Zoom stock price 2020.Is Zoom Video Stock A Buy After Recent Earnings? Our Call Is To ‘Mute’ This One
Zoom’s response with “Whiteboard” converges many of the same features but it’s clear the market share for incremental new business will be challenged. So what we’re left with here is otherwise fundamentally strong that will need to keep proving itself into long-term uncertainties. This is a bargain compared to the earnings multiple above x at one point in The consensus for EPS growth in the single-digit range between and is hardly something to write home about.
That can be a problem when we start sizing up ZM against other tech leaders that are more diversified with an entire ecosystem of products and services while ZM is dependent on its single app. In other words, it’s hard to make the case that ZM is “cheap” even following the stock price crash. In our view, one of the challenges for ZM is that the core business has become “boring” for lack of a better word.
We know the level of enterprise-level customers and the implied growth runway based on RPO, so it leaves little room for the company to outperform current expectations which would be necessary for the stock to break out much higher. One action that could make the stock more interesting would be the initiation of a regular dividend giving it more of a value appeal. The only way to justify ZM’s valuation is with some conviction that its initiatives with contact center and customer experience will really take off which are still unproven.
The biggest risk here is that the operating momentum loses traction. Signs that customer growth is slowing or an alternative solution is gaining market share would force a reassessment of the long-term outlook and open the door for another leg lower. Add some conviction to your trading! Take a look at our exclusive stock picks. Join a winning team that gets it right.
Click here for a two-week free trial. The most extensive coverage on SA! Currency in USD. Add to watchlist. Trade prices are not sourced from all markets. Previous Close Volume 5,, Market Cap Zoom Video Communications, Inc. The firm offers meetings, chat, rooms and workspaces, phone systems, video webinars, marketplace, and developer platform products.
It serves the education, finance, government, and healthcare industries. Its platform helps people to connect through voice, chat, content sharing, and face-to-face video experiences. The company was founded by Eric S. Yuan in and is headquartered in San Jose, CA. This browser is no longer supported at MarketWatch. For the best MarketWatch. FTSE DAX CAC 40 IBEX 35 Stoxx Visit Market Data Center.
Latest News All Times Eastern scroll up scroll down. Here’s What to Expect. Zoom’s recent earnings release was for Q3 of the fiscal year , ending April 30, As Zoom laps the quarters where the pandemic had its greatest impact on revenue, growth numbers will appear lower than what investors may be used to.
This deceleration in year-over-year revenue growth was to be expected. What’s going to be important to watch moving forward are the customer metrics that Zoom reports. Zoom is clearly providing products that customers see value in, and they’re responding by spending more each year.
Zoom is also a cash generation machine. This cash balance allows Zoom to make investments in the products that attract new customers and drive the company’s impressive net dollar expansion rate. While Zoom’s Q3 results are impressive, investors should be aware that some of these metrics are slowing from where they were over the past few quarters. As mentioned above, all of these metrics were bound to slow after Zoom pulled forward so much growth over the past few years.
It remains to be seen what growth looks like in the coming quarters and years as the business normalizes. However, even if the results from this quarter continue to hold steady into the future, that level of business performance would still be impressive. When Zoom was growing revenue in the triple digits during and , the market had the stock priced as if that growth would never slow.
Zoom stock price 2020 –
Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Image source: Getty Images. Fundamental company data and analyst estimates provided by FactSet. Show source. International stock quotes are delayed as per zoom stock price 2020 requirements. Zoom’s stock /17493.txt in the spring as millions of people found themselves stuck at home посетить страницу the coronavirus lockdowns. An increase in working from home WFH and social distancing has made face-to-face contact with relatives, friends, and colleagues harder.