Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Zoom Video Communications Inc (NASDAQ: ZM) closed at $61.13 down -0.16% from its previous closing price of $61.23. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 2.52 million shares were traded. ZM stock price reached its highest trading level at $62.1 during the session, while it also had its lowest trading level at $61.03.
Ratios:
For a deeper understanding of Zoom Video Communications Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.89. For the most recent quarter (mrq), Quick Ratio is recorded 4.38 and its Current Ratio is at 4.38. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 07 ’24 when Yuan Eric S. sold 2,420 shares for $62.11 per share. The transaction valued at 150,317 led to the insider holds 87,880 shares of the business.
Yuan Eric S. sold 2,420 shares of ZM for $149,594 on May 06 ’24. The Chief Executive Officer now owns 90,300 shares after completing the transaction at $61.82 per share. On May 01 ’24, another insider, Steckelberg Kelly, who serves as the Chief Financial Officer of the company, sold 5,007 shares for $61.42 each. As a result, the insider received 307,519 and left with 0 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 19007578112 and an Enterprise Value of 11911589888. As of this moment, Zoom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.76, and their Forward P/E ratio for the next fiscal year is 12.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 2.631 whereas that against EBITDA is 16.951.
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 $58.87. The 50-Day Moving Average of the stock is -5.00%, while the 200-Day Moving Average is calculated to be -8.01%.
Shares Statistics:
For the past three months, ZM has traded an average of 3.48M shares per day and 2690120 over the past ten days. A total of 260.90M shares are outstanding, with a floating share count of 236.53M. Insiders hold about 23.80% of the company’s shares, while institutions hold 56.36% stake in the company. Shares short for ZM as of 1713139200 were 12778014 with a Short Ratio of 3.67, compared to 1710460800 on 12168363. Therefore, it implies a Short% of Shares Outstanding of 12778014 and a Short% of Float of 4.9000002.
Earnings Estimates
Its stock is currently analyzed by 26.0 different market analysts. On average, analysts expect EPS of $1.19 for the current quarter, with a high estimate of $1.34 and a low estimate of $1.17, while EPS last year was $1.16. The consensus estimate for the next quarter is $1.24, with high estimates of $1.37 and low estimates of $1.17.
Analysts are recommending an EPS of between $5.46 and $4.83 for the fiscal current year, implying an average EPS of $4.92. EPS for the following year is $4.98, with 29.0 analysts recommending between $5.5 and $4.58.
Revenue Estimates
A total of 27 analysts believe the company’s revenue will be $1.13B this quarter.It ranges from a high estimate of $1.14B to a low estimate of $1.12B. As of the current estimate, Zoom Video Communications Inc’s year-ago sales were $1.11BFor the next quarter, 27 analysts are estimating revenue of $1.15B. There is a high estimate of $1.19B for the next quarter, whereas the lowest estimate is $1.14B.
A total of 33 analysts have provided revenue estimates for ZM’s current fiscal year. The highest revenue estimate was $4.78B, while the lowest revenue estimate was $4.59B, resulting in an average revenue estimate of $4.62B. In the same quarter a year ago, actual revenue was $4.53BBased on 32 analysts’ estimates, the company’s revenue will be $4.8B in the next fiscal year. The high estimate is $5.2B and the low estimate is $4.62B.
