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The price of Zoom Video Communications Inc (NASDAQ: ZM) closed at $58.41 in the last session, up 0.12% from day before closing price of $58.34. In other words, the price has increased by $0.12 from its previous closing price. On the day, 1.42 million shares were traded. ZM stock price reached its highest trading level at $58.7799 during the session, while it also had its lowest trading level at $58.17.
Ratios:
We take a closer look at ZM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.98. For the most recent quarter (mrq), Quick Ratio is recorded 4.36 and its Current Ratio is at 4.36. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 26 ’24 when Steckelberg Kelly sold 5,007 shares for $57.59 per share. The transaction valued at 288,352 led to the insider holds 0 shares of the business.
Bawa Aparna sold 836 shares of ZM for $47,493 on Jun 18 ’24. The Chief Operating Officer now owns 1,978 shares after completing the transaction at $56.81 per share. On Jun 13 ’24, another insider, Crehan Shane, who serves as the Chief Accounting Officer of the company, sold 363 shares for $60.25 each. As a result, the insider received 21,871 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 18132910080 and an Enterprise Value of 10826428416. As of this moment, Zoom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.72, and their Forward P/E ratio for the next fiscal year is 11.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 2.373 whereas that against EBITDA is 13.116.
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 $55.63. The 50-Day Moving Average of the stock is -4.51%, while the 200-Day Moving Average is calculated to be -9.99%.
Shares Statistics:
According to the various share statistics, ZM traded on average about 3.25M shares per day over the past 3-months and 3557550 shares per day over the past 10 days. A total of 260.90M shares are outstanding, with a floating share count of 240.46M. Insiders hold about 22.24% of the company’s shares, while institutions hold 59.95% stake in the company. Shares short for ZM as of 1718323200 were 9878159 with a Short Ratio of 3.04, compared to 1715731200 on 12480320. Therefore, it implies a Short% of Shares Outstanding of 9878159 and a Short% of Float of 3.75.
