Zscaler Inc (NASDAQ: ZS) closed the day trading at $197.30 up 1.06% from the previous closing price of $195.24. In other words, the price has increased by $+2.06 from its previous closing price. On the day, 1692199 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a better understanding of ZS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on January 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $311.
Oppenheimer reiterated its Outperform rating for the stock on January 03, 2024, while the target price for the stock was revised from $245 to $290.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 19 ’24 when Schlossman Robert sold 5,484 shares for $193.88 per share. The transaction valued at 1,063,224 led to the insider holds 118,494 shares of the business.
CANESSA REMO sold 7,707 shares of ZS for $1,488,579 on Mar 18 ’24. The Chief Financial Officer now owns 255,943 shares after completing the transaction at $193.15 per share. On Mar 18 ’24, another insider, Schlossman Robert, who serves as the Chief Legal Officer of the company, sold 4,227 shares for $193.15 each. As a result, the insider received 816,429 and left with 123,978 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZS now has a Market Capitalization of 29.57B and an Enterprise Value of 28.34B. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.60 while its Price-to-Book (P/B) ratio in mrq is 30.82. Its current Enterprise Value per Revenue stands at 14.95 whereas that against EBITDA is -1.02k.
Stock Price History:
The Beta on a monthly basis for ZS is 0.82, which has changed by 75.28% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, ZS has reached a high of $259.61, while it has fallen to a 52-week low of $84.93. The 50-Day Moving Average of the stock is 228.36, while the 200-Day Moving Average is calculated to be 182.12.
Shares Statistics:
Over the past 3-months, ZS traded about 2.36M shares per day on average, while over the past 10 days, ZS traded about 2.23M shares per day. A total of 147.17M shares are outstanding, with a floating share count of 88.67M. Insiders hold about 40.83% of the company’s shares, while institutions hold 48.21% stake in the company. Shares short for ZS as of Feb 29, 2024 were 4.28M with a Short Ratio of 1.82, compared to 5.29M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.86% and a Short% of Float of 4.64%.
Earnings Estimates
Current recommendations for the stock of the company come from 34 analysts. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.98 and a low estimate of $0.64, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.68, with high estimates of $1.06 and low estimates of $0.65.
Analysts are recommending an EPS of between $3.48 and $2.7 for the fiscal current year, implying an average EPS of $2.78. EPS for the following year is $3.29, with 37 analysts recommending between $5.48 and $2.85.
Revenue Estimates
A total of 39 analysts have provided revenue estimates for ZS’s current fiscal year. The highest revenue estimate was $2.19B, while the lowest revenue estimate was $2.12B, resulting in an average revenue estimate of $2.12B. In the same quarter a year ago, actual revenue was $1.62B, up 31.30% from the average estimate. Based on 39 analysts’ estimates, the company’s revenue will be $2.66B in the next fiscal year. The high estimate is $2.88B and the low estimate is $2.57B. The average revenue growth estimate for next year is up 25.50% from the average revenue estimate for this year.
