Brokerages Set ZoomInfo Technologies Inc. (NASDAQ:GTM) Target Price at $11.79

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

Several brokerages have recently commented on GTM. Citigroup boosted their price target on ZoomInfo Technologies from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Wells Fargo & Company started coverage on ZoomInfo Technologies in a research report on Wednesday, October 1st. They set an “underweight” rating and a $10.00 target price on the stock. The Goldman Sachs Group upped their target price on ZoomInfo Technologies from $9.40 to $10.70 and gave the company a “sell” rating in a report on Tuesday, November 4th. KeyCorp upgraded ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Finally, BTIG Research initiated coverage on shares of ZoomInfo Technologies in a research report on Wednesday, December 17th. They issued a “buy” rating and a $13.00 price objective on the stock.

ZoomInfo Technologies Stock Performance

NASDAQ:GTM opened at $10.58 on Friday. The firm’s fifty day simple moving average is $10.14 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. The stock has a market cap of $3.30 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 1.64 and a beta of 1.06. 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, topping analysts’ consensus estimates of $0.17 by $0.11. ZoomInfo Technologies had a net margin of 8.40% and a return on equity of 14.55%. The firm had revenue of $318.00 million for the quarter, compared to the consensus estimate of $303.86 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. The firm’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.

Insider Activity

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,600 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total transaction of $77,154.00. Following the sale, the general counsel owned 28,399 shares in the company, valued at approximately $331,984.31. This represents a 18.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 9.00% of the stock is owned by company insiders.

Institutional Trading of ZoomInfo Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP purchased a new stake in ZoomInfo Technologies during the 3rd quarter worth about $40,000. GAMMA Investing LLC purchased a new position in ZoomInfo Technologies in the 4th quarter valued at about $47,000. True Wealth Design LLC acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter worth about $74,000. EMC Capital Management purchased a new stake in shares of ZoomInfo Technologies during the third quarter worth about $76,000. Finally, Advisory Services Network LLC purchased a new stake in shares of ZoomInfo Technologies during the third quarter worth about $105,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

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.