In the past week, ZM stock has gone down by -1.84%, with a monthly decline of -5.21% and a quarterly plunge of -5.11%. The volatility ratio for the week is 1.96%, and the volatility levels for the last 30 days are 2.11% for Zoom Video Communications Inc The simple moving average for the past 20 days is -3.98% for ZM’s stock, with a -5.60% simple moving average for the past 200 days.
Is It Worth Investing in Zoom Video Communications Inc (NASDAQ: ZM) Right Now?
The price-to-earnings ratio for Zoom Video Communications Inc (NASDAQ: ZM) is above average at 30.94x, Company’s 36-month beta value is -0.07.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ZM is 232.75M, and currently, short sellers hold a 5.23% ratio of that floaft. The average trading volume of ZM on April 08, 2024 was 3.47M shares.
ZM) stock’s latest price update
Zoom Video Communications Inc (NASDAQ: ZM)’s stock price has soared by 0.95 in relation to previous closing price of 62.94. Nevertheless, the company has seen a loss of -1.84% in its stock price over the last five trading days. WSJ reported 2024-04-07 that Start to year was even better than hoped. Also: A flashback to the 30th anniversary of the Kidder Peabody bond scandal.
Analysts’ Opinion of ZM
Many brokerage firms have already submitted their reports for ZM stocks, with Jefferies repeating the rating for ZM by listing it as a “Hold.” The predicted price for ZM in the upcoming period, according to Jefferies is $70 based on the research report published on March 19, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see ZM reach a price target of $60. The rating they have provided for ZM stocks is “Underperform” according to the report published on January 18th, 2024.
Wells Fargo gave a rating of “Underweight” to ZM, setting the target price at $70 in the report published on December 20th of the previous year.
ZM Trading at -3.38% from the 50-Day Moving Average
After a stumble in the market that brought ZM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.29% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -5.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.19% lower at present.
During the last 5 trading sessions, ZM fell by -2.29%, which changed the moving average for the period of 200-days by -5.50% in comparison to the 20-day moving average, which settled at $65.98. In addition, Zoom Video Communications Inc saw -11.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZM starting from Steckelberg Kelly, who sale 5,007 shares at the price of $63.39 back on Apr 03 ’24. After this action, Steckelberg Kelly now owns 0 shares of Zoom Video Communications Inc, valued at $317,410 using the latest closing price.
Subotovsky Santiago, the Director of Zoom Video Communications Inc, sale 1,100 shares at $65.38 during a trade that took place back on Apr 01 ’24, which means that Subotovsky Santiago is holding 154,459 shares at $71,919 based on the most recent closing price.
Stock Fundamentals for ZM
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.76 for the gross margin
The net margin for Zoom Video Communications Inc stands at 0.14. The total capital return value is set at 0.06. Equity return is now at value 8.96, with 7.06 for asset returns.
Based on Zoom Video Communications Inc (ZM), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 21.92. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -15.62.
Currently, EBITDA for the company is 519.96 million with net debt to EBITDA at -2.86. When we switch over and look at the enterprise to sales, we see a ratio of 3.98. The receivables turnover for the company is 8.45for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.38.
Conclusion
In a nutshell, Zoom Video Communications Inc (ZM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
