What is DA Davidson’s Estimate for ZI Q4 Earnings?

ZoomInfo Technologies Inc. (NASDAQ:ZI) – Equities research analysts at DA Davidson issued their Q4 2024 EPS estimates for ZoomInfo Technologies in a research note issued to investors on Wednesday, November 13th. DA Davidson analyst G. Luria forecasts that the company will post earnings per share of $0.14 for the quarter. DA Davidson has a “Neutral” rating and a $9.50 price objective on the stock. The consensus estimate for ZoomInfo Technologies’ current full-year earnings is $0.55 per share.

ZI has been the topic of several other research reports. Daiwa America cut ZoomInfo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 13th. Citigroup dropped their price objective on shares of ZoomInfo Technologies from $11.00 to $7.00 and set a “sell” rating for the company in a research note on Thursday, August 8th. Barclays decreased their target price on shares of ZoomInfo Technologies from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of ZoomInfo Technologies from $17.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, August 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $15.00 price target on shares of ZoomInfo Technologies in a research report on Wednesday. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $12.76.

ZoomInfo Technologies Price Performance

Shares of NASDAQ ZI opened at $10.53 on Thursday. The firm has a market cap of $3.85 billion, a P/E ratio of 351.12, a price-to-earnings-growth ratio of 8.00 and a beta of 1.03. The business’s 50 day moving average is $10.50 and its 200-day moving average is $11.36. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.66. ZoomInfo Technologies has a 1-year low of $7.65 and a 1-year high of $19.39.

Hedge Funds Weigh In On ZoomInfo Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZI. Advisors Asset Management Inc. raised its position in shares of ZoomInfo Technologies by 45.3% during the first quarter. Advisors Asset Management Inc. now owns 4,964 shares of the company’s stock worth $80,000 after acquiring an additional 1,547 shares during the last quarter. GAMMA Investing LLC increased its position in ZoomInfo Technologies by 114.9% during the 3rd quarter. GAMMA Investing LLC now owns 3,992 shares of the company’s stock valued at $41,000 after purchasing an additional 2,134 shares during the period. State of Alaska Department of Revenue raised its holdings in ZoomInfo Technologies by 7.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 34,265 shares of the company’s stock worth $353,000 after purchasing an additional 2,275 shares during the last quarter. J.Safra Asset Management Corp raised its holdings in ZoomInfo Technologies by 955.2% during the 2nd quarter. J.Safra Asset Management Corp now owns 2,638 shares of the company’s stock worth $34,000 after purchasing an additional 2,388 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of ZoomInfo Technologies by 39.0% in the 3rd quarter. KBC Group NV now owns 9,393 shares of the company’s stock valued at $97,000 after purchasing an additional 2,635 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Company Profile

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.