Zoom Communications Inc (ZM) is expecting 23.91% growth in the next quarter: What can investors do to maximize their returns?

Zoom Communications Inc (NASDAQ: ZM) kicked off on Friday, down -3.74% from the previous trading day, before settling in for the closing price of $87.05. Over the past 52 weeks, ZM has traded in a range of $55.06-$92.80.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Technology Sector giant saw their annual sales surged by 95.81% over the last five years. While this was happening, its average annual earnings per share was recorded 4.32%. With a float of $261.49 million, this company’s outstanding shares have now reached $306.50 million.

The firm has a total of 7420 workers. Let’s measure their productivity. In terms of profitability, gross margin is 74.51%, operating margin of 17.93%, and the pretax margin is 26.32%.

Zoom Communications Inc (ZM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Zoom Communications Inc is 14.68%, while institutional ownership is 57.74%. The most recent insider transaction that took place on Dec 10 ’24, was worth 131,740. In this transaction Chief Accounting Officer of this company sold 1,551 shares at a rate of $84.94, taking the stock ownership to the 3,251 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Pres. of Engineering & Product sold 3,618 for $84.94, making the entire transaction worth $307,309. This insider now owns 107,826 shares in total.

Zoom Communications Inc (ZM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 4.32% per share during the next fiscal year.

Zoom Communications Inc (NASDAQ: ZM) Trading Performance Indicators

Take a look at Zoom Communications Inc’s (ZM) current performance indicators. Last quarter, stock had a quick ratio of 4.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.34. Likewise, its price to free cash flow for the trailing twelve months is 14.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.00, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 5.35 in one year’s time.

Technical Analysis of Zoom Communications Inc (ZM)

Analysing the last 5-days average volume posted by the [Zoom Communications Inc, ZM], we can find that recorded value of 3.1 million was lower than the volume posted last year of 3.34 million. As of the previous 9 days, the stock’s Stochastic %D was 67.95%. Additionally, its Average True Range was 2.69.

During the past 100 days, Zoom Communications Inc’s (ZM) raw stochastic average was set at 76.13%, which indicates a significant increase from 22.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.34% in the past 14 days, which was higher than the 36.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.07, while its 200-day Moving Average is $66.62. Now, the first resistance to watch is $86.27. This is followed by the second major resistance level at $88.74. The third major resistance level sits at $90.19. If the price goes on to break the first support level at $82.35, it is likely to go to the next support level at $80.90. Should the price break the second support level, the third support level stands at $78.43.

Zoom Communications Inc (NASDAQ: ZM) Key Stats

The company with the Market Capitalisation of 24.72 billion has total of 306,495K Shares Outstanding. Its annual sales at the moment are 4,527 M in contrast with the sum of 637,460 K annual income. Company’s last quarter sales were recorded 1,178 M and last quarter income was 207,050 K.