ZoomInfo Technologies Inc. (NASDAQ: ZI) on November 20, 2023, started off the session at the price of $13.37, soaring 4.17% from the previous trading day. During the day, the shares moved up to $14.10 and dropped to $13.32 before settling in for the closing price of $13.42. Within the past 52 weeks, ZI’s price has moved between $12.36 and $32.41.
Annual sales at Technology sector company grew by 67.37% over the past five years. The company achieved an average annual earnings per share of 13.50%. With a float of $295.95 million, this company’s outstanding shares have now reached $404.07 million.
Let’s look at the performance matrix of the company that is accounted for 3540 employees. In terms of profitability, gross margin is +80.86, operating margin of +16.68, and the pretax margin is +17.72.
ZoomInfo Technologies Inc. (ZI) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of ZoomInfo Technologies Inc. is 24.07%, while institutional ownership is 73.57%. The most recent insider transaction that took place on Sep 14, was worth 206,800. In this transaction Chief Technology Officer of this company sold 11,977 shares at a rate of $17.27, taking the stock ownership to the 35,929 shares. Before that another transaction happened on Sep 05, when Company’s Chief Accounting Officer sold 9,218 for $18.16, making the entire transaction worth $167,399. This insider now owns 0 shares in total.
ZoomInfo Technologies Inc. (ZI) Performance Highlights and Predictions
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.26 earnings per share (EPS) for the period topping the consensus outlook (set at $0.24) by $0.02. This company achieved a net margin of +5.76 while generating a return on equity of 2.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.50% per share during the next fiscal year.
ZoomInfo Technologies Inc. (NASDAQ: ZI) Trading Performance Indicators
ZoomInfo Technologies Inc. (ZI) is currently performing well based on its current performance indicators. A quick ratio of 1.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.45. Likewise, its price to free cash flow for the trailing twelve months is 13.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.00 in one year’s time.
Technical Analysis of ZoomInfo Technologies Inc. (ZI)
ZoomInfo Technologies Inc. (NASDAQ: ZI) saw its 5-day average volume 5.34 million, a negative change from its year-to-date volume of 6.0 million. As of the previous 9 days, the stock’s Stochastic %D was 77.09%. Additionally, its Average True Range was 0.60.
During the past 100 days, ZoomInfo Technologies Inc.’s (ZI) raw stochastic average was set at 9.10%, which indicates a significant decrease from 93.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.84% in the past 14 days, which was lower than the 67.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.52, while its 200-day Moving Average is $21.36. Nevertheless, the first resistance level for the watch stands at $14.28 in the near term. At $14.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.06. If the price goes on to break the first support level at $13.50, it is likely to go to the next support level at $13.02. Assuming the price breaks the second support level, the third support level stands at $12.72.
ZoomInfo Technologies Inc. (NASDAQ: ZI) Key Stats
Market capitalization of the company is 5.45 billion based on 389,782K outstanding shares. Right now, sales total 1,098 M and income totals 63,200 K. The company made 313,800 K in profit during its latest quarter, and 30,200 K in sales during its previous quarter.