ZoomInfo Technologies (NASDAQ:GTM) Shares Down 4.5% – What’s Next?

ZoomInfo Technologies Inc. (NASDAQ:GTM) traded down 4.5% during trading on Friday. The stock traded as low as $3.73 and last traded at $3.6750. Approximately 380,123 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 9,444,982 shares. The stock had previously closed at $3.85.

Wall Street Analyst Weigh In

Several research firms recently weighed in on GTM. UBS Group dropped their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Wells Fargo & Company lowered their target price on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a report on Monday, July 20th. Citigroup increased their price target on ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Friday, August 7th. DA Davidson cut their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Finally, Stifel Nicolaus boosted their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, ZoomInfo Technologies has a consensus rating of “Reduce” and a consensus target price of $5.93.

ZoomInfo Technologies Price Performance

The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The business’s 50 day simple moving average is $3.86 and its 200-day simple moving average is $4.17. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of -1.99, a price-to-earnings-growth ratio of 0.59 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The company had revenue of $310.40 million for the quarter. During the same quarter in the previous year, the business posted $0.25 EPS. ZoomInfo Technologies’s revenue for the quarter was up 1.2% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. Research analysts anticipate that ZoomInfo Technologies Inc. will post 0.83 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth $68,000. Parallel Advisors LLC lifted its holdings in ZoomInfo Technologies by 105.1% in the 1st quarter. Parallel Advisors LLC now owns 7,975 shares of the company’s stock valued at $48,000 after acquiring an additional 4,086 shares during the last quarter. SJS Investment Consulting Inc. lifted its holdings in ZoomInfo Technologies by 380.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 8,947 shares of the company’s stock valued at $54,000 after acquiring an additional 7,083 shares during the last quarter. Havemeyer Place LP bought a new position in shares of ZoomInfo Technologies during the 4th quarter valued at about $102,000. Finally, Brand Asset Management Group Inc. bought a new position in shares of ZoomInfo Technologies during the 4th quarter valued at about $102,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.