(VIANEWS) – ZoomInfo (ZI) shares slumped 13.64% at 13:32 EST Tuesday after experiencing a recent upward trend, to EUR13.40 at 13:32 EST – marking a dramatic turnaround from the prior session when ZoomInfo rose 0.11% to EUR12,774.85. ZoomInfo’s closing price of EUR15.51 marked a 67.53% decrease compared to its 52-week high of EUR47.76.
About ZoomInfo
ZoomInfo Technologies Inc. provides go-to-market intelligence and engagement platforms for sales and marketing teams worldwide. Cloudera provides data on organizations and professionals, enabling users to quickly identify target customers and decision-makers, access updated predictive lead and company scoring, track buying signals, craft messages for automated sales tools and track progress through the deal cycle. ZoomInfo Technologies Inc. was established in 2007 in Vancouver, Washington and offers their platform to enterprises, mid-market companies and small businesses across industries including software development, business services, manufacturing, telecom services, financial services retail media internet transportation education hospitality real estate among others. ZoomInfo was named one of the fastest growing technology companies by Inc Magazine in 2007.
Yearly Analysis
Here’s a concise investment outlook for ZoomInfo:
Yearly Top and Bottom ValueThe stock is currently trading at EUR13.40, below its 52-week low of EUR15.53. Investors should carefully monitor its performance and consider purchasing when it reaches or falls below this mark so as to potentially benefit from an upward rebound in value.
Anticipated Sales GrowthZoomInfo’s sales growth is projected at 12.1% this year and 7.5% next year, showing that its business expansion is on track – an encouraging sign for investors. However, investors should carefully analyze ZoomInfo’s fundamentals and competitive landscape to ascertain if its projected expansion can sustain itself over time.
ZoomInfo currently boasts an Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) figure of EUR125.83, signaling to investors that it enjoys a healthy operating profit margin. A strong EBITDA indicates to investors that ZoomInfo’s operations are producing significant profits that may translate to increased stock performance in the long term. Investors should take note of ZoomInfo’s current valuation, sales growth and EBITDA when making investment decisions and conduct further analyses including an in-depth examination of its financial statements, management team and industry trends before making their final decisions.
Technical Analysis
ZoomInfo Stock Drops Below Moving Averages
ZoomInfo’s current stock price of EUR12.85 has dropped significantly below both its 50-day moving average of EUR17.25 and 200-day moving average of EUR22.72 indicating a downward trend over recent months.
Increased Trading Volume
ZoomInfo trading volume has seen an exponential rise despite its low stock price performance; today’s volume of 11,107,458 represents an increase of 67.19% when compared with its usual volume of 6,615,260, suggesting investors may have taken greater interest in its stock despite recent performance issues.
ZoomInfo’s recent volatility has been relatively moderate, with only minor spikes and fluctuations over the course of last week, month, and quarter – including an upward spike of 1.90% last week and negative change from last month – and its stock’s volatility remaining within a relatively narrow range – potentially an indication of market stability.
Stochastic Oscillator Indicates That ZoomInfo Stock Is Overbought ZoomInfo’s stock appears to be overbought according to the stochastic oscillator indicator – an increasingly popular technical indicator used for identifying overbought and oversold conditions – currently. This may signal that ZoomInfo may need a period of consolidation or correction before continuing upward trends again.
Quarter Analysis
ZoomInfo’s current sales growth of 11.9% for this quarter and projected future revenue growth of 3% signal a healthy trajectory for growth for ZoomInfo. This trend is further confirmed by their year-on-year quarterly revenue growth of 15.5% that has brought them twelve trailing months revenue of over 1.2 billion. ZoomInfo stands out among competitors as being an effective performer within its industry and could represent a promising investment opportunity within tech. Investors should first assess other factors, such as competition, industry trends and overall financial health before making their decisions.
Equity Analysis
Based on ZoomInfo’s financial data, its trailing twelve months EPS stands at EUR0.31, signalling strong profitability levels. However, its trailing twelve month price-earnings ratio stands at 43.21 suggesting investors may be paying an above market premium per euro of annual earnings earned.
Return on Equity (ROE) for the twelve-month trailing period was 5.53%, which represents a reasonable return on investment. While not extremely high, this number indicates that shareholder funds are producing some profit and providing return.
Investors must carefully assess these figures against a company’s overall financial health, growth prospects and competition within its industry. Furthermore, investors should review both historical financial performance data as well as earnings projections prior to making investment decisions.
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