ZoomInfo Technologies (NASDAQ:GTM) Research Coverage Started at BTIG Research

BTIG Research initiated coverage on shares of ZoomInfo Technologies (NASDAQ:GTM) in a report released on Wednesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $13.00 price objective on the stock.

Several other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group boosted their target price on ZoomInfo Technologies from $9.40 to $10.70 and gave the stock a “sell” rating in a research note on Tuesday, November 4th. UBS Group boosted their price objective on shares of ZoomInfo Technologies from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. 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 report on Tuesday, November 4th. KeyCorp upgraded shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research note on Monday, December 15th. Finally, Royal Bank Of Canada boosted their price target on shares of ZoomInfo Technologies from $7.00 to $8.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $11.79.

ZoomInfo Technologies Stock Performance

Shares of GTM stock opened at $10.27 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.86. The firm has a fifty day moving average price of $10.30 and a 200 day moving average price of $10.44. The company has a market cap of $3.20 billion, a P/E ratio of 33.13, a PEG ratio of 1.69 and a beta of 1.05. ZoomInfo Technologies has a 12 month low of $7.01 and a 12 month high of $12.63.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. The company had revenue of $318.00 million for the quarter, compared to analysts’ expectations of $303.86 million. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.ZoomInfo Technologies’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $0.28 earnings per share. 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 Buying and Selling

In related news, General Counsel Ashley Mcgrane sold 6,600 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $11.69, for a total transaction of $77,154.00. Following the completion of the sale, the general counsel owned 28,399 shares in the company, valued at $331,984.31. This represents a 18.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

Hedge funds have recently modified their holdings of the stock. Allworth Financial LP acquired a new position in ZoomInfo Technologies in the 3rd quarter valued at $40,000. EMC Capital Management purchased a new stake in shares of ZoomInfo Technologies in the third quarter valued at about $76,000. Advisory Services Network LLC acquired a new position in shares of ZoomInfo Technologies during the third quarter worth about $105,000. Swiss Life Asset Management Ltd purchased a new position in ZoomInfo Technologies during the third quarter worth about $140,000. Finally, New Mexico Educational Retirement Board purchased a new position in ZoomInfo Technologies during the third quarter worth about $681,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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.