National Bank of Canada FI Sells 618 Shares of Zoom Video Communications,
January 5, 2023
Trending News ☀️
ZM Intrinsic Value – Zoom Video Communications ($NASDAQ:ZM), Inc. is a leading provider of video and audio conferencing services. The sale of these shares is a sign of increased confidence in the company’s ability to continue to provide quality video conferencing services at an affordable price. With this purchase, the National Bank of Canada FI is likely to benefit from capital gains as the stock price of Zoom Video Communications increases in the future.
This purchase is likely to have a positive effect on the stock price and the overall value of Zoom Video Communications. It is clear that investing in Zoom Video Communications is a smart move for any investor looking for long-term growth and stability.
Price History
On Tuesday, the stock opened at $69.0 and closed at $66.7, down by 1.6% from its prior closing price of 67.7. With the increasing competition in the video conferencing market, Zoom Video Communications, Inc.’s stock could be in for a difficult period ahead. It is also possible that the institutional investors selling off Zoom Video Communications, Inc.’s stock are doing so because they believe the current price is too high and that it is better to take profits now rather than wait for a possible fall in the stock’s price. Investors should keep an eye on the news and the stock’s performance to determine if this could be a good time to buy or sell Zoom Video Communications, Inc.’s stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ZM. More…
| Total Revenues | Net Income | Net Margin |
| 4.35k | 698.23 | 18.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ZM. More…
| Operations | Investing | Financing |
| 1.29k | -552.61 | -935.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ZM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.84k | 2.08k | 20.13 |
Key Ratios Snapshot
Some of the financial key ratios for ZM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 100.4% | 334.7% | 10.9% |
| FCF Margin | ROE | ROA |
| 27.1% | 5.0% | 3.8% |
VI Analysis – ZM Intrinsic Value Calculator
ZOOM VIDEO COMMUNICATIONS is a company whose fundamentals reflect its long term potential. The intrinsic value of its stock, as assessed by the VI Line, is around $390.3. However, the current market price of the stock is only $66.7, which indicates that it is undervalued by 83%. These financial metrics demonstrate that ZOOM VIDEO COMMUNICATIONS is in a strong financial position, which bodes well for its long-term prospects. Furthermore, the company has continued to grow its revenues and profits in recent years, suggesting that it is performing well despite the challenging economic conditions. As such, investors may find the current market price of the stock to be an attractive investment opportunity. More…
VI Peers
In recent years, the video conferencing market has been growing rapidly with the advent of new technologies. Among the various players in this market, Zoom Video Communications Inc has emerged as a clear leader, with a market share of around 60%.
However, the company faces stiff competition from a number of other players, including Blackbird PLC, ironSource Ltd, and SentinelOne Inc.
– Blackbird PLC ($LSE:BIRD)
Blackbird PLC is a 54.22M market cap company with a ROE of -8.0%. The company is engaged in the business of providing technology solutions and services. It offers a range of products and services, including software development, web design, e-commerce, and online marketing. The company has a strong focus on delivering quality products and services to its clients. It has a team of experienced professionals who are committed to providing the best possible solutions to their clients’ needs.
– ironSource Ltd ($NYSE:IS)
IronSource Ltd is a provider of software development tools. The company has a market cap of 3.26B as of 2022 and a return on equity of 4.06%. IronSource Ltd provides tools to enable developers to create, manage, and optimize their applications. The company offers a suite of products that help developers to design, develop, test, and deploy their applications.
– SentinelOne Inc ($NYSE:S)
SentinelOne Inc is a publicly traded cybersecurity company headquartered in Mountain View, California. The company provides endpoint security, network security, and cloud security solutions. As of 2022, the company has a market capitalization of 6.58 billion and a return on equity of -12.5%. The company’s products are used by government agencies and Fortune 500 companies around the world.
Summary
The National Bank of Canada FI recently sold 618 shares of Zoom Video Communications, Inc. (ZOOM), providing investors with an indication of the stock’s potential. Overall, analysts are positive about the stock, citing its strong fundamentals and potential for growth. Zoom also has a strong balance sheet and cash flow, both of which make it a solid investment.
Furthermore, the company has a wide variety of services, including video meetings, video webinars, and video conferencing. With all these factors in mind, ZOOM is an attractive option for those looking to invest in a promising technology stock.
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