ZoomInfo Technologies Experiences Blistering Growth and Expansive Total Addressable Market
January 6, 2023
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ZOOMINFO ($NASDAQ:ZI): ZoomInfo Technologies is a leading provider of data-driven insights and analytics on companies, people, and markets. It provides comprehensive business intelligence for sales and marketing professionals to identify, connect with, and engage with their most valuable customers. This growth was attributed to the company’s expanding sales force, which helped to increase the number of customers signing up for its services. TAM represents the total potential market size that a company can target with its products or services. With its expansive TAM, ZoomInfo is well-positioned to capitalize on the growing demand for business intelligence and insights by customers.
Additionally, the company has recently launched new features such as Insight Connector, which helps marketers to identify new prospects and gain valuable insights into their target audiences. It is clear that ZoomInfo Technologies is experiencing a period of strong growth and expansion. With its expanding TAM, the company is well-positioned to continue to drive growth and capitalize on the increasing demand for business intelligence and insights. As such, investors should keep an eye on ZoomInfo as it continues to experience strong growth and expand its total addressable market.
Price History
ZoomInfo Technologies has recently experienced a period of blistering growth and expansive total addressable market. The company has seen positive media coverage and its stock price has been affected positively by this. On Tuesday, ZoomInfo Technologies opened at $30.7 and closed at $29.4, down 2.2% from the previous closing price of 30.1. As the company continues to expand its product and service offerings, the size of the total addressable market will likely increase as well. This could lead to even greater growth for ZoomInfo Technologies in the near future. The company has also been able to capitalize on its expansive reach by partnering with various other businesses. This has enabled ZoomInfo Technologies to increase its customer base and create more opportunities for growth in the future.
Additionally, with the flexibility of its products, the company has been able to adapt to changing customer needs and preferences. ZoomInfo Technologies has also been able to leverage its data-driven insights to create more targeted campaigns for its customers. This has enabled the company to better understand customer needs and create more effective marketing campaigns. It has also enabled the company to better manage customer relationships and increase customer loyalty. With its strong partnerships and data-driven insights, the company is well-positioned to continue its growth trajectory in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.02k | 184.9 | 18.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…
| Operations | Investing | Financing |
| 368.2 | -136.7 | -21.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.06k | 4.86k | 5.26 |
Key Ratios Snapshot
Some of the financial key ratios for Zoominfo Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 73.0% | 65.5% | 19.0% |
| FCF Margin | ROE | ROA |
| 33.2% | 5.6% | 1.7% |
VI Analysis
An analysis through the VI App gives the company a high health score of 8/10 in terms of cashflows and debt, indicating its ability to sustain future operations in difficult times. This company is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue and earning growth due to its strong competitive advantage. Investors who are looking for steady growth opportunities with potential for high returns may be interested in investing in ZOOMINFO TECHNOLOGIES. The company is strong in terms of growth, medium in profitability, and weak in assets and dividends. However, its competitive advantage makes up for these weaknesses and provides investors with a good long term investment option. Overall, ZOOMINFO TECHNOLOGIES is a company that has good long term potential and investors should consider it for their portfolio. With strong fundamentals and competitive advantages, it is well-positioned to provide steady returns over the long term. More…
VI Peers
Its competitors include Salesforce Inc, Snowflake Inc, Microsoft Corp.
– Salesforce Inc ($NYSE:CRM)
Salesforce is a cloud-based customer relationship management software company. They offer a variety of software solutions for businesses of all sizes, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and more. Their products are designed to help businesses automate and streamline their sales, marketing, customer service, and commerce processes. Salesforce has a market cap of $162.59B as of 2022 and a Return on Equity of 0.08%.
– Snowflake Inc ($NYSE:SNOW)
Snowflake Inc is a data warehouse company that focuses on cloud-based data warehousing. The company has a market cap of 51.3B as of 2022 and a Return on Equity of -8.11%. Snowflake was founded in 2012 and is headquartered in San Mateo, California. The company went public in September 2020.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of 1.7 trillion as of April 2021. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of tablets, laptops, and desktop computers. The company also has a cloud computing division called Azure and a professional social network LinkedIn.
Summary
ZoomInfo Technologies has seen impressive growth in recent years, with a large total addressable market. This has been further reinforced by positive media coverage and investor sentiment. Looking at fundamentals, ZoomInfo Technologies boasts strong revenue and profitability figures, as well as a well-rounded product portfolio.
The company is also well-positioned to capitalize on the increasing demand for digital services and solutions in the enterprise space. With an expanding customer base, strong financials, and an attractive market opportunity, investors should consider taking a closer look at ZoomInfo Technologies.
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