ZoomInfo Technologies (NASDAQ:GTM) Price Target Cut to $12.00 by Analysts at Barclays

ZoomInfo Technologies (NASDAQ:GTM) had its price target cut by equities research analysts at Barclays from $14.00 to $12.00 in a report issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective would indicate a potential upside of 14.39% from the company’s current price.

Several other brokerages have also recently weighed in on GTM. Citigroup raised their price target on shares of ZoomInfo Technologies from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group upped their price objective on shares of ZoomInfo Technologies from $9.40 to $10.70 and gave the company a “sell” rating in a report on Tuesday, November 4th. Royal Bank Of Canada boosted their price target on ZoomInfo Technologies from $7.00 to $8.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. UBS Group increased their target price 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. Finally, BTIG Research assumed coverage on ZoomInfo Technologies in a research note on Wednesday, December 17th. They issued a “buy” rating and a $13.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, ZoomInfo Technologies has a consensus rating of “Hold” and an average price target of $11.61.

ZoomInfo Technologies Trading Up 0.9%

GTM traded up $0.09 during mid-day trading on Monday, reaching $10.49. The stock had a trading volume of 2,071,771 shares, compared to its average volume of 4,102,805. The firm’s fifty day simple moving average is $10.13 and its two-hundred day simple moving average is $10.48. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $3.27 billion, a P/E ratio of 33.84, a P/E/G ratio of 1.62 and a beta of 1.06. ZoomInfo Technologies has a 52 week low of $7.01 and a 52 week high of $12.63.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, November 3rd. The company reported $0.28 EPS for the quarter, beating the consensus estimate 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 company posted $0.28 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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 Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,600 shares of the firm’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 transaction, the general counsel directly owned 28,399 shares of the company’s stock, valued at $331,984.31. This trade represents a 18.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of ZoomInfo Technologies during the 3rd quarter valued at about $74,670,000. CIBC Private Wealth Group LLC acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at about $5,419,000. Wealth Enhancement Advisory Services LLC acquired a new position in ZoomInfo Technologies in the fourth quarter worth $1,358,000. New Mexico Educational Retirement Board acquired a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $681,000. Finally, SG Americas Securities LLC acquired a new position in ZoomInfo Technologies during the 4th quarter valued at about $522,000. 95.47% of the stock is currently 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.