Core Insights - Investors are encouraged to consider ZoomInfo due to recent improvements in earnings estimates and solid short-term price momentum [1][8] - The rising trend in earnings estimate revisions reflects growing analyst optimism, which is expected to positively impact the stock price [2][3] - ZoomInfo has received strong agreement among analysts in raising earnings estimates, leading to higher consensus estimates for the upcoming quarter and full year [3][6] Current-Quarter Estimate Revisions - The expected earnings per share (EPS) for the current quarter is $0.24, indicating a year-over-year increase of +41.18% [5] - The Zacks Consensus Estimate for ZoomInfo has risen by 5.12% over the last 30 days, with four estimates increasing and no negative revisions [5] Current-Year Estimate Revisions - For the full year, the expected EPS is $0.97, reflecting a change of +1.04% from the previous year [6] - Over the past month, seven estimates have been revised upward, contributing to a positive consensus outlook [6] Favorable Zacks Rank - ZoomInfo currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and potential for outperformance [7] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [7] Bottom Line - Strong estimate revisions have led to a 15.7% increase in ZoomInfo's stock over the past four weeks, suggesting further upside potential [8]
Can ZoomInfo (GTM) Run Higher on Rising Earnings Estimates?