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Zoom Video Communications Inc. Is A Buy Small Cap Stock: Analysts – Marketing Sentinel

Zoom Video Communications Inc. (NASDAQ:ZM) has seen 0.79 million shares traded in the recent trading session. The company, currently valued…

By Staff , in Video Marketing , at July 28, 2021


Zoom Video Communications Inc. (NASDAQ:ZM) has seen 0.79 million shares traded in the recent trading session. The company, currently valued at $108.95B, closed the recent trade at $372.85 per share which meant it gained $5.31 on the day or 1.44% during that session. The ZM stock price is -57.93% off its 52-week high price of $588.84 and 38.31% above the 52-week low of $230.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.1 million shares traded. The 3-month trading volume is 3.12 million shares.

The consensus among analysts is that Zoom Video Communications Inc. (ZM) is an Overweight stock at the moment, with a recommendation rating of 2.20. 1 analysts rate the stock as a Sell, while 1 rate it as Overweight. 13 out of 28 have rated it as a Hold, with 12 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $1.16.




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Sporting 1.44% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 07/27/21 when the ZM stock price touched $372.85 or saw a rise of 1.28%. Year-to-date, Zoom Video Communications Inc. shares have moved 8.96%, while the 5-day performance has seen it change 3.30%. Over the past 30 days, the shares of Zoom Video Communications Inc. (NASDAQ:ZM) have changed -1.32%. Short interest in the company has seen 10.58 million shares shorted with days to cover at 3.04.

Wall Street analysts have a consensus price target for the stock at $412.63, which means that the shares’ value could jump 9.64% from the levels at last check today. The projected low price target is $242.00 while the price target rests at a high of $525.00. In that case, then, we find that the latest price level in today’s session is -40.81% off the targeted high while a plunge would see the stock lose 35.09% from the levels at last check today.

Zoom Video Communications Inc. (ZM) estimates and forecasts

Figures show that Zoom Video Communications Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -1.83% over the past 6 months, with this year growth rate of 39.52%, compared to 3.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 26.10% and 10.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 51.00%.

19 analysts offering their estimates for the company have set an average revenue estimate of $991.29 million for the current quarter. 19 have an estimated revenue figure of $1.01 billion for the next quarter concluding in Oct 2021.

Earnings growth for 2021 is a modest 40.10% while over the next 5 years, the company’s earnings are expected to increase by 15.38%.

ZM Dividends

Zoom Video Communications Inc. is expected to release its next earnings report between August 30 and September 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Zoom Video Communications Inc. (NASDAQ:ZM)’s Major holders

Insiders own 14.31% of the company shares, while shares held by institutions stand at 54.13% with a share float percentage of 63.16%. Investors are also buoyed by the number of investors in a company, with Zoom Video Communications Inc. having a total of 1,256 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 12.54 million shares worth more than $4.03 billion. As of Mar 30, 2021, Price (T.Rowe) Associates Inc held 5.29% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 12.4 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $3.98 billion and represent 5.24% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF. As of Mar 30, 2021, the former fund manager holds about 2.31% shares in the company for having 5.46 million shares of worth $1.76 billion while later fund manager owns 2.93 million shares of worth $972.57 million as of May 30, 2021, which makes it owner of about 1.24% of company’s outstanding stock.



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