FY2025 EPS Forecast for ZoomInfo Technologies Cut by Analyst

ZoomInfo Technologies Inc. (NASDAQ:ZI) – Analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for ZoomInfo Technologies in a research report issued to clients and investors on Thursday, February 27th. DA Davidson analyst G. Luria now forecasts that the company will post earnings per share of $0.61 for the year, down from their previous forecast of $0.70. The consensus estimate for ZoomInfo Technologies’ current full-year earnings is $0.59 per share.

ZoomInfo Technologies (NASDAQ:ZI) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.07). The business had revenue of $309.10 million during the quarter, compared to analyst estimates of $297.64 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%.

Several other analysts have also recently issued reports on ZI. Piper Sandler upgraded ZoomInfo Technologies from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $10.00 to $11.00 in a research note on Wednesday, February 26th. KeyCorp downgraded shares of ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a research report on Friday, December 13th. Barclays lifted their price objective on shares of ZoomInfo Technologies from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. Needham & Company LLC reissued a “buy” rating and set a $15.00 target price on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. Finally, Stifel Nicolaus lifted their price objective on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $11.92.

ZoomInfo Technologies Trading Up 2.0 %

NASDAQ ZI opened at $11.77 on Monday. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 392.46, a price-to-earnings-growth ratio of 13.05 and a beta of 1.01. The company’s fifty day moving average price is $10.33 and its two-hundred day moving average price is $10.42. 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 12 month low of $7.65 and a 12 month high of $17.01.

Institutional Trading of ZoomInfo Technologies

A number of institutional investors have recently bought and sold shares of ZI. Creative Planning acquired a new stake in shares of ZoomInfo Technologies in the third quarter worth about $254,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of ZoomInfo Technologies in the third quarter worth about $37,000. State of Alaska Department of Revenue lifted its position in shares of ZoomInfo Technologies by 7.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 34,265 shares of the company’s stock worth $353,000 after purchasing an additional 2,275 shares during the last quarter. US Bancorp DE boosted its stake in ZoomInfo Technologies by 164.7% during the 3rd quarter. US Bancorp DE now owns 12,742 shares of the company’s stock valued at $131,000 after purchasing an additional 7,928 shares during the period. Finally, State of New Jersey Common Pension Fund D lifted its holdings in shares of ZoomInfo Technologies by 37.5% during the third quarter. State of New Jersey Common Pension Fund D now owns 202,406 shares of the company’s stock worth $2,089,000 after buying an additional 55,150 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

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.