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As of close of business last night, Zoom Video Communications Inc’s stock clocked out at $69.94, down -1.06% from its previous closing price of $70.69. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 2.76 million shares were traded. ZM stock price reached its highest trading level at $71.13 during the session, while it also had its lowest trading level at $69.9.
Ratios:
To gain a deeper understanding of ZM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.51. For the most recent quarter (mrq), Quick Ratio is recorded 4.45 and its Current Ratio is at 4.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 19, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $70.
Exane BNP Paribas Downgraded its Neutral to Underperform on January 18, 2024, while the target price for the stock was maintained at $60.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 21 ’24 when Steckelberg Kelly sold 5,013 shares for $59.70 per share. The transaction valued at 299,298 led to the insider holds 0 shares of the business.
Steckelberg Kelly sold 5,007 shares of ZM for $283,601 on Aug 07 ’24. The Chief Financial Officer now owns 0 shares after completing the transaction at $56.64 per share. On Aug 06 ’24, another insider, Yuan Eric S., who serves as the Chief Executive Officer of the company, sold 2,420 shares for $56.13 each. As a result, the insider received 135,836 and left with 87,934 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZM now has a Market Capitalization of 21526763520 and an Enterprise Value of 14070772736. As of this moment, Zoom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.05, and their Forward P/E ratio for the next fiscal year is 15.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.69 while its Price-to-Book (P/B) ratio in mrq is 2.53. Its current Enterprise Value per Revenue stands at 3.068 whereas that against EBITDA is 16.49.
Stock Price History:
Over the past 52 weeks, ZM has reached a high of $75.90, while it has fallen to a 52-week low of $55.06. The 50-Day Moving Average of the stock is 17.79%, while the 200-Day Moving Average is calculated to be 9.45%.
Shares Statistics:
It appears that ZM traded 3.51M shares on average per day over the past three months and 6498990 shares per day over the past ten days. A total of 307.79M shares are outstanding, with a floating share count of 261.54M. Insiders hold about 15.03% of the company’s shares, while institutions hold 59.24% stake in the company. Shares short for ZM as of 1723680000 were 8252057 with a Short Ratio of 2.35, compared to 1721001600 on 8909143. Therefore, it implies a Short% of Shares Outstanding of 8252057 and a Short% of Float of 3.15.
Earnings Estimates
Currently, 27.0 analysts are dedicated to thoroughly evaluating and rating the performance of Zoom Video Communications Inc (ZM) in the stock market.The consensus estimate for the next quarter is $1.29, with high estimates of $1.44 and low estimates of $1.25.
Analysts are recommending an EPS of between $5.72 and $5.18 for the fiscal current year, implying an average EPS of $5.35. EPS for the following year is $5.28, with 30.0 analysts recommending between $5.85 and $4.87.
Revenue Estimates
For the next quarter, 27 analysts are estimating revenue of $1.17B. There is a high estimate of $1.2B for the next quarter, whereas the lowest estimate is $1.16B.
A total of 32 analysts have provided revenue estimates for ZM’s current fiscal year. The highest revenue estimate was $4.68B, while the lowest revenue estimate was $4.63B, resulting in an average revenue estimate of $4.64B. In the same quarter a year ago, actual revenue was $4.53BBased on 32 analysts’ estimates, the company’s revenue will be $4.79B in the next fiscal year. The high estimate is $4.99B and the low estimate is $4.68B.
