The price of Zoom Communications Inc (NASDAQ:ZM) shares last traded on Wall Street fell -0.24% to $82.07.
ZM stock price is now 7.77% away from the 50-day moving average and 8.19% away from the 200-day moving average. The market capitalization of the company currently stands at $25.04B.
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With the price target maintained at $100, Needham recently Upgraded its rating from Hold to Buy for Zoom Communications Inc (NASDAQ: ZM). On January 17, 2025, Cantor Fitzgerald recently initiated its ‘Neutral’ rating on the stock quoting a target price of $87, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Subotovsky Santiago, Director sold 2,475 shares of the company’s stock on May 05 ’25. The stock was sold for $195,087 at an average price of $78.82. Upon completion of the transaction, the Director now directly owns 157,824 shares in the company, valued at $12.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 24 ’25, Director Subotovsky Santiago sold 2,475 shares of the business’s stock. A total of $186,684 was realized by selling the stock at an average price of $75.43. This leaves the insider owning 160,299 shares of the company worth $13.16 million. A total of 14.59% of the company’s stock is owned by insiders.
During the past 12 months, Zoom Communications Inc has had a low of $55.06 and a high of $92.80. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.48, and a quick ratio of 4.46. According to the stock market information, the enterprise value for the company is $17384312832, which is based on a 24.67 price-to-earnings ratio, a 9.35 price-to-earnings-growth ratio, and a beta of 0.72. The fifty day moving average price for ZM is $76.1517 and a two-hundred day moving average price translates $75.860725 for the stock.
The latest earnings results from Zoom Communications Inc (NASDAQ: ZM) was released for 2025-01-31. The net profit margin was 22.31% and return on equity was 12.19% for ZM. The company reported revenue of $1.18 billion for the quarter, compared to $1.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.29 percent.
