ZoomInfo Applied sciences (NASDAQ:ZI – Get Ranking) had its worth goal minimize by equities researchers at UBS Group from $67.00 to $50.00 in a analysis be aware issued on Friday, The Fly studies. The agency at the moment has a “purchase” score on the inventory. UBS Group’s worth goal would point out a possible upside of 32.84% from the inventory’s earlier shut.
Different analysis analysts additionally not too long ago issued analysis studies in regards to the firm. Raymond James lowered their worth goal on ZoomInfo Applied sciences from $70.00 to $65.00 in a analysis be aware on Tuesday, Might third. TheStreet lowered shares of ZoomInfo Applied sciences from a “c-” score to a “d” score in a analysis be aware 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. Morgan Stanley dropped their goal worth on shares of ZoomInfo Applied sciences from $81.00 to $66.00 and set an “obese” score for the corporate in a analysis report on Thursday, July 14th. Lastly, Barclays decreased their worth goal on shares of ZoomInfo Applied sciences from $64.00 to $50.00 and set an “obese” score on the inventory in a analysis report on Monday, July 18th. Eighteen analysis analysts have rated the inventory with a purchase score, In response to MarketBeat.com, ZoomInfo Applied sciences presently has a consensus score of “Purchase” and a mean goal worth of $71.84.
ZoomInfo Applied sciences Inventory Down 5.8 %
NASDAQ ZI opened at $37.64 on Friday. The inventory has a market cap of $15.18 billion, a PE ratio of 134.43, a P/E/G ratio of two.44 and a beta of 1.60. The enterprise has a 50 day shifting common worth of $37.17 and a two-hundred day shifting common worth of $47.32. ZoomInfo Applied sciences has a fifty-two week low of $30.31 and a fifty-two week excessive of $79.17. The corporate has a fast ratio of 1.20, a present ratio of 1.20 and a debt-to-equity ratio of 0.60.
ZoomInfo Applied sciences (NASDAQ:ZI – Get Ranking) final introduced its earnings outcomes on Monday, Might 2nd. The corporate reported $0.10 earnings per share for the quarter, assembly the consensus estimate of $0.10. ZoomInfo Applied sciences had a internet margin of 14.34% and a return on fairness of 8.46%. The enterprise had income of $241.70 million in the course of the quarter, in comparison with the consensus estimate of $227.49 million. Throughout the identical interval within the prior yr, the agency earned $0.02 earnings per share. As a gaggle, sell-side analysts predict that ZoomInfo Applied sciences will publish 0.49 EPS for the present fiscal yr.
Insider Exercise at ZoomInfo Applied sciences
In different information, Director Mark Patrick Mader bought 5,079 shares of ZoomInfo Applied sciences inventory in a transaction that occurred on Wednesday, Might 4th. The inventory was bought at a mean worth of $51.17, for a complete transaction of $259,892.43. Following the sale, the director now owns 5,000 shares of the corporate’s inventory, valued at $255,850. The transaction was disclosed in a submitting with the SEC, which is accessible by means of this hyperlink. In different information, Director Mark Patrick Mader bought 5,079 shares of the agency’s inventory in a transaction on Wednesday, Might 4th. The inventory was bought at a mean worth of $51.17, for a complete transaction of $259,892.43. Following the transaction, the director now immediately owns 5,000 shares of the corporate’s inventory, valued at $255,850. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is on the market by means of the SEC web site. Additionally, CEO Henry Schuck bought 48,264 shares of ZoomInfo Applied sciences inventory in a transaction dated Friday, June third. The shares have been bought at a mean worth of $42.05, for a complete transaction of $2,029,501.20. Following the sale, the chief govt officer now owns 15,431,762 shares within the firm, valued at $648,905,592.10. The disclosure for this sale will be discovered right here. Insiders have bought a complete of 254,317 shares of firm inventory price $10,858,149 within the final ninety days. 9.70% of the inventory is owned by insiders.
Institutional Inflows and Outflows
Quite a lot of hedge funds have not too long ago made modifications to their positions within the inventory. Capital World Buyers boosted its stake in ZoomInfo Applied sciences by 7.1% in the course of the 1st quarter. Capital World Buyers now owns 28,215,665 shares of the corporate’s inventory valued at $1,685,604,000 after buying an extra 1,872,595 shares within the final quarter. Vanguard Group Inc. boosted its stake in ZoomInfo Applied sciences by 8.0% in the course of the first quarter. Vanguard Group Inc. now owns 23,082,415 shares of the corporate’s inventory valued at $1,378,944,000 after shopping for an extra 1,717,608 shares within the final quarter. Allianz Asset Administration GmbH grew its holdings in ZoomInfo Applied sciences by 5.7% in the course of the first quarter. Allianz Asset Administration GmbH now owns 15,119,963 shares of the corporate’s inventory price $903,267,000 after buying an extra 819,402 shares in the course of the interval. BlackRock Inc. raised its place in ZoomInfo Applied sciences by 4.0% within the first quarter. BlackRock Inc. now owns 14,658,212 shares of the corporate’s inventory price $875,683,000 after buying an extra 563,686 shares within the final quarter. Lastly, Jennison Associates LLC lifted its holdings in ZoomInfo Applied sciences by 33.5% within the 1st quarter. Jennison Associates LLC now owns 7,462,240 shares of the corporate’s inventory valued at $445,794,000 after buying an extra 1,871,380 shares over the past quarter. Institutional buyers and hedge funds personal 82.92% of the corporate’s inventory.
About ZoomInfo Applied sciences
ZoomInfo Applied sciences Inc, by means of its subsidiaries, supplies go-to-market intelligence and engagement platform for gross sales and advertising and marketing groups in america and internationally. The corporate’s cloud-based platform supplies info on organizations and professionals to assist customers determine goal prospects and determination makers, acquire frequently 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 observe progress by means of the deal cycle.
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