In the last three months, 14 analysts have published ratings on ZoomInfo Technologies ZI, offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 3 | 6 | 0 | 2 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 3 | 2 | 4 | 0 | 2 |
3M Ago | 0 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $17.36, a high estimate of $25.00, and a low estimate of $11.00. This current average represents a 18.31% decrease from the previous average price target of $21.25.
Interpreting Analyst Ratings: A Closer Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive ZoomInfo Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Turrin | Wells Fargo | Lowers | Overweight | $19.00 | $21.00 |
Tyler Radke | Citigroup | Lowers | Sell | $11.00 | $13.00 |
Joshua Reilly | Needham | Maintains | Buy | $25.00 | $25.00 |
Raimo Lenschow | Barclays | Lowers | Equal-Weight | $15.00 | $19.00 |
Jason Ader | Keybanc | Lowers | Overweight | $18.00 | $20.00 |
David Hynes | Canaccord Genuity | Lowers | Buy | $20.00 | $22.00 |
Michael Turrin | Wells Fargo | Lowers | Overweight | $21.00 | $28.00 |
Taylor McGinnis | UBS | Lowers | Neutral | $16.00 | $19.00 |
Parker Lane | Stifel | Lowers | Buy | $20.00 | $24.00 |
Siti Panigrahi | Mizuho | Lowers | Neutral | $14.00 | $23.00 |
Kash Rangan | Goldman Sachs | Lowers | Sell | $12.00 | $19.50 |
Brent Bracelin | Piper Sandler | Lowers | Neutral | $15.00 | $24.00 |
Elizabeth Porter | Morgan Stanley | Lowers | Equal-Weight | $18.00 | $20.00 |
Raimo Lenschow | Barclays | Lowers | Equal-Weight | $19.00 | $20.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to ZoomInfo Technologies. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ZoomInfo Technologies compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of ZoomInfo Technologies's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of ZoomInfo Technologies's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on ZoomInfo Technologies analyst ratings.
Unveiling the Story Behind ZoomInfo Technologies
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Nearly all of its revenue is derived from the United States.
ZoomInfo Technologies's Financial Performance
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: ZoomInfo Technologies's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 3.13%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: ZoomInfo Technologies's net margin excels beyond industry benchmarks, reaching 4.87%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): ZoomInfo Technologies's ROE stands out, surpassing industry averages. With an impressive ROE of 0.73%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): ZoomInfo Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.22%, the company showcases efficient use of assets and strong financial health.
Debt Management: ZoomInfo Technologies's debt-to-equity ratio stands notably higher than the industry average, reaching 0.68. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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