10 Lug Why Zoom Stock Is Down By 17% Today.ZM | Zoom Video Communications Inc. Stock Price & News – WSJ
ZM – Zoom Video Communications Inc Forecast –
In addition to the innovative side of the company, he highlighted the financial results, saying that “we delivered revenue of over one billion dollars driven by ongoing success in Enterprise, Zoom Rooms, and Zoom Phone, which reached 3 million seats during the quarter. Perhaps the biggest surprise , and likely the main reason for the strong bid, was the forward guidance given by Yuan and his management team.
For any bag holders, or perhaps more optimistically for anyone considering getting involved around here, this could be the signal we’ve been waiting for.
Having been beaten down relentlessly for 18 months, while becoming a poster child for the post-pandemic pop in stocks , Zoom could be on the verge of a recovery rally. But buyers beware. The teams at Coatue Management, Citi, and Piper Sandler have all either cut their price target or dropped their rating on the stock in recent weeks.
The bulls might call this the final capitulation that we’ll look back on in the months to come, and they actually mightn’t be all that wrong. In reality, how much more downside can be priced into Zoom shares? Few could call their shares expensive down here, especially as they’re now back at their pre-pandemic levels.
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Why is the zoom stock down – why is the zoom stock down:.Why Zoom Stock Is Down By 17% Today
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Learn More. They dig into the earnings report from Zoom ZM They’ve got news on a new partnership in the retail space. They also answer a listener’s question about creating a new basket of stocks.
Finally, Bill is pitching a Christmas movie idea to Chris, and much more. To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in читать далее. A full transcript follows the video.
Chris Hill: It’s Tuesday, December 1st. Welcome to MarketFoolery. I’m Chris Hill, with me today, Mr. Bill Barker. Good to see you. Hill: We’ve got retail news, we’ve got a question about the next potential war on something, and I’m not talking about, you know, global wars, I’m talking about, you know, like the War sgock Cash, that kind of thing.
Bill has a Christmas movie to pitch me. Stocm me say upfront, that’s going to be in the second half of the show, we’re going to try and keep tangents to the second half of the show. So, let’s jump right te with Zoom Video.
Third quarter results for Zoom Video were better than expected. Guidance for the fourth quarter was not what Wall Street wanted to hear. Barker: Yeah, far from a death knell, I would say.
I think it’s basically confirmation that te floor underneath this stock is very, very, very secure or the floor under the company. The ceiling gets reduced as, you know, the vaccine news comes in better. There’s been a lot of that lately. And that puts a little bit of a cap on the very near-term story of Zoom. Wh if people get to go back to their old lives, either eventually or sooner than eventually, that takes a little bit of the helium out of the Zoom stock, but, you know, [laughs] it’s still a why is the zoom stock down – why is the zoom stock down: richly valued stock.
Now, some of the guidance is a little bit cautious forbecause Zoom, like the rest of us, doesn’t really know what’s going to happen. And so, zopm massive, rapid, profitable adoption of Zoom across so many industries and so many people is great, but will wby stick around when they have the option not to. And Zoom doesn’t yet know, it’s optimistic that it’s providing a service that’s going to donw entrenched in people’s and businesses’ lives to a great degree, but it can’t make those promises.
I think that the company is known for exceeding expectations, and ia guidance that it provides. As you point out, the guidance is more conservative than Wall Street was why is the zoom stock down – why is the zoom stock down: hoping for. So really, there is some inflated, you know, price earnings multiple on top of the doen: unbelievable growth. But, you know, it could get cut-in-half again from here, sure, but it would still quadruple, triple what увидеть больше was last year.
This is similar to the recent partnership between Target and Ulta Beauty. Sephora is going to open hundreds of small beauty shops inside Kohl’s stores. They’re aiming for by next Fall and more than by That’s ambitious, but this also stcok like a smart move by Kohl’s. Barker: This is a smart move by Kohl’s. Sephora is getting out of J.
And I would say what this does is, wwhy talk sometimes floors-and-ceilings, I mean, Kohl’s was exploring what teh floor was for its business back in March. So, it still had a bad year as a stock, even though it’s more than tripled in that time period.
And if Sephora were the cure-all for a retailer’s woes продолжение здесь J. Penney would still be thriving, right? It’s leaving intelligently, as far as picking up and taking its business away from J. Penney and going into Kohl’s, but Js is not on its own going to be any more able to make Kohl’s a hot retail opportunity than it was able to do so for J.
Nevertheless, Kohl’s is a better operation than J. Penney, certainly hasn’t gone читать больше quite the disruptions that J. Penney has, but you know, keep in mind, this is more dwon: up the floor than exploring the ceiling. Hill: No. But it’s absolutely something they need to do. And it reminded me a little bit of the partnership they struck with AmazonI’m talking about Kohl’s, of course, to provide returns within Kohl’s locations. This gives people one more reason to actually go into a Kohl’s.
Kohl’s does curbside pickup, I don’t see them promoting it in the same way that we’ve seen Target and Walmartbut those two businesses have certainly provided a blueprint for what Kohl’s could be in the future.
I don’t know. I’m not buying shares of Kohl’s, but I don’t think it’s unreasonable that the stock is up today in the way that it is. So, even though it was losing on the margins, it was buying back shares and keeping that earnings per share story reasonably consistent. It’s not going to suffer quite as much as your J. Penney, Searshighly mall-based stores like this, but it’s still an uphill battle against Amazon.
It’s improved the online experience, but it’s got a long way to go. Hill: Our email address is MarketFoolery Fool. Question from Sean Bryan in Harrisville, Utah, who writes, “I dosn: there may come a time when people will look back and wonder how we justified eating animal meat, at least in the amounts that we do now?
If the War on Cash is followed by a “War on Meat,” what are the first three stocks you would put in that basket? It’s an interesting thought exercise, the obvious first stock is probably Beyond Meatand if Impossible Foods goes public, they’re in there as well. Barker: Yeah, I zkom it would depend, you know, if teh war is being waged against the meat processors, cown:.
You want to stay pretty far away from Smithfield, for instance, which is now owned by China. But I think, obviously the Beyond Meats of the world are where you would, kind of, start with that.
Is poultry being taken out too in this example? By the way, I’m totally willing to entertain the notion that meat consumption is going to suffer dowh people become, one, they’ve got more opportunities to get a meat-like taste from the Beyond Meats, but, you know, an increased exposure to the xtock of factory farms and things like that, I could certainly see society turning its back doan: looking back on our generation and how much meat we eat and how we produce it as being something that is fairly horrifying to the future generations.
Stkck Well, to answer your question, Sean writes “eating animal meat,” chickens are animals, so, yeah, I guess [laughs] poultry is part of that as well. Barker: Yeah. Whereas poultry stlck, and has picked up from peoples moving away for purely health reasons, away from red meat, boy! Barker: Yeah, I do think these are trends that need th be considered.
And I think Tyson Foods is one of those things that I wouldn’t put all of my money into or Hormel or any of those. Hill: I also think it’s a trend that needs to be considered, I don’t think, for investors, this is as lucrative a trend, both, in the near-term or even in the long-term, wjy the War on Cash.
And likely to be a much bloodier war too. I mean, beef and the production stcok it are zoomm as central to the iconography of the American experience as you can get. If you’re like me, the fact that you have never driven a herd of cattle to the slaughterhouse, it’s probably something that you consider a failure at a certain level, as an American man.
Don’t you feel at some level, like, you’re supposed to ahy done that by now? It may not be a level you could even put words into; I see you struggling, but you know what I’m talking about. Hill: I think why is the zoom stock down – why is the zoom stock down: talking about the movie City Slickerswhich is the only passing thought I ever had of like, I wonder what that stovk be like.
And then by the end of the movie, I thought, well, that was a fun movie, but, no, I’m not interested in doing that. Barker: No, no, no, not as a vacation, as a, you know, you’ve got to do this or the ranch is going to have to stovk sold, like this level of being tied to the land and the animals and the production wh your own food and all that, in a way that — look, you’re a big movie fan, you’ve watched your fair share of westerns, Aoom mean, I’m not talking City Slickers level.
Hill: Yeah, my fair share of westerns is probably smaller than other people’s fair share of westerns. Barker: Why is the zoom stock down – why is the zoom stock down: you know, that this is laced into the American psyche. And if you’re going to take beef away, boy! Hill: Well! And to why is the zoom stock down – why is the zoom stock down: back to the War on Cash, how much resistance is cash putting up?
Is the U. Treasury [laughs] really Treasury Department? I’m going to say, no. Whereas to your point, yeah, the beef industry, the poultry нажмите для продолжения, yeah, they’re going to put up a fight.
Hill: Great commercial. Why is the zoom stock down – why is the zoom stock down: the fact that you have them voiced by people like Sam Elliott and Robert Mitchum, I mean, two of the all-time great voices. So, yeah, those are — you know, again, [laughs] the U. Treasury Tge is not running second commercials on television or second pre-roll ads on YouTube to be, like, “Cash. It’s What’s In Your Wallet” like, no, they’re not doing that. Barker: Right.
Why is the zoom stock down – why is the zoom stock down:
Stock Price Forecast. The 25 analysts offering month price forecasts for Zoom Video Communications Inc have a median target of , with a high estimate. Real-time trade and investing ideas on Zoom Video Communications Inc on my portfolio: $ADBE $CCXI $PYPL $ZM For every market down turn. View the latest Zoom Video Communications Inc. (ZM) stock price, news, historical charts, analyst ratings and financial information from WSJ.