Zoom Communications Inc (NASDAQ: ZM) has a price-to-earnings ratio that is above its average at 27.60x. The stock has a 36-month beta value of -0.03. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 2 as “overweight,” 19 as “hold,” and 1 as “sell.”
The public float for ZM is 261.50M, and at present, short sellers hold a 3.40% of that float. On December 02, 2024, the average trading volume of ZM was 3.26M shares.
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ZM) stock’s latest price update
Zoom Communications Inc (NASDAQ: ZM)’s stock price has decreased by -3.13 compared to its previous closing price of 85.36. However, the company has seen a 1.83% increase in its stock price over the last five trading sessions. fool.com reported 2024-11-30 that A pandemic darling, Zoom Communications (ZM -3.13%) is well past its glory days when its stock was trading above $550 back in 2020. The company saw a lot of pull forward in demand during that time, and as a result, revenue growth has been much slower in the proceeding years.
ZM’s Market Performance
Zoom Communications Inc (ZM) has seen a 1.83% rise in stock performance for the week, with a 10.58% gain in the past month and a 19.70% surge in the past quarter. The volatility ratio for the week is 4.39%, and the volatility levels for the past 30 days are at 3.01% for ZM. The simple moving average for the last 20 days is 1.21% for ZM stock, with a simple moving average of 26.02% for the last 200 days.
Analysts’ Opinion of ZM
Many brokerage firms have already submitted their reports for ZM stocks, with Evercore ISI repeating the rating for ZM by listing it as a “Outperform.” The predicted price for ZM in the upcoming period, according to Evercore ISI is $115 based on the research report published on November 26, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see ZM reach a price target of $85, previously predicting the price at $80. The rating they have provided for ZM stocks is “Outperform” according to the report published on October 17th, 2024.
Rosenblatt gave a rating of “Buy” to ZM, setting the target price at $75 in the report published on April 18th of the current year.
ZM Trading at 10.46% 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 -10.89% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 4.39%, as shares surge +10.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.58% upper at present.
During the last 5 trading sessions, ZM rose by +1.83%, which changed the moving average for the period of 200-days by +28.92% in comparison to the 20-day moving average, which settled at $81.70. In addition, Zoom Communications Inc saw 14.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZM starting from Kelly Steckelberg, who proposed sale 414,582 shares at the price of $83.41 back on Nov 27 ’24. After this action, Kelly Steckelberg now owns shares of Zoom Communications Inc, valued at $34,580,284 using the latest closing price.
Yuan Eric S., the Chief Executive Officer of Zoom Communications Inc, sale 178,571 shares at $76.91 during a trade that took place back on Nov 05 ’24, which means that Yuan Eric S. is holding 0 shares at $13,734,554 based on the most recent closing price.
Stock Fundamentals for ZM
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.75 for the gross margin
The net margin for Zoom Communications Inc stands at 0.2. The total capital return value is set at 0.09. Equity return is now at value 11.70, with 9.41 for asset returns.
Based on Zoom Communications Inc (ZM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 49.8. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 24.78.
Currently, EBITDA for the company is 629.73 million with net debt to EBITDA at -1.47. When we switch over and look at the enterprise to sales, we see a ratio of 5.23. The receivables turnover for the company is 10.1for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.50.
Conclusion
To sum up, Zoom Communications Inc (ZM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
