Analysts Set ZoomInfo Technologies Inc. (NASDAQ:GTM) PT at $11.61

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have been assigned an average recommendation of “Hold” from the eleven research firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $11.6091.

A number of analysts have issued reports on the company. Barclays reduced their price objective on ZoomInfo Technologies from $14.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, January 12th. BTIG Research started coverage on shares of ZoomInfo Technologies in a research report on Wednesday, December 17th. They issued a “buy” rating and a $13.00 price target on the stock. KeyCorp upgraded shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. The Goldman Sachs Group boosted their target price on shares of ZoomInfo Technologies from $9.40 to $10.70 and gave the stock a “sell” rating in a report on Tuesday, November 4th. Finally, Citigroup upped their target price on shares of ZoomInfo Technologies from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th.

Insider Activity

In other news, General Counsel Ashley Mcgrane sold 6,600 shares of ZoomInfo Technologies stock in a transaction that occurred 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 approximately $331,984.31. The trade was a 18.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.00% of the stock is owned by insiders.

Institutional Trading of ZoomInfo Technologies

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. bought a new position in ZoomInfo Technologies during the fourth quarter valued at $255,416,000. JPMorgan Chase & Co. bought a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $74,670,000. Retirement Systems of Alabama purchased a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $14,412,000. Robeco Institutional Asset Management B.V. purchased a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $7,100,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in ZoomInfo Technologies during the 4th quarter valued at about $5,799,000. 95.47% of the stock is currently owned by institutional investors.

ZoomInfo Technologies Stock Performance

GTM opened at $8.19 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 1.36 and a beta of 1.06. The company has a fifty day moving average of $9.79 and a 200 day moving average of $10.38. ZoomInfo Technologies has a fifty-two week low of $7.01 and a fifty-two week high of $12.63.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.17 by $0.11. ZoomInfo Technologies had a net margin of 8.40% and a return on equity of 14.55%. The business had revenue of $318.00 million during the quarter, compared to the consensus estimate of $303.86 million. During the same quarter in the prior year, the firm earned $0.28 EPS. The business’s revenue was up 4.7% on a year-over-year basis. 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.

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.