ZoomInfo Technologies (NASDAQ:GTM) Sets New 12-Month Low – Here’s What Happened

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTMGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $5.72 and last traded at $5.75, with a volume of 7672095 shares traded. The stock had previously closed at $6.18.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GTM. Wells Fargo & Company dropped their price target on shares of ZoomInfo Technologies from $10.00 to $6.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 10th. Piper Sandler reduced their price objective on shares of ZoomInfo Technologies from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Wall Street Zen raised shares of ZoomInfo Technologies from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Jefferies Financial Group dropped their target price on shares of ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Finally, DA Davidson cut their target price on shares of ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $9.25.

Read Our Latest Stock Report on GTM

ZoomInfo Technologies Price Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 1.63 and a beta of 1.09. The stock has a 50 day moving average price of $6.88 and a 200-day moving average price of $9.25.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.20 by $0.12. ZoomInfo Technologies had a return on equity of 16.32% and a net margin of 9.94%.The firm had revenue of $319.10 million during the quarter. During the same period in the prior year, the company posted $0.26 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS.

Hedge Funds Weigh In On ZoomInfo Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. purchased a new stake in ZoomInfo Technologies during the 4th quarter valued at about $255,416,000. Sachem Head Capital Management LP purchased a new position in ZoomInfo Technologies in the 4th quarter worth approximately $150,465,000. Dimensional Fund Advisors LP acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth approximately $123,138,000. LSV Asset Management acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth approximately $103,545,000. Finally, RPD Fund Management LLC grew its position in shares of ZoomInfo Technologies by 19.4% in the fourth quarter. RPD Fund Management LLC now owns 9,628,318 shares of the company’s stock valued at $97,920,000 after purchasing an additional 1,564,102 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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