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Zoom Video Communications (ZM) Stock Price, News & Analysis

Zoom Video Communications logo
$81.20 +2.34 (+2.97%)
(As of 11/21/2024 ET)

About Zoom Video Communications Stock (NASDAQ:ZM)

Key Stats

Today's Range
$78.90
$81.65
50-Day Range
$66.04
$86.32
52-Week Range
$55.06
$87.15
Volume
3.96 million shs
Average Volume
3.23 million shs
Market Capitalization
$24.99 billion
P/E Ratio
29.10
Dividend Yield
N/A
Price Target
$76.61
Consensus Rating
Hold

Company Overview

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

Zoom Video Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
83rd Percentile Overall Score

ZM MarketRank™: 

Zoom Video Communications scored higher than 83% of companies evaluated by MarketBeat, and ranked 174th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Zoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.19, and is based on 6 buy ratings, 13 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Zoom Video Communications has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Zoom Video Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Zoom Video Communications are expected to decrease by -5.42% in the coming year, from $2.77 to $2.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Zoom Video Communications is 29.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Zoom Video Communications is 29.10, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 263.83.

  • Price to Earnings Growth Ratio

    Zoom Video Communications has a PEG Ratio of 6.64. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Zoom Video Communications has a P/B Ratio of 3.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Zoom Video Communications' valuation and earnings.
  • Percentage of Shares Shorted

    2.95% of the outstanding shares of Zoom Video Communications have been sold short.
  • Short Interest Ratio / Days to Cover

    Zoom Video Communications has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Zoom Video Communications has recently increased by 4.72%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Zoom Video Communications does not currently pay a dividend.

  • Dividend Growth

    Zoom Video Communications does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.95% of the outstanding shares of Zoom Video Communications have been sold short.
  • Short Interest Ratio / Days to Cover

    Zoom Video Communications has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Zoom Video Communications has recently increased by 4.72%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Zoom Video Communications has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Zoom Video Communications this week, compared to 12 articles on an average week.
  • Search Interest

    Only 42 people have searched for ZM on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Zoom Video Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Zoom Video Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,095,467.00 in company stock.

  • Percentage Held by Insiders

    10.78% of the stock of Zoom Video Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    66.54% of the stock of Zoom Video Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Zoom Video Communications' insider trading history.
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ZM Stock News Headlines

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ZM Stock Analysis - Frequently Asked Questions

Zoom Video Communications' stock was trading at $71.91 on January 1st, 2024. Since then, ZM shares have increased by 12.9% and is now trading at $81.20.
View the best growth stocks for 2024 here
.

Zoom Video Communications, Inc. (NASDAQ:ZM) released its quarterly earnings results on Wednesday, August, 21st. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.18. The business's quarterly revenue was up 2.1% compared to the same quarter last year.

Zoom Video Communications (ZM) raised $627 million in an IPO on Thursday, April 18th 2019. The company issued 20,900,000 shares at $28.00-$32.00 per share. Morgan Stanley, J. P. Morgan, Goldman Sachs and Credit Suisse served as the underwriters for the IPO and BofA Merriil Lynch, RBC Capital Markets, Wells Fargo Securities, JMP Securities, KeyBanc Capital Markets, Piper Jaffray, Stifel and William Blair were co-managers.

Top institutional investors of Zoom Video Communications include FMR LLC (4.04%), State Street Corp (1.98%), Pacer Advisors Inc. (1.78%) and Geode Capital Management LLC (1.49%). Insiders that own company stock include Santiago Subotovsky, Kelly Steckelberg, Velchamy Sankarlingam, Janet Napolitano, Aparna Bawa, Shane Crehan, Jonathan Chadwick, Ryan Azus and Eric S Yuan.
View institutional ownership trends
.

Shares of ZM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Zoom Video Communications investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), PayPal (PYPL) and Visa (V).

Company Calendar

Last Earnings
8/21/2024
Today
11/21/2024
Next Earnings (Confirmed)
11/25/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
7,420
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$76.61
High Stock Price Target
$95.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-5.5%
Consensus Rating
Hold
Rating Score (0-4)
2.19
Research Coverage
21 Analysts

Profitability

Net Income
$637.46 million
Pretax Margin
24.50%

Debt

Sales & Book Value

Annual Sales
$4.53 billion
Cash Flow
$3.84 per share
Book Value
$26.07 per share

Miscellaneous

Free Float
274,609,000
Market Cap
$24.96 billion
Optionable
Optionable
Beta
-0.05

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This page (NASDAQ:ZM) was last updated on 11/21/2024 by MarketBeat.com Staff
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