Zoom Communications Inc [ZM] stock is trading at $85.27, down -0.39%. An important factor to consider is whether the stock is rising or falling in short-term value. The ZM shares have gain 1.75% over the last week, with a monthly amount glided 5.01%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Zoom Communications Inc [NASDAQ: ZM] stock has seen the most recent analyst activity on December 19, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $100 from $85. Previously, Evercore ISI upgraded its rating to Outperform on November 26, 2024, and elevated its price target to $115. Rosenblatt upgraded its rating to a Buy but stick to its price target of $75 on April 18, 2024. Jefferies initiated its recommendation with a Hold and recommended $70 as its price target on March 19, 2024. Exane BNP Paribas downgraded its rating to Underperform for this stock on January 18, 2024, but kept the price target unchanged to $60. In a note dated December 20, 2023, Wells Fargo downgraded an Underweight rating on this stock but restated the target price of $70.
Zoom Communications Inc [ZM] stock has fluctuated between $55.06 and $92.80 over the past year. Currently, Wall Street analysts expect the stock to reach $80.4 within the next 12 months. Zoom Communications Inc [NASDAQ: ZM] shares were valued at $85.27 at the most recent close of the market. An investor can expect a potential drop of -5.71% based on the average ZM price forecast.
Analyzing the ZM fundamentals
Zoom Communications Inc [NASDAQ:ZM] reported sales of 4.63B for the trailing twelve months, which represents a growth of 3.59%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.11 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 84.54 points at the first support level, and at 83.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.87, and for the 2nd resistance point, it is at 86.47.
Ratios To Look Out For
For context, Zoom Communications Inc’s Current Ratio is 4.50. On the other hand, the Quick Ratio is 4.50, and the Cash Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 5.75, the price to book ratio is 3.01 and price to earnings (TTM) ratio is 28.46.
Transactions by insiders
Recent insider trading involved Crehan Shane, Chief Accounting Officer, that happened on Dec 10 ’24 when 1551.0 shares were sold. Pres. of Engineering & Product, Sankarlingam Velchamy completed a deal on Dec 10 ’24 to sell 3618.0 shares. Meanwhile, Officer Shane Crehan bought 1551.0 shares on Dec 10 ’24.
