The stock price of Zoom Communications Inc (NASDAQ: ZM) has jumped by 0.95 compared to previous close of 83.80. Despite this, the company has seen a gain of 0.92% in its stock price over the last five trading days. youtube.com reported 2024-12-11 that The Investment Committee give you their top stocks to watch for the second half.
Is It Worth Investing in Zoom Communications Inc (NASDAQ: ZM) Right Now?
Zoom Communications Inc (NASDAQ: ZM) has a higher price-to-earnings ratio of 28.24x compared to its average ratio. ZM has 36-month beta value of -0.02. Analysts have mixed views on the stock, with 10 analysts rating it as a “buy,” 2 as “overweight,” 19 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ZM is 261.49M, and currently, short sellers hold a 3.46% ratio of that float. The average trading volume of ZM on December 18, 2024 was 3.21M shares.
ZM’s Market Performance
ZM’s stock has seen a 0.92% increase for the week, with a 4.26% rise in the past month and a 28.10% gain in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are at 3.07% for Zoom Communications Inc The simple moving average for the past 20 days is 0.81% for ZM’s stock, with a 26.73% simple moving average for the past 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 7.49% 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 -8.84% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares surge +7.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.12% upper at present.
During the last 5 trading sessions, ZM rose by +0.92%, which changed the moving average for the period of 200-days by +21.36% in comparison to the 20-day moving average, which settled at $83.92. In addition, Zoom Communications Inc saw 17.65% 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 Crehan Shane, who sale 1,551 shares at the price of $84.94 back on Dec 10 ’24. After this action, Crehan Shane now owns 3,251 shares of Zoom Communications Inc, valued at $131,740 using the latest closing price.
Sankarlingam Velchamy, the Pres. of Engineering & Product of Zoom Communications Inc, sale 3,618 shares at $84.94 during a trade that took place back on Dec 10 ’24, which means that Sankarlingam Velchamy is holding 107,826 shares at $307,309 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 5.34. 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 put it simply, Zoom Communications Inc (ZM) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
