DA Davidson Has Bearish Outlook for ZI FY2025 Earnings

ZoomInfo Technologies Inc. (NASDAQ:ZI) – Stock analysts at DA Davidson cut their FY2025 EPS estimates for shares of ZoomInfo Technologies in a report released on Thursday, February 27th. DA Davidson analyst G. Luria now anticipates that the company will post earnings of $0.61 per share for the year, down from their previous estimate of $0.70. The consensus estimate for ZoomInfo Technologies’ current full-year earnings is $0.59 per share.

Other research analysts have also recently issued reports about the company. Needham & Company LLC reissued a “buy” rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. Citigroup lifted their price target on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the company a “sell” rating in a report on Tuesday, February 11th. Mizuho upped their price objective on shares of ZoomInfo Technologies from $9.00 to $11.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Stifel Nicolaus lifted their price objective on ZoomInfo Technologies from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company increased their target price on ZoomInfo Technologies from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report 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 stock. Based on data from MarketBeat, ZoomInfo Technologies currently has a consensus rating of “Hold” and a consensus target price of $11.92.

ZoomInfo Technologies Price Performance

Shares of ZI stock opened at $11.77 on Monday. The stock’s fifty day simple moving average is $10.33 and its 200 day simple moving average is $10.42. ZoomInfo Technologies has a one year low of $7.65 and a one year high of $17.01. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 392.46, a P/E/G ratio of 13.05 and a beta of 1.01. 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 (NASDAQ:ZI) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.07). ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. The business had revenue of $309.10 million for the quarter, compared to the consensus estimate of $297.64 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZI. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at approximately $37,000. Fifth Third Bancorp lifted its stake in ZoomInfo Technologies by 47.8% during the fourth quarter. Fifth Third Bancorp now owns 3,836 shares of the company’s stock worth $40,000 after purchasing an additional 1,241 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of ZoomInfo Technologies by 29.1% in the 4th quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock valued at $54,000 after purchasing an additional 1,160 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of ZoomInfo Technologies by 343.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company’s stock valued at $64,000 after purchasing an additional 4,735 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in shares of ZoomInfo Technologies by 183.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company’s stock worth $89,000 after buying an additional 5,468 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

About ZoomInfo Technologies

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.