For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Zscaler Inc’s stock clocked out at $172.97, up 0.01% from its previous closing price of $172.96. In other words, the price has increased by $0.01 from its previous closing price. On the day, 1.66 million shares were traded. ZS stock price reached its highest trading level at $178.36 during the session, while it also had its lowest trading level at $172.75.
Ratios:
To gain a deeper understanding of ZS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.77. 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.
On January 18, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $311.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 25920937984 and an Enterprise Value of 24699682816. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.68 while its Price-to-Book (P/B) ratio in mrq is 27.02. Its current Enterprise Value per Revenue stands at 13.031 whereas that against EBITDA is -160.962.
Stock Price History:
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 -17.63%, while the 200-Day Moving Average is calculated to be -6.85%.
Shares Statistics:
It appears that ZS traded 2.37M shares on average per day over the past three months and 1528030 shares per day over the past ten days. A total of 147.17M shares are outstanding, with a floating share count of 89.21M. Insiders hold about 40.47% of the company’s shares, while institutions hold 45.56% stake in the company. Shares short for ZS as of 1711584000 were 5310475 with a Short Ratio of 2.24, compared to 1709164800 on 4282736. Therefore, it implies a Short% of Shares Outstanding of 5310475 and a Short% of Float of 5.7600003.
Earnings Estimates
The current assessment of Zscaler Inc (ZS) involves the perspectives of QuantumScape Corporation analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $403.11, with high estimates of $59.94 and low estimates of $90.26.
Analysts are recommending an EPS of between $Technology and $Financial Services for the fiscal current year, implying an average EPS of $Financial Services.
