Zoom Video Communications Inc. (NASDAQ: ZM) has a higher price-to-earnings ratio of 203.48x compared to its average ratio,, and the 36-month beta value for ZM is at -0.23.
The public float for ZM is 227.58M, and currently, shorts hold a 6.35% of that float. The average trading volume for ZM on May 16, 2023 was 3.89M shares.
ZM) stock’s latest price update
Zoom Video Communications Inc. (NASDAQ: ZM)’s stock price has soared by 3.67 in relation to previous closing price of 63.69. Nevertheless, the company has seen a gain of 4.93% in its stock price over the last five trading days. Barron’s reported on 02/28/23 that Zoom Video Shares Rally as Earnings Top Estimates
ZM’s Market Performance
Zoom Video Communications Inc. (ZM) has seen a 4.93% rise in stock performance for the week, with a -4.99% decline in the past month and a -13.66% plunge in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are at 3.05% for ZM.. The simple moving average for the past 20 days is 3.68% for ZM’s stock, with a -13.78% simple moving average for the past 200 days.
Analysts’ Opinion of ZM
Many brokerage firms have already submitted their reports for ZM stocks, with Rosenblatt repeating the rating for ZM by listing it as a “Neutral.” The predicted price for ZM in the upcoming period, according to Rosenblatt is $75 based on the research report published on March 24th of the current year 2023.
MKM Partners, on the other hand, stated in their research note that they expect to see ZM reach a price target of $75, previously predicting the price at $100. The rating they have provided for ZM stocks is “Neutral” according to the report published on January 23rd, 2023.
Wedbush gave a rating of “Neutral” to ZM, setting the target price at $80 in the report published on December 15th of the previous year.
ZM Trading at -2.26% 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 -46.77% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares sank -2.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.75% lower at present.
During the last 5 trading sessions, ZM rose by +4.93%, which changed the moving average for the period of 200-days by -37.84% in comparison to the 20-day moving average, which settled at $63.60. In addition, Zoom Video Communications Inc. saw -2.52% 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 Bawa Aparna, who sale 10,500 shares at the price of $61.42 back on May 02. After this action, Bawa Aparna now owns 29,119 shares of Zoom Video Communications Inc., valued at $644,874 using the latest closing price.
Steckelberg Kelly, the Chief Financial Officer of Zoom Video Communications Inc., sale 3,224 shares at $61.70 during a trade that took place back on Apr 27, which means that Steckelberg Kelly is holding 0 shares at $198,920 based on the most recent closing price.
Stock Fundamentals for ZM
Current profitability levels for the company are sitting at:
- +5.59 for the present operating margin
- +69.05 for the gross margin
The net margin for Zoom Video Communications Inc. stands at +2.36. The total capital return value is set at 4.03, while invested capital returns managed to touch 1.71. Equity return is now at value 1.70, with 1.30 for asset returns.
Based on Zoom Video Communications Inc. (ZM), the company’s capital structure generated 1.55 points at debt to equity in total, while total debt to capital is 1.53. Total debt to assets is 1.19, with long-term debt to equity ratio resting at 1.19. Finally, the long-term debt to capital ratio is 1.17.
When we switch over and look at the enterprise to sales, we see a ratio of 3.10, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 8.99 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.53.
Conclusion
In conclusion, Zoom Video Communications Inc. (ZM) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.