Wells Fargo has recently reduced Zoominfo Technologies Inc (ZI) stock to Equal Weight rating, as announced on January 7, 2025, according to Finviz. Earlier, on January 6, 2025, Piper Sandler had reduced the stock from a Neutral to Underweight, setting a price target of $10 for ZI stock. KeyBanc Capital Markets also reduced Underweight rating. Additionally, Scotiabank initiated Sector Perform rating on November 19, 2024, with a target price of $10.30. Daiwa Securities analysts, in their report published on August 13, 2024, also reduced Neutral rating and set a price target of $15 for Zoominfo Technologies Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Zoominfo Technologies Inc (ZI) Stock Trading Recap
On Thursday, Zoominfo Technologies Inc (ZI) stock saw a decline, ending the day at $10.17 which represents a decrease of $-0.12 or -1.17% from the prior close of $10.29. The stock opened at $10.32 and touched a low of $10.05 during the day, reaching a high of $10.34. The volume of shares traded was 5.81 million falling short of the average volume of 7.89 million.
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ZI Stock Performance and Moving Averages
In recent trading, Zoominfo Technologies Inc (ZI) stock price has shown some volatility, fluctuating -1.17% over the last five trades and 4.09% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 10.42%, and it has plunged by -19.60% in the previous three months. Currently, ZI is trading at -0.34%, -2.45%, and -8.16% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ZI, a Technology sector stock, is trading -45.60% below its 52-week high but remains 32.94% above its 52-week low. The Average True Range (ATR) (14 days) of 0.38 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Zoominfo Technologies Inc’s Profitability and Valuation Ratios
Zoominfo Technologies Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 11.26% and a profit margin of 0.74%, with a gross margin of 10.42%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Zoominfo Technologies Inc’s market capitalization stands at $3.49 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 379.48, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 11.03. Additionally, the Price-to-Sales Ratio is 2.86, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.09, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 20.68% of Zoominfo Technologies Inc (ZI)’s shares, while financial institutions hold 77.43%.
Notable insider trades include Winn David Randall, Director at Zoominfo Technologies Inc (ZI), who sold 290541 shares on Dec 03 ’24, at $11.06 each, totaling $3.21 million. On Dec 04 ’24, Winn David Randall, Director, sold 209459 shares for $11.02 each, amounting to $2.31 million. Additionally, on Mar 04 ’24, Dasdan Ali sold 6334 shares at $16.56 each, generating $0.10 million.
