Zoom Video Communications Inc. is a small cap inventory for Purchase: Analysts – Advertising and marketing Sentinel

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

Analysts agree that Zoom Video Communications Inc. (ZM) is currently an overweight stock with a recommendation rating of 2.20. 1 analyst rates the stock as Sell, while 1 analyst rates it as overweight. 13 out of 28 rated it as a hold, 12 recommend it to be bought. 1 has classified the share as underweight. The expected earnings per share for the stock is $ 1.16.

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The stock was in the green at 1.44% today and has been trading in the green for the past five days, with the highest price being hit on Tuesday, 7/27/21 when ZM share price hit or $ 372.85 recorded an increase of 1.28%. Since the beginning of the year, Zoom Video Communications Inc.’s stock is up 8.96%, while its 5-day performance is up 3.30%. In the past 30 days, Zoom Video Communications Inc. (NASDAQ: ZM) stocks are down -1.32%. Short interest in the company has resulted in 10.58 million shares being sold short with days to cover at 3.04.

Wall Street analysts have a consensus price target on the stock of $ 412.63, which means the stock’s value could rise 9.64 percent from its last review today. The forecast low target price is $ 242.00 while the target price is at a high of $ 525.00. In that case, we then find that today’s session’s latest price level is -40.81% off its targeted high, while a dip would lose the stock 35.09% from its last review today.

Zoom Video Communications Inc. (ZM) estimates and forecasts

The numbers show that Zoom Video Communications Inc. stocks outperformed across the relevant industry. The company’s shares are down -1.83% over the past 6 months, with a 39.52% growth rate this year, compared with 3.20% for the industry. In addition, however, the company has raised its growth prospects for fiscal 2021 sales. The growth estimates for the current quarter are 26.10% and for the next quarter 10.10%. The sales growth compared to the last financial year is estimated at 51.00%.

19 analysts giving their estimates for the company have put an average revenue estimate of $ 991.29 million for the current quarter. 19 have estimated sales of $ 1.01 billion for the next quarter ending October 2021.

Earnings growth for 2021 is a modest 40.10%, while earnings growth is expected to be 15.38% over the next 5 years.

ZM dividends

Zoom Video Communications Inc. is expected to release its next earnings report between August 30th and September 3rd of this year, and investors are excited about the prospect of better dividends despite the company’s debt issuance.

The primary owners of Zoom Video Communications Inc. (NASDAQ: ZM)

Insiders own 14.31% of the company’s stock, while institutional stocks hold 54.13% with a stock float percentage of 63.16%. Investors are also driven 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 two largest institutional owners are Price (T.Rowe) Associates Inc. with over 12.54 million shares valued at more than $ 4.03 billion. As of March 30, 2021, Price (T.Rowe) Associates Inc. held 5.29% of the outstanding shares.

The other major institutional owner is Vanguard Group, Inc. (The), with over 12.4 million shares as of March 30, 2021. The company’s total holdings are over $ 3.98 billion, making 5, 24% of the outstanding shares.

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Also, the two largest mutual funds that hold shares in the company are the Vanguard Total Stock Market Index Fund and the Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF. As of March 30, 2021, the former fund manager holds approximately 2.31% of the company’s shares for 5.46 million shares valued at $ 1.76 billion, while the future fund manager holds 2.93 million shares as of May 30, 2021 Worth $ 972.57 million, owns approximately 1.24% of the company’s outstanding stock.

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