The Internet - Software industry currently had an average PEG ratio of 4.25 as of yesterday's close. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Meanwhile, ZM's PEG ratio is currently 2.64. This valuation marks a discount compared to its industry's average Forward P/E of 80.7.

Looking at its valuation, ZM is holding a Forward P/E ratio of 55.

ZM is holding a Zacks Rank of #3 (Hold) right now. Within the past 30 days, our consensus EPS projection remained stagnant. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. Recent revisions tend to reflect the latest near-term business trends. It is also important to note the recent changes to analyst estimates for ZM. These totals would mark changes of +43.71% and +51.52%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.80 per share and revenue of $4.02 billion. Our most recent consensus estimate is calling for quarterly revenue of $1.02 billion, up 31.28% from the year-ago period. The company is expected to report EPS of $1.09, up 10.1% from the prior-year quarter. Investors will be hoping for strength from ZM as it approaches its next earnings release, which is expected to be November 22, 2021. Heading into today, shares of the video-conferencing company had lost 3.84% over the past month, lagging the Computer and Technology sector's gain of 5.55% and the S&P 500's gain of 4.82% in that time. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq lost 0.03%. The stock lagged the S&P 500's daily gain of 0.39%. Zoom Video Communications ( ZM Quick Quote ZM - Free Report) closed the most recent trading day at $264.49, moving +0.3% from the previous trading session.

Zoom video stock