ZoomInfo Technologies Inc. (NASDAQ:GTM) Receives $11.67 Average PT from Analysts

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have received an average rating of “Reduce” from the ten ratings firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $11.67.

GTM has been the topic of several analyst reports. Citigroup boosted their target price on ZoomInfo Technologies from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. UBS Group boosted their price objective on shares of ZoomInfo Technologies from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Royal Bank Of Canada raised their target price on shares of ZoomInfo Technologies from $7.00 to $8.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. DA Davidson initiated coverage on shares of ZoomInfo Technologies in a report on Tuesday, August 5th. They set a “neutral” rating and a $11.00 price target on the stock. Finally, Piper Sandler increased their price objective on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th.

ZoomInfo Technologies Stock Down 0.2%

ZoomInfo Technologies stock opened at $10.20 on Thursday. The business has a 50-day simple moving average of $10.98. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market cap of $3.18 billion, a P/E ratio of 32.90, a PEG ratio of 1.70 and a beta of 1.25. ZoomInfo Technologies has a twelve month low of $7.01 and a twelve month high of $12.63.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.17 by $0.11. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.The company had revenue of $318.00 million during the quarter, compared to analyst estimates of $303.86 million. During the same quarter last year, the business posted $0.28 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS. Q4 2025 guidance at 0.270-0.290 EPS.

Insider Buying and Selling

In other news, CRO James M. Roth sold 3,288 shares of ZoomInfo Technologies stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $10.26, for a total transaction of $33,734.88. Following the completion of the sale, the executive directly owned 44,168 shares in the company, valued at approximately $453,163.68. This trade represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Ashley Mcgrane sold 6,600 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $11.69, for a total transaction of $77,154.00. Following the sale, the general counsel directly owned 28,399 shares of the company’s stock, valued at $331,984.31. This represents a 18.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,142 shares of company stock valued at $124,289 over the last three months. 9.00% of the stock is owned by corporate insiders.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc, through 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.