ZoomInfo Technologies Inc. (NASDAQ:GTM) Receives $11.79 Average Target Price from Analysts

by · The Cerbat Gem

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) have been assigned a consensus rating of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $11.7909.

A number of analysts have issued reports on GTM shares. Citigroup boosted their price objective on shares of ZoomInfo Technologies from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. The Goldman Sachs Group boosted their price target on ZoomInfo Technologies from $9.40 to $10.70 and gave the company a “sell” rating in a research note on Tuesday, November 4th. KeyCorp upgraded ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research note on Monday, December 15th. UBS Group upped their target price on ZoomInfo Technologies from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Royal Bank Of Canada increased their target price on ZoomInfo Technologies from $7.00 to $8.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th.

View Our Latest Report on ZoomInfo Technologies

Insider Buying and Selling

In other news, General Counsel Ashley Mcgrane sold 6,600 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were 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 directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Institutional investors have recently added to or reduced their stakes in the stock. New Mexico Educational Retirement Board bought a new position in ZoomInfo Technologies in the 3rd quarter valued at approximately $681,000. Allworth Financial LP acquired a new position in shares of ZoomInfo Technologies during the third quarter worth $40,000. Swiss Life Asset Management Ltd acquired a new position in shares of ZoomInfo Technologies during the third quarter worth $140,000. JPMorgan Chase & Co. bought a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at $74,670,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of ZoomInfo Technologies during the 3rd quarter valued at $5,419,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Stock Performance

GTM opened at $9.61 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.67 and a quick ratio of 0.67. The business has a fifty day simple moving average of $10.20 and a 200 day simple moving average of $10.46. ZoomInfo Technologies has a 1 year low of $7.01 and a 1 year high of $12.63. The company has a market capitalization of $2.99 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.06.

ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, beating 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 company had revenue of $318.00 million during the quarter, compared to analysts’ expectations of $303.86 million. During the same quarter in the previous year, the business posted $0.28 earnings per share. ZoomInfo Technologies’s quarterly 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.

About ZoomInfo Technologies

(Get Free Report)

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.

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