Zoom Video Communications Inc. (NASDAQ:ZM) went down by -8.59% from its latest closing price compared to the recent 1-year high of $357.93. The company’s stock price has collected -1.32% of loss in the last five trading sessions. Barron’s reported on 05/26/22 that Exxon Mobil Is Riding High. It Was Valued at Less Than Zoom in 2020.
Is It Worth Investing in Zoom Video Communications Inc. (NASDAQ :ZM) Right Now?
Zoom Video Communications Inc. (NASDAQ:ZM) scored a price-to-earnings ratio above its average ratio, recording 27.48 x from its present earnings ratio. Plus, the 36-month beta value for ZM is at -0.61. Opinions of the stock are interesting as 11 analysts out of 33 who provided ratings for Zoom Video Communications Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 19 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $126.64, which is $48.52 above the current price. ZM currently public float of 220.56M and currently shorts hold a 5.24% ratio of that float. Today, the average trading volume of ZM was 5.09M shares.
ZM’s Market Performance
ZM stocks went down by -1.32% for the week, with a monthly jump of 13.40% and a quarterly performance of 19.39%, while its annual performance rate touched -68.13%. The volatility ratio for the week stands at 5.14% while the volatility levels for the past 30 days are set at 5.12% for Zoom Video Communications Inc. The simple moving average for the period of the last 20 days is -4.39% for ZM stocks with a simple moving average of -26.90% for the last 200 days.
Analysts’ Opinion of ZM
Many brokerage firms have already submitted their reports for ZM stocks, with Citigroup repeating the rating for ZM by listing it as a “Sell.” The predicted price for ZM in the upcoming period, according to Citigroup is $91 based on the research report published on August 16th of the current year 2022.
MKM Partners, on the other hand, stated in their research note that they expect to see ZM reach a price target of $135. The rating they have provided for ZM stocks is “Buy” according to the report published on August 04th, 2022.
Bernstein gave a rating of “Mkt Perform” to ZM, setting the target price at $122 in the report published on July 20th of the current year.
ZM Trading at -5.90% 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 -71.08% of loss for the given period.
Volatility was left at 5.12%, however, over the last 30 days, the volatility rate increased by 5.14%, as shares surge +2.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.83% lower at present.
During the last 5 trading sessions, ZM fell by -1.10%, which changed the moving average for the period of 200-days by -62.35% in comparison to the 20-day moving average, which settled at $108.36. In addition, Zoom Video Communications Inc. saw -38.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ZM starting from Bawa Aparna, who sale 404 shares at the price of $111.17 back on Aug 10. After this action, Bawa Aparna now owns 72,935 shares of Zoom Video Communications Inc., valued at $44,913 using the latest closing price.
Bawa Aparna, the Chief Operating Officer of Zoom Video Communications Inc., sale 2,000 shares at $107.46 during a trade that took place back on Aug 09, which means that Bawa Aparna is holding 73,339 shares at $214,918 based on the most recent closing price.
Stock Fundamentals for ZM
Current profitability levels for the company are sitting at:
- +27.57 for the present operating margin
- +74.28 for the gross margin
The net margin for Zoom Video Communications Inc. stands at +33.54.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.79.