prepmop.blogg.se - Zoom stock price 2021

Zoom stock price 2021 full#
Zoom stock price 2021 free#

This information has been prepared by IG, a trading name of IG Australia Pty Ltd. This puts sellers on notice that any reversal will need to clear the August low at US$229 to provide any real near-term bearish outlook,’ he added. ‘The most recent dip below the 50-day Simple Moving Average (US$263) was met by strong buying which gave the price the energy to rally to a new record by the end of August. In terms of Zoom’s share price, IG UK chief market analyst Chris Beauchamp wrote that ‘there is no sign that a more bearish turn is near’. This figure also surpasses even the highest analyst full-year estimate of US$1.60 per share. Meanwhile, non-GAAP diluted earnings per share (EPS) is expected to be between US$2.40 and US$2.47, up from US$1.21 to US$1.29 previously. The company stated that total revenue for the year is now expected to be between US$2.37 billion and US$2.39 billion, up from US$1.78 billion to US$1.8 billion previously.

Zoom stock price 2021 full#

These impressive results have also prompted the company to raise its guidance for the full 2021 fiscal year. Zoom’s revenue for this quarter exceeded Wall Street estimates of US$500.5 million by 33%, while earnings per share also smashed analyst expectations by a massive 104%. What do these results mean for Zoom’s stock outlook?

Customer Metrics: At the end of Q2 2021, Zoom had approximately 370,200 customers with more than 10 employees, up roughly 458% from the same quarter last fiscal year.ĬFD trading allows you to do so without trading the underlying asset.

Zoom stock price 2021 free#

Free cash flow was US$373.4 million, compared to US$17.1 million in the second quarter of fiscal year 2020. Cash Flow: Net cash provided by operating activities was US$401.3 million for the quarter, compared to US$31.2 million in the second quarter of fiscal year 2020.This surpassed Refinitiv analyst estimates of US$0.45. Adjusted net income and net income per share: Non-GAAP net income for the quarter was US$274.8 million, while non-GAAP net income per share came in at US$0.92.Unadjusted net income and net income (earnings) per share: GAAP net income attributable to common stockholders for the quarter was US$185.7 million, or US$0.63 per share, compared to GAAP net income attributable to common stockholders of US$5.5 million, or US$0.02 per share in Q2 fiscal 2020.

Revenue: Total revenue for the quarter was US$663.5 million, up 355% year-over-year.

Here are some things that stood out in the video communication tool’s second quarter results for the three months ended 31 July 2020: IG's client analysis shows that 73% of all opened positions on Zoom are currently 'long', indicating an expectation for price to increase. Shares smashed through a previous high to peak at US$478 on an intraday basis, before closing the day at US$457.63 a share on the IG platform. Zoom Video Communications' (NASDAQ: ZM) share price opened 44% higher after the company reported its Q2 financial results on Tuesday 01 September 2020.