Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) were down 5.3% during mid-day trading on Thursday after Jefferies Financial Group downgraded the stock from a buy rating to a hold rating. Jefferies Financial Group now has a $4.00 price target on the stock, down from their previous price target of $12.00. ZoomInfo Technologies traded as low as $3.48 and last traded at $3.4750. Approximately 2,623,480 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 10,027,713 shares. The stock had previously closed at $3.67.
A number of other equities research analysts also recently commented on the stock. UBS Group reduced their price objective on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Citigroup reduced their price objective on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. JPMorgan Chase & Co. decreased their price objective on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Tuesday, May 12th. Piper Sandler restated a “neutral” rating and set a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Finally, Bank of America reaffirmed an “underperform” rating and issued a $4.00 target price on shares of ZoomInfo Technologies in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $6.56.
Insider Transactions at ZoomInfo Technologies
Institutional Investors Weigh In On ZoomInfo Technologies
Institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies during the fourth quarter worth $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth about $29,000. Covestor Ltd acquired a new position in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $34,000. Allworth Financial LP purchased a new position in shares of ZoomInfo Technologies during the third quarter valued at approximately $40,000. Finally, Parallel Advisors LLC purchased a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.
ZoomInfo Technologies Stock Performance
The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 0.78 and a beta of 1.04. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69. The stock’s 50-day moving average is $5.70 and its 200-day moving average is $7.82.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. ZoomInfo Technologies’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 earnings per share. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. Analysts anticipate that ZoomInfo Technologies Inc. will post 0.79 EPS for the current fiscal year.
ZoomInfo Technologies Company Profile
ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.
Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.
Read More
- Five stocks we like better than ZoomInfo Technologies
- Target Shows Strengths, But Analysts Want to See More
- NVIDIA Price Pullback? Don’t Count on It, Business Is Accelerating
- Corpay’s Quiet Strength Is Winning Wall Street
- Investors Abandoned These 3 AI Stocks Too Early, Says Jeff Clark
Receive News & Ratings for ZoomInfo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZoomInfo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
