Upcoming Earnings Insights for ZoomInfo Technologies
Anticipating ZoomInfo Technologies' Earnings Announcement
ZoomInfo Technologies (NASDAQ: GTM) is preparing to unveil its quarterly earnings soon. Investors are keenly awaiting this announcement, interested in how the company's performance compares to analysts' expectations.
Analyst Predictions
Industry analysts forecast that ZoomInfo Technologies will report an earnings per share (EPS) of $0.22. This estimate sets the stage for investor reactions, as performance beyond expectations can lead to significant market movements.
Recent Performance Trends
In their prior earnings release, ZoomInfo Technologies surpassed EPS estimates by $0.06. This positive surprise typically affects stock performance, but it is worth noting that the share price decreased by 7.98% in the following trading session.
Stock Performance Overview
As of the latest trading day, shares of ZoomInfo Technologies traded at $10.9. Over the last year, the stock has witnessed a decline of 1.86%. This trend might signal caution among long-term investors as they anticipate this forthcoming earnings report.
Analysts' Sentiment on ZoomInfo Technologies
Keeping a pulse on market sentiments is crucial for investors. The consensus among analysts regarding ZoomInfo Technologies is categorized as Underperform, with an average projected price target of $9.8, indicating potential downside risks.
Comparative Analysis with Peers
When examining peer companies, analysts are optimistic about CarGurus, which has a Neutral trajectory and offers an impressive average one-year price target of $40.43, suggesting a significant upside opportunity.
ZoomInfo Technologies' Financial Metrics
Understanding the financial landscape is vital. Recently, ZoomInfo Technologies reported a revenue growth of 5.21%. This figure is impressive when observed over recent months but still falls short compared to its industry competitors.
Revenue and Profit Insights
The gross profit reported by ZoomInfo Technologies stands at $257.20 million, showcasing a healthy margin. Despite this, the company's return on equity is relatively lower at 1.5%, suggesting room for improvement in capital utilization efficiency.
Debt Management Analysis
Financial health can also be gauged through debt management. ZoomInfo Technologies displays a debt-to-equity ratio of 1.0, positioning it above industry averages. This reliance on debt may correlate with higher financial risks but could also reflect aggressive growth strategies.
A Glimpse into the Future
Investors are urged to stay updated. Upcoming announcements and strategic changes could significantly impact ZoomInfo Technologies’ stock trajectory. It's essential to monitor market trends and company initiatives closely.
Frequently Asked Questions
When is the earnings announcement for ZoomInfo Technologies?
The earnings announcement is expected soon, with anticipation building among investors.
What is the forecasted EPS for ZoomInfo Technologies?
Analysts predict an EPS of $0.22 for the upcoming earnings report.
How has the stock performed recently?
Recently, the stock has declined by 1.86% over the past year.
What do analysts think about the stock’s performance?
The consensus rating is Underperform, indicating cautious sentiment.
How does ZoomInfo Technologies compare with its peers?
It has strong revenue growth yet struggles with return on equity compared to its competitors.
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