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After finishing at $193.04 in the prior trading day, Zscaler Inc (NASDAQ: ZS) closed at $195.82, up 1.44%. In other words, the price has increased by $1.44 from its previous closing price. On the day, 1.02 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, BMO Capital Markets on December 03, 2024, Reiterated its Outperform rating but revised its target price to $222 from $197 previously.
On October 08, 2024, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $180.
BMO Capital Markets reiterated its Outperform rating for the stock on September 04, 2024, while the target price for the stock was revised from $208 to $197.
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 Dec 17 ’24 when Chaudhry Jagtar Singh sold 2,863 shares for $200.32 per share. The transaction valued at 573,514 led to the insider holds 358,569 shares of the business.
Nair Syam sold 3,682 shares of ZS for $737,576 on Dec 17 ’24. The CTO now owns 142,866 shares after completing the transaction at $200.32 per share. On Dec 17 ’24, another insider, Rich Michael J., who serves as the CRO and President of WW Sales of the company, sold 3,779 shares for $200.32 each. As a result, the insider received 757,008 and left with 115,966 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 13.07 while its Price-to-Book (P/B) ratio in mrq is 21.03.
Stock Price History:
Over the past 52 weeks, ZS has reached a high of $251.55, while it has fallen to a 52-week low of $153.45. The 50-Day Moving Average of the stock is -0.14%, while the 200-Day Moving Average is calculated to be 4.11%.
Shares Statistics:
A total of 153.41M shares are outstanding, with a floating share count of 95.05M. Insiders hold about 38.05% of the company’s shares, while institutions hold 50.07% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 40.0 analysts currently analyzing and rating the stock of Zscaler Inc (ZS).The consensus estimate for the next quarter is $0.74, with high estimates of $0.88 and low estimates of $0.7.
Analysts are recommending an EPS of between $3.41 and $2.96 for the fiscal current year, implying an average EPS of $2.99. EPS for the following year is $3.57, with 41.0 analysts recommending between $4.49 and $3.24.
Revenue Estimates
38 analysts predict $635.33M in revenue for the current quarter. It ranges from a high estimate of $658.03M to a low estimate of $633.3M. As of the current estimate, Zscaler Inc’s year-ago sales were $525MFor the next quarter, 38 analysts are estimating revenue of $667.21M. There is a high estimate of $696.83M for the next quarter, whereas the lowest estimate is $660M.
A total of 43 analysts have provided revenue estimates for ZS’s current fiscal year. The highest revenue estimate was $2.73B, while the lowest revenue estimate was $2.6B, resulting in an average revenue estimate of $2.64B. In the same quarter a year ago, actual revenue was $2.17BBased on 43 analysts’ estimates, the company’s revenue will be $3.18B in the next fiscal year. The high estimate is $3.44B and the low estimate is $2.94B.