ZoomInfo Applied sciences Inc. (NASDAQ:ZI) Given Common Suggestion of “Purchase” by Analysts

Shares of ZoomInfo Applied sciences Inc. (NASDAQ:ZIGet Ranking) have been assigned a median suggestion of “Purchase” from the twenty brokerages which might be protecting the corporate, MarketBeat.com experiences. Fourteen analysis analysts have rated the inventory with a purchase score. The typical twelve-month goal worth amongst brokers which have issued scores on the inventory within the final yr is $76.21.

A number of analysts just lately issued experiences on ZI shares. Stifel Nicolaus decreased their worth goal on shares of ZoomInfo Applied sciences from $85.00 to $75.00 in a analysis report on Tuesday, Might third. Wells Fargo & Firm minimize their worth goal on shares of ZoomInfo Applied sciences from $80.00 to $70.00 and set an “chubby” score on the inventory in a report on Tuesday, March fifteenth. TheStreet downgraded shares of ZoomInfo Applied sciences from a “c-” score to a “d” score in a report on Thursday, Might nineteenth. Deutsche Financial institution Aktiengesellschaft minimize their worth goal on shares of ZoomInfo Applied sciences from $80.00 to $75.00 in a report on Tuesday, Might third. Lastly, Raymond James minimize their worth goal on shares of ZoomInfo Applied sciences from $70.00 to $65.00 in a report on Tuesday, Might third.

In different information, Director Mark Patrick Mader offered 5,079 shares of the corporate’s inventory in a transaction dated Wednesday, Might 4th. The inventory was offered at a median worth of $51.17, for a complete transaction of $259,892.43. Following the sale, the director now straight owns 5,000 shares within the firm, valued at $255,850. The sale was disclosed in a doc filed with the SEC, which is accessible at this hyperlink. Additionally, CEO Henry Schuck offered 143,761 shares of the corporate’s inventory in a transaction dated Monday, June sixth. The shares have been offered at a median worth of $42.36, for a complete worth of $6,089,715.96. Following the sale, the chief government officer now owns 15,288,001 shares within the firm, valued at $647,599,722.36. The disclosure for this sale may be discovered right here. Insiders offered a complete of 1,277,947 shares of firm inventory price $72,019,613 during the last 90 days. 9.70% of the inventory is at the moment owned by firm insiders.

A number of institutional traders and hedge funds have just lately made modifications to their positions in ZI. Dimensional Fund Advisors LP elevated its place in shares of ZoomInfo Applied sciences by 89.8% throughout the third quarter. Dimensional Fund Advisors LP now owns 22,269 shares of the corporate’s inventory valued at $1,363,000 after shopping for an extra 10,534 shares throughout the interval. Darkish Forest Capital Administration LP bought a brand new place in shares of ZoomInfo Applied sciences throughout the third quarter price about $199,000. LPL Monetary LLC grew its holdings in shares of ZoomInfo Applied sciences by 24.6% throughout the third quarter. LPL Monetary LLC now owns 36,041 shares of the corporate’s inventory price $2,205,000 after buying an extra 7,122 shares within the final quarter. Thrivent Monetary for Lutherans bought a brand new place in shares of ZoomInfo Applied sciences throughout the third quarter price about $12,821,000. Lastly, Nationwide Asset Administration Inc. bought a brand new place in shares of ZoomInfo Applied sciences throughout the third quarter price about $692,000. Hedge funds and different institutional traders personal 82.92% of the corporate’s inventory.

NASDAQ ZI opened at $36.68 on Friday. The corporate has a fifty day easy shifting common of $42.42 and a 200 day easy shifting common of $51.33. ZoomInfo Applied sciences has a 12-month low of $30.31 and a 12-month excessive of $79.17. The corporate has a present ratio of 1.20, a fast ratio of 1.20 and a debt-to-equity ratio of 0.60. The corporate has a market cap of $14.80 billion, a P/E ratio of 131.00, a PEG ratio of two.11 and a beta of 1.56.

ZoomInfo Applied sciences (NASDAQ:ZIGet Ranking) final posted its quarterly earnings outcomes on Monday, Might 2nd. The corporate reported $0.10 earnings per share (EPS) for the quarter, assembly the consensus estimate of $0.10. ZoomInfo Applied sciences had a web margin of 14.34% and a return on fairness of 8.46%. The enterprise had income of $241.70 million throughout the quarter, in comparison with the consensus estimate of $227.49 million. Throughout the identical quarter final yr, the agency posted $0.02 EPS. Promote-side analysts predict that ZoomInfo Applied sciences will publish 0.49 EPS for the present yr.

ZoomInfo Applied sciences Firm Profile (Get Ranking)

ZoomInfo Applied sciences Inc, by means of its subsidiaries, gives go-to-market intelligence and engagement platform for gross sales and advertising groups in the USA and internationally. The corporate’s cloud-based platform gives data on organizations and professionals to assist customers establish goal prospects and determination makers, receive regularly up to date predictive lead and firm scoring, monitor shopping for alerts and different attributes of goal firms, craft messages, have interaction by means of automated gross sales instruments, and monitor progress by means of the deal cycle.

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