The price of Zoom Video Communications Inc (NASDAQ: ZM) closed at $66.42 in the last session, down -0.11% from day before closing price of $66.49. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 2812489 shares were traded.
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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 2.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.74. 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 December 20, 2023, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $70.
Citigroup Upgraded its Sell to Neutral on November 17, 2023, while the target price for the stock was maintained at $66.
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 Mar 05 ’24 when Yuan Eric S. sold 2,420 shares for $67.01 per share. The transaction valued at 162,173 led to the insider holds 82,740 shares of the business.
Yuan Eric S. sold 2,420 shares of ZM for $169,025 on Mar 04 ’24. The Chief Executive Officer now owns 85,160 shares after completing the transaction at $69.84 per share. On Mar 04 ’24, another insider, Subotovsky Santiago, who serves as the Director of the company, sold 2,067 shares for $69.83 each. As a result, the insider received 144,343 and left with 155,559 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 20.45B and an Enterprise Value of 13.56B. As of this moment, Zoom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.34, and their Forward P/E ratio for the next fiscal year is 13.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 3.00 whereas that against EBITDA is 21.53.
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 67.28, while the 200-Day Moving Average is calculated to be 67.50.
Shares Statistics:
According to the various share statistics, ZM traded on average about 4.07M shares per day over the past 3-months and 7.05M shares per day over the past 10 days. A total of 260.90M shares are outstanding, with a floating share count of 229.97M. Insiders hold about 24.46% of the company’s shares, while institutions hold 59.46% stake in the company. Shares short for ZM as of Feb 15, 2024 were 12.72M with a Short Ratio of 3.12, compared to 12.47M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.18% and a Short% of Float of 4.94%.
Earnings Estimates
The company has 25 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.2 for the current quarter, with a high estimate of $1.34 and a low estimate of $1.17, while EPS last year was $1.04. 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 $4.97, with 28 analysts recommending between $5.5 and $4.58.
Revenue Estimates
A total of 31 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 $4.53B, up 2.00% from the average estimate. Based on 30 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. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
