Are zoom shares a good buy?
Zoom is currently trading at an overvalued rate, with its 12-month-trailing P/E ratio approximately 444x times its EPS.
However, if the company keeps building upon its financial results and gains market share in the video conferencing industry, it could result in a promising future for the relatively new company..
Is it too late to buy Zoom stock?
Assuming Zoom is still around for 10 – 20 years (could get bought out or something else out of your control), the stock will be fine to buy now. For investing long term, no. It’s never to late to buy anything.
WHY IS zoom stock dropping?
Zoom stock falls: the drivers The Covid-19 pandemic has fueled Zoom’s growth as more companies use Zoom’s platform for meetings and collaboration, while individuals use Zoom to stay in touch with friends and family.
Is Zoom overvalued?
Still overvalued Zoom’s stock price has surged 722% since the beginning of the year. The market now values the company at lofty forward enterprise value-to-sales and price-to-earnings ratios of 62 and 216, respectively, based on analysts’ forecasts.