FY2025 EPS Estimates for ZI Decreased by DA Davidson

ZoomInfo Technologies Inc. (NASDAQ:ZI) – Investment analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of ZoomInfo Technologies in a research note issued on Tuesday, April 15th. DA Davidson analyst G. Luria now forecasts that the company will post earnings per share of $0.57 for the year, down from their previous forecast 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.

Several other research firms have also commented on ZI. Piper Sandler raised ZoomInfo Technologies from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $10.00 to $11.00 in a research report on Wednesday, February 26th. Citigroup boosted their target price on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the stock a “sell” rating in a report on Tuesday, February 11th. Scotiabank raised their price target on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the company a “sector perform” rating in a report on Thursday, February 27th. Wells Fargo & Company boosted their price objective on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group increased their target price on shares of ZoomInfo Technologies from $14.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, ZoomInfo Technologies presently has a consensus rating of “Hold” and a consensus price target of $11.58.

ZoomInfo Technologies Trading Down 1.1 %

Shares of ZI opened at $7.99 on Wednesday. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 266.42, a PEG ratio of 13.05 and a beta of 1.00. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63. ZoomInfo Technologies has a 1-year low of $7.01 and a 1-year high of $16.98. The company has a 50-day moving average of $10.03 and a 200 day moving average of $10.35.

ZoomInfo Technologies (NASDAQ:ZI) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.07). ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. The firm had revenue of $309.10 million for the quarter, compared to the consensus estimate of $297.64 million.

Institutional Trading of ZoomInfo Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in ZI. Jericho Capital Asset Management L.P. purchased a new stake in ZoomInfo Technologies during the 4th quarter worth approximately $116,622,000. Deutsche Bank AG boosted its stake in shares of ZoomInfo Technologies by 21,345.2% in the fourth quarter. Deutsche Bank AG now owns 10,228,951 shares of the company’s stock worth $107,506,000 after acquiring an additional 10,181,253 shares during the last quarter. State Street Corp raised its stake in ZoomInfo Technologies by 2.0% in the 3rd quarter. State Street Corp now owns 8,626,463 shares of the company’s stock valued at $89,025,000 after purchasing an additional 165,440 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in ZoomInfo Technologies by 35.4% in the 4th quarter. JPMorgan Chase & Co. now owns 6,089,358 shares of the company’s stock valued at $63,999,000 after purchasing an additional 1,591,960 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in ZoomInfo Technologies by 67.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,236,035 shares of the company’s stock worth $55,029,000 after purchasing an additional 2,118,297 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

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.