ZoomInfo Technologies Inc. (NASDAQ:GTM) Given Consensus Recommendation of “Hold” by Brokerages

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have been given an average recommendation of “Hold” by the eleven research firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, six have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $11.7909.

Several research firms have issued reports on GTM. The Goldman Sachs Group increased their price objective on ZoomInfo Technologies from $9.40 to $10.70 and gave the stock a “sell” rating in a research report on Tuesday, November 4th. Barclays raised their price objective on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 4th. BTIG Research began coverage on shares of ZoomInfo Technologies in a research report on Wednesday, December 17th. They set a “buy” rating and a $13.00 target price on the stock. Royal Bank Of Canada lifted their price target on shares of ZoomInfo Technologies from $7.00 to $8.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. Finally, UBS Group boosted their price target on ZoomInfo Technologies from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th.

ZoomInfo Technologies Trading Up 2.4%

Shares of ZoomInfo Technologies stock opened at $10.49 on Friday. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 33.84, a price-to-earnings-growth ratio of 1.60 and a beta of 1.06. ZoomInfo Technologies has a 52-week low of $7.01 and a 52-week high of $12.63. The company’s 50-day simple moving average is $10.16 and its 200-day simple moving average is $10.47. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.86.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.The company had revenue of $318.00 million for the quarter, compared to analyst estimates of $303.86 million. During the same quarter in the previous year, the company earned $0.28 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS and its Q4 2025 guidance at 0.270-0.290 EPS.

Insiders Place Their Bets

In other news, General Counsel Ashley Mcgrane sold 6,600 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total value of $77,154.00. Following the completion of the transaction, the general counsel owned 28,399 shares in the company, valued at $331,984.31. This trade represents a 18.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 9.00% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of large investors have recently added to or reduced their stakes in GTM. JPMorgan Chase & Co. purchased a new position in ZoomInfo Technologies during the 3rd quarter valued at about $74,670,000. CIBC Private Wealth Group LLC acquired a new stake in shares of ZoomInfo Technologies in the third quarter valued at approximately $5,419,000. New Mexico Educational Retirement Board purchased a new position in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $681,000. Swiss Life Asset Management Ltd acquired a new position in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $140,000. Finally, Advisory Services Network LLC acquired a new position in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $105,000. 95.47% of the stock is owned by institutional investors and hedge funds.

About ZoomInfo Technologies

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.