.31 billion, a PE ratio of 321.77, a P/E/G ratio of 13.05 and a beta of 1.01. ZoomInfo Technologies has a fifty-two week low of $7.65 and a fifty-two week high of $17.89. The firm has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $10.31. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ZI shares. Needham & Company LLC restated a “buy” rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a research note on Wednesday, November 13th. KeyCorp lowered shares of ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a research report on Friday, December 13th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $11.00 price objective (down from $14.00) on shares of ZoomInfo Technologies in a research report on Tuesday, January 7th. Mizuho upped their target price on shares of ZoomInfo Technologies from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. Finally, Scotiabank assumed coverage on shares of ZoomInfo Technologies in a research note on Monday, November 18th. They issued a “sector perform” rating and a $10.30 price target on the stock. Six analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.15.

Insider Activity at ZoomInfo Technologies

In related news, CTO Ali Dasdan sold 4,898 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, December 3rd. The stock was 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 of the company’s stock, valued at $1,306,435.59. The trade was a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Randall Winn sold 290,541 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $11.06, for a total value of $3,213,383.46. Following the completion of the transaction, the director now directly owns 1,266,807 shares of the company’s stock, valued at $14,010,885.42. This represents a 18.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.10% of the stock is currently owned by company 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.