Zoom Communications Inc (NASDAQ: ZM) is -9.06% lower on its value in year-to-date trading and has touched a low of $55.06 and a high of $92.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZM stock was last observed hovering at around $81.10 in the last trading session, with the day’s loss setting it -6.88%.
Currently trading at $74.22, the stock is -12.53% and -10.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.06 million and changing -8.48% at the moment leaves the stock 4.45% off its SMA200. ZM registered 19.48% gain for a year compared to 6-month gain of 9.08%.
The stock witnessed a -7.42% loss in the last 1 month and extending the period to 3 months gives it a -5.88%, and is -12.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.22% over the week and 3.23% over the month.
Zoom Communications Inc (ZM) has around 7420 employees, a market worth around $22.75B and $4.67B in sales. Current P/E ratio is 23.18 and Fwd P/E is 13.40. Profit margin for the company is 21.65%. Distance from 52-week low is 34.80% and -20.02% from its 52-week high. The company has generated returns on investments over the last 12 months (11.26%).
with sales reaching $1.17B over the same period.The EPS is expected to shrink by -2.51% this year, but quarterly earnings will post 2.79% year-over-year. Quarterly sales are estimated to grow 2.09% in year-over-year returns.
Zoom Communications Inc (ZM) Top Institutional Holders
The shares outstanding are 306.50M, and float is at 261.45M with Short Float at 3.41%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.78 million shares valued at $1.41 billion. The investor’s holdings represent 7.704% of the ZM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.53 million shares valued at $919.33 million to account for 5.0314 of the shares outstanding. The other top investors are FMR LLC which holds 10.05 million shares representing 3.2554% and valued at over $594.83 million, while STATE STREET CORP holds 1.9345 of the shares totaling 5.97 million with a market value of $353.47 million.
Zoom Communications Inc (ZM) Insider Activity
The most recent transaction is an insider sale by Yuan Eric S., the company’s Chief Executive Officer. SEC filings show that Yuan Eric S. sold 83,332 shares of the company’s common stock on Feb 04 ’25 at a price of $86.28 per share for a total of $7.19 million. Following the sale, the insider now owns 0.0 shares.
Zoom Communications Inc disclosed in a document filed with the SEC on Feb 05 ’25 that Yuan Eric S. (Chief Executive Officer) sold a total of 83,332 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $86.12 per share for $7.18 million. Following the transaction, the insider now directly holds 0.0 shares of the ZM stock.
Still, SEC filings show that on Jan 15 ’25, Chadwick Jonathan (Director) disposed off 25,000 shares at an average price of $80.33 for $2.01 million. The insider now directly holds 1,514 shares of Zoom Communications Inc (ZM).
