ZOOM - ZOOM Technologies, Inc.

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    2W - 6W
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    6W - 9M
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Previous Close10.40
Bid0.00 x 0
Ask0.00 x 0
Day's Range10.40 - 10.40
52 Week Range0.05 - 60.00
Avg. Volume116,601
Market Cap291
Beta (5Y Monthly)166.43
PE Ratio (TTM)N/A
EPS (TTM)-12.66
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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      Both Zoom Video Communications (NASDAQ:ZM) and Zoom Technologies (OTCMKTS:ZOOM) have made major moves on Wall Street in recent weeks. However, it appears some confusion has allowed ZOOM stock to ride on the coattails of ZM stock.Source: Michael Vi / Shutterstock.com On Thursday, the Securities and Exchange Commission suspended trading of Zoom Technologies stock until April 9. This comes after more and more people worldwide are having to work remotely due to the coronavirus from China outbreak. And in turn, employers are turning to video conferencing tools from Zoom Video in order to connect with their employees.Because of this, ZM stock has gained nearly 40% in the past two weeks and investors have taken notice. When going to buy shares, though, many people have apparently confused the two similar-sounding companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis issue has caused a 108% rise in the ZOOM stock over the same two-week period, and nearly 900% year-to-date. This is the second time this has happened in nearly a month, and now the SEC is stepping in."The Commission temporarily suspended trading in the securities of ZOOM because of concerns about the adequacy and accuracy of publicly available information concerning ZOOM, including its financial condition and its operations, if any, in light of the absence of any public disclosure by the company since 2015; and concerns about investors confusing this issuer with a similarly named NASDAQ-listed issuer, providing communications services, which has seen a rise in share price during the ongoing COVID-19 pandemic," the SEC said. * 10 Undervalued Stocks Crashing on the Coronavirus Pandemic ZM stock was up 7.3% on Friday afternoon.Nick Clarkson is a Web Editor at InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem * 5 Bank Stocks to Buy Now Because This Isn't 2008 Again * 12 Stocks to Buy That Are Already Positive The post Zoom Stock or ZM Stock? Confusion Continues for Potential Zoom Video Investors appeared first on InvestorPlace.

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      The shares of Zoom Technologies Inc. (OTC: ZOOM) surged more than 20% on Monday as investors likely confused it with the remote conferencing platform developer Zoom Video Communications Inc. (NASDAQ: ZM).What Happened Zoom Technologies is a China-based company that primarily engages in technology and communications businesses, per the description on Reuters website. The company's shares trade over the counter with ticker "ZOOM," after it voluntarily delisted from the Nasdaq stock exchange in 2014 for failing to meet the exchange desk's requirements. Zoom Technologies has an underwhelming market capitalization of $22.59 million, even after the surge. As a large number of technology companies, including Facebook Inc. (NASDAQ: FB) and Amazon.com Inc. (NASDAQ: AMZN), shut down some of their offices and ask employees to work from home due to the spread of the novel coronavirus (COVID-19), the demand for companies enabling remote work also increased. One such company, Zoom Video Communications, provides users with the ability to hold remote conferences. Its shares trade at Nasdaq with the ticker "ZM."Why It Matters This isn't the first time that investors have confused between the two companies.> Oh my god. I can't believe it. It's happening again. People are buying the wrong Zoom stock: pic.twitter.com/qEnCRh1SZy> > -- Daniel Gross (@danielgross) March 9, 2020Zoom Technologies stock surged nearly 100% in April 2019 when Zoom Video Communications began trading publicly, as reported by Business Insider at the time.Price Action Zoom Video Communications shares closed 0.5% lower at $113.75 on Monday and traded 2% higher in the after-hours session at $116. Zoom Technologies stock closed 20.16% higher at $7.51 per share.See more from Benzinga * Citron Showed 'Lack Of Understanding' Of Science Behind DNA Medicines, Inovio Says * Amazon To Sell Technology Behind Grab-And-Go Stores To Other Retailers * Australia Sues Facebook For Data Breach Of 300K Citizens In Cambridge Analytica Case(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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    • It’s Beginning to Look as if Zoom Stock Has Peaked

      It’s Beginning to Look as if Zoom Stock Has Peaked

      Wall Street darling Zoom (NASDAQ:ZOOM) did not disappoint with its first earnings report as a public company. The hyper-growth cloud video conferencing giant reported strong first quarter numbers in early June that topped revenue and profit estimates. Zoom stock rallied more than 20% in response to fresh all-time highs right around $100.Source: ZoomManagement also delivered above-consensus revenue and profit guides for both the second quarter and the full year. Investors were impressed. As a reminder, Zoom went public in mid-April 2019 at $36 a share. That means Zoom has nearly tripled in less than two months. Naturally, one has to ask: has this rally come too far? * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% In the big picture, yes. Even under aggressive long term growth assumptions, the fundamentals here don't support a $100 price tag on Zoom until the end of fiscal 2019. The stock is already nearing that level today near the beginning of its fiscal 2019. Further, under more conservative growth assumptions, one could reasonably argue that the stock is actually considerably overvalued here.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs such, Zoom stock does appear fundamentally overvalued here and now.Having said that, Zoom may continue to zoom higher in the near term. This company has a lot of momentum. The stock does, too, and there are certain dynamics at play which could keep the uptrend alive for the time being.All in all, while I'm not rushing to buy ZM stock here, I'm also not waving the short flag. This stock may be overvalued, but it's too hot to bet against, too. Lots to Like About Zoom StockA lot of things look very good about this company. First, Zoom is in the right space. Cloud video conferencing is the next big thing in enterprise communication, and as enterprise communication does migrate from voice to video, this whole market will grow by leaps and bounds.Second, Zoom is currently a small player in the market (depending on who you ask, Zoom's market share hovers around 2-3% today), but they are leveraging a video and cloud-first focus to rapidly win market share. For example, Zoom reported revenue growth of over 100% last quarter; the video conferencing market is growing at a 10%-plus pace. Third, at the same time that revenues are running higher, gross margins are remaining largely stable in the sky-high 80%-plus territory, while opex rates are falling with scale. Indeed, the company reported a GAAP and non-GAAP profit last quarter. That's rare for a 100%-plus revenue growth company.Fourth, the opportunity is massive. Zoom exited the quarter with around 60,000 customers. There are 5.6 million employer businesses in the U.S. alone and far more globally. Thus, the company is tapping into only roughly 1-2% of its total potential. Zoom Stock Appears OvervaluedAlthough there is a lot to like about ZM stock, one thing not to like is the valuation. Long term growth fundamentals imply that Zoom stock presently sits in fairly valued to overvalued territory.The global video conferencing market is expected to grow at a 10%-plus compounded annual growth rate to over $20 billion by 2024. I actually think that projection is conservative. Video is the new voice, and the global enterprise communications market is marching towards $160 billion. As such, the video conferencing market will likely head towards $30 billion or more by 2025.As stated earlier, Zoom is presently a small player in this market with 1-2% share. That figure is rapidly expanding. Where will it land by 2025? Probably between 10% and 15%.At 10%, you're looking at $3 billion in revenue, which represents 30%-plus annualized growth from 2019's projected revenue base. At 15%, you're looking at $4.5 billion in revenue, which represents 40%-plus annualized growth from 2019's projected revenue base.Gross margins are guided to remain north of 80% in the long run. Meanwhile, the adjusted opex rate is in the high 70s and dropping. Competitors in this space like Cisco (NASDAQ:CSCO) and Microsoft (NASDAQ:MSFT) operate at mid-30s opex rates. To be sure, those companies are much bigger. But, a 40% opex rate seems doable for Zoom by 2025.Thus, Zoom projects as somewhere between a $3 billion and $4.5 billion revenue company by 2025, with roughly 40% operating margins. That should produce EPS of somewhere between $3.50 and $5 by 2025. Using an application software average 35-forward multiple and 10% discount rate, that yields a fair 2019 price target range from $75 to $110.Zoom stock currently trades towards the top end of that range, and as such, does appear somewhat overvalued here. The Uptrend May Stay AliveAlthough Zoom appears somewhat overvalued, the stock may not collapse just yet.This is a small company in a big market with a lot of momentum. In practice, that combination means the sky is the limit for bulls. So long as the sky remains the limit, the market will turn a blind eye towards valuation, and the stock will march higher.To be sure, this honeymoon phase won't last forever. If growth starts to falter, or if broader markets go into sell-off mode, then ZM stock will drop, and the fundamentals won't provide much support. That's why this is a risky situation.But, until that happens and so long as this company continues to fire on all cylinders, ZM stock should drift higher. Bottom Line on Zoom StockZoom is a great company that's firing on all cylinders. The stock just appears slightly overvalued here and now. As such, I'm not rushing to buy here. Instead, I'll wait out this rally, wait for a dip, and then buy at a more reasonable price.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post It's Beginning to Look as if Zoom Stock Has Peaked appeared first on InvestorPlace.

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