What is DA Davidson’s Estimate for ZI Q4 Earnings?

ZoomInfo Technologies Inc. (NASDAQ:ZI) – DA Davidson issued their Q4 2024 EPS estimates for shares of ZoomInfo Technologies in a report released on Wednesday, November 13th. DA Davidson analyst G. Luria anticipates that the company will post earnings per share of $0.14 for the quarter. DA Davidson has a “Neutral” rating and a $9.50 price target on the stock. The consensus estimate for ZoomInfo Technologies’ current full-year earnings is $0.55 per share.

Other research analysts also recently issued research reports about the company. Raymond James downgraded ZoomInfo Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Truist Financial cut their price target on ZoomInfo Technologies from $16.00 to $11.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on ZoomInfo Technologies from $17.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, August 6th. Piper Sandler upped their target price on shares of ZoomInfo Technologies from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Royal Bank of Canada lowered their price target on shares of ZoomInfo Technologies from $9.00 to $7.00 and set an “underperform” rating for the company in a research report on Tuesday, August 6th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, ZoomInfo Technologies presently has an average rating of “Hold” and a consensus price target of $12.76.

ZoomInfo Technologies Stock Performance

ZoomInfo Technologies stock opened at $10.53 on Thursday. The stock has a 50-day simple moving average of $10.50 and a 200 day simple moving average of $11.36. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of 351.12, a P/E/G ratio of 8.00 and a beta of 1.03. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. ZoomInfo Technologies has a 12-month low of $7.65 and a 12-month high of $19.39.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ZI. Janney Montgomery Scott LLC lifted its stake in ZoomInfo Technologies by 31.6% in the first quarter. Janney Montgomery Scott LLC now owns 32,427 shares of the company’s stock valued at $520,000 after acquiring an additional 7,779 shares during the last quarter. Prevail Innovative Wealth Advisors LLC bought a new position in ZoomInfo Technologies during the first quarter worth about $2,213,000. Covestor Ltd raised its stake in ZoomInfo Technologies by 598.5% in the first quarter. Covestor Ltd now owns 3,339 shares of the company’s stock valued at $54,000 after buying an additional 2,861 shares during the period. CANADA LIFE ASSURANCE Co lifted its position in shares of ZoomInfo Technologies by 14.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 515,200 shares of the company’s stock valued at $8,260,000 after buying an additional 66,025 shares during the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of ZoomInfo Technologies during the 1st quarter worth approximately $201,000. 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.