Shares of Zoom Video Communications (NASDAQ: ZM) are trading nearly 9% higher in today’s pre-open on fears the new South African COVID-19 variant will trigger fresh lockdowns. In such a scenario, Zoom is expected to benefit again from the work-from-home regime that helped shares rally in 2020.
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How much further could zoom stock fall?
Apr 13, 2022 · A pandemic darling stock, Zoom (NASDAQ: ZM) is having a great day as it unveils new products.Despite recently declining more than 80% from its 52-week high, ZM stock is soaring higher today, up 8% ...
Is Zoom a good stock to buy?
Apr 13, 2022 · However, today’s rise in ZM stock appears to be about more than just dip-buying among value investors. Let’s dive into what’s getting investors excited about Zoom again. ZM Stock Surges Higher on New Platform Innovations. Today, Zoom announced interesting platform innovations the market
Is now the time to sell your zoom stock?
The company aims to create a more visually engaging and efficient collaboration method via the Whiteboard release. "Zoom Whiteboard is arming teams with the power of continuous communication in an ...
Why does zoom keep going down?
Apr 19, 2022 · What's Going On With Zoom Video Stock Today? Zoom Video Communications Inc ( NASDAQ: ZM) shares are trading higher Tuesday alongside several software companies on continued volatility as traders...
WHY IS Zoom stock up?
ZM stock soared in March as the corporate shift to work-from-home boosted demand for its video-calling app. Shares retreated in early April amid reports that hackers were breaking into Zoom meetings.7 days ago
Is ZM a good buy Now?
Zoom Video Communications, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of ZM, demonstrate its potential to underperform the market. It currently has a Growth Score of C.
Why is ZM up?
The improvement in Zoom phone was primarily due to growth of large customers with ARR of $1000,000 reflecting growth of 149% year over year. Meanwhile, the number of paid seats were more than 10,000, highlighting a whopping increase of 122% year over year.Mar 30, 2022
Is Zoom stock a buy hold or sell?
Zoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 15 buy ratings, 14 hold ratings, and 1 sell rating.
What is the future of Zoom stock?
Zoom's non-GAAP operating margin expanded from 14.2% in fiscal 2020 to 37.1% in fiscal 2021, then rose again to 40.4% in fiscal 2022. But in fiscal 2023, Zoom expects its non-GAAP operating margin to drop to about 32%. Analysts also expect its operating margin to stay nearly flat in 2024.Mar 7, 2022
Is Zoom a Chinese company?
Zoom is a U.S.-founded company and its founder Eric Yuan is a Chinese immigrant who is now an American citizen. However, the company's development team is “largely” based in China, according to Zoom's regulatory filing from earlier this year.Aug 3, 2020
Why is ZM stock down?
The stock is down nearly 80% since its October 2020 peak, due to a combination of slowing growth and reduced valuation multiples for technology stocks.Mar 2, 2022
How many shares of ZOM are there?
Share StatisticsAvg Vol (3 month) 317.3MShares Outstanding 5979.9MImplied Shares Outstanding 6N/AFloat 8965.89M% Held by Insiders 12.63%7 more rows
Is Zoom a good stock long term?
Bottom line is good. It's doing great in terms of cash and revenue is at 55 percent year-over-year for the full-year 2022.Mar 14, 2022
Why you should buy Zoom stock?
Revenue and earnings growth remain strong -- analysts are forecasting revenue and earnings per share to grow by 54% and 46% year over year up to $4.1 billion and $4.87 per share in fiscal year 2022, respectively. Zoom has almost no debt, boasting a debt-to-equity ratio of 2% and a strong cash position of $1.3 billion.Mar 3, 2022
Who runs Zoom?
Eric YuanEric Yuan is the founder of Zoom, a video communications tool that went public in April 2019; Zoom usage surged during the coronavirus pandemic. He was previously a manager of WebEx at Cisco, which acquired the video conferencing company in 2007.
Does Zoom pay a dividend?
The current TTM dividend payout for Zoom Video Communications (ZM) as of April 14, 2022 is $0.00. The current dividend yield for Zoom Video Communications as of April 14, 2022 is 0.00%.