Company Performance - Zoom Communications closed at $79.48, reflecting a -1.91% change from the previous day, underperforming the S&P 500's loss of 0.38% [1] - Over the past month, Zoom's shares have decreased by 4.76%, while the Computer and Technology sector gained 7.44% and the S&P 500 increased by 4.06% [1] Upcoming Financial Results - The company is expected to report an EPS of $1.42, representing a 2.9% increase from the prior-year quarter, with revenue anticipated at $1.21 billion, up 2.99% from the previous year [2] - For the entire year, earnings are forecasted at $5.81 per share and revenue at $4.82 billion, indicating increases of +4.87% and +3.38% respectively compared to the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Zoom Communications reflect shifting business dynamics, with upward revisions indicating positive sentiment towards the company's operations [4] - The Zacks Rank system currently rates Zoom Communications as 1 (Strong Buy), with a 1.12% rise in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - Zoom Communications has a Forward P/E ratio of 13.94, which is a discount compared to the industry average Forward P/E of 30 [7] - The company has a PEG ratio of 6.94, significantly higher than the Internet - Software industry average PEG ratio of 2.35 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 81, placing it in the top 33% of all industries [8]
Why Zoom Communications (ZM) Dipped More Than Broader Market Today