Zoom Video Communications Inc. (NASDAQ:ZM) changes shares on Monday trading session, with a change of 8.88% or $19.5 shares. The trading starts at $227.84 and closed at $219.52 throughout the day. The trading session low price was $226.38 and day high was $239.59 on Monday, June 15. After the session, the Communication Services sector daily volume shifted to 13.96 million while its average volume is 14.59M. In other hand, the ZM market cap reached to $68.21B. While, its current target price is $239.02 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 13.91% and up 42.35% for month. Its quarterly performance was 121.60% above, while its half year performance is up 282.49%. ZM yearly performance stood at positive 138.33% and rise 251.29% for year-to-date. Current recommendation for Zoom Video Communications Inc. is 2.50.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ZM EPS (TTM) for 12-month is 0.18. EPS for this year is 268.60%, while for the next year its value is 1.54. Sales growth for the current quarter is 34.33 while its EPS Q/Q reached 1122.90%. It has an EPS of next five years will be up 38.46%.
Let’s take a look on the analyst recommendations on ZM for the current month and previous month. For the current month, 11 of 31 analysts recommend stock as Buy while 5 as Sell, 3 as overweight, 0 as underweight and 12 as Hold. As compared with the previous month ratings, 30 analysts participate in stock recommendation. Out of 30, 5 rated it sell, 7 rated it as Buy and 15 as Hold Ratings. On the other hand, target price ranges from $154.00-$261.00. Average target price for ZM was reached at $210.78.
Morgan Stanley, Baillie Gifford and Company and Artisan Partners Limited Partnership are the top three holders in Zoom Video Communications Inc. (ZM) stock. On Mar 30, 2020, Morgan Stanley has 12.19 million shares which valued 1.78 billion. On Mar 30, 2020, Baillie Gifford and Company owned 7.17 million shares which valued at 1.05 billion. On Mar 30, 2020, Artisan Partners Limited Partnership has a total of 6.37 million shares which valued at 931.49 million. In the end, Artisan Partners Limited Partnership have 3.50% shares outstanding of Zoom Video Communications Inc. (ZM) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 44.60%.
The company posted an EPS (TTM) of 0.18. According to the most recent quarter report on (Jul 2020), 26 analysts estimated an average EPS of 0.45, while 0.08 EPS posted a year ago period. Analyst Estimated EPS for ZM published in the report was 0.38-0.54 during the same period. Comparing with last year, the average estimated EPS was 0.08 which is lower than 0.2 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ZM rise 129.77% for period of 200 days. SMA for 50 days was 45.44% which is showing green signal, while SMA-20 was 24.73%. The moving average value for Zoom Video Communications Inc. (ZM) is 119.00 and 177.91 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ZM stock. On Jun 10, Swanson Bart, Director, sold 3,000 trading shares at the cost of $215.00, which valued at 0.65 million. On Jun 08, Hammonds Kimberly, Director, sold 3,125 shares at the cost of $205.91, with total shares of 0. On Jun 05, Swanson Bart, Director, sold 41,500 shares at the cost of 201.18. After this transaction, Swanson Bart total shares reached to 0 which valued at 8.35 million.