jaxdog

$ZI On Watch List for New Break-out

Long
NASDAQ:ZI   ZoomInfo Technologies Inc.
I'm looking for $ZI to breakout to the upside here. They have a great story and good fundamentals. I've been in this name for awhile now and when / if it breaks out with some volume over today's high, I'll be looking to make this a full position. All TBD. They reported earnings and had a slight beat and guided in line going forward. I don't expect an explosive move but I can see this moving up to the $70.00 range. Ideas, not investing / trading advice.

Here's the earnings just reported:

Zoominfo Technologies Inc Cl A (ZI) reported 4th Quarter December 2020 earnings of $0.12 per share on revenue of $139.7 million. The consensus earnings estimate was $0.10 per share on revenue of $130.6 million. The Earnings Whisper number was $0.12 per share.

The company said it expects first quarter non-GAAP earnings of $0.10 to $0.11 per share on revenue of $144.0 million to $146.0 million and 2021 earnings of $0.47 to $0.49 per share on revenue of $645.0 million to $655.0 million. The current consensus estimate is earnings of $0.10 per share on revenue of $133.75 million for the quarter ending March 31, 2021 and earnings of $0.47 per share on revenue of $599.15 million for the year ending December 31, 2021

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.