On Tuesday, Zoom Communications Inc (NASDAQ: ZM) opened higher 0.48% from the last session, before settling in for the closing price of $78.82. Price fluctuations for ZM have ranged from $55.06 to $92.80 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 95.81%. Company’s average yearly earnings per share was noted 4.32% at the time writing. With a float of $261.49 million, this company’s outstanding shares have now reached $306.50 million.
Considering the fact that the conglomerate employs 7420 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Zoom Communications Inc is 14.68%, while institutional ownership is 57.94%. The most recent insider transaction that took place on Jan 10 ’25, was worth 851,170. In this transaction Pres. of Engineering & Product of this company sold 10,817 shares at a rate of $78.69, taking the stock ownership to the 117,760 shares. Before that another transaction happened on Jan 10 ’25, when Company’s Chief Accounting Officer sold 1,412 for $78.69, making the entire transaction worth $111,104. This insider now owns 5,404 shares in total.
Zoom Communications Inc (ZM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.34 per share during the current fiscal year.
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
Check out the current performance indicators for Zoom Communications Inc (ZM). In the past quarter, the stock posted a quick ratio of 4.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.25. Likewise, its price to free cash flow for the trailing twelve months is 14.07.
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)
Compared to the last year’s volume of 2.13 million, its volume of 2.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.12%. Additionally, its Average True Range was 2.22.
During the past 100 days, Zoom Communications Inc’s (ZM) raw stochastic average was set at 59.34%, which indicates a significant increase from 14.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.56% in the past 14 days, which was lower than the 35.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.47, while its 200-day Moving Average is $68.06. Nevertheless, the first resistance level for the watch stands at $80.12 in the near term. At $81.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.83. If the price goes on to break the first support level at $78.41, it is likely to go to the next support level at $77.61. Should the price break the second support level, the third support level stands at $76.70.
Zoom Communications Inc (NASDAQ: ZM) Key Stats
There are currently 306,495K shares outstanding in the company with a market cap of 24.27 billion. Presently, the company’s annual sales total 4,527 M according to its annual income of 637,460 K. Last quarter, the company’s sales amounted to 1,178 M and its income totaled 207,050 K.
