The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Zscaler Inc (NASDAQ: ZS) closed at $171.00 in the last session, down -3.33% from day before closing price of $176.89. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 3.85 million shares were traded. ZS stock price reached its highest trading level at $175.46 during the session, while it also had its lowest trading level at $164.41.
Ratios:
We take a closer look at ZS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.18. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 25625718784 and an Enterprise Value of 25287127040. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.52 while its Price-to-Book (P/B) ratio in mrq is 26.71. Its current Enterprise Value per Revenue stands at 13.341 whereas that against EBITDA is -164.791.
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 $103.62. The 50-Day Moving Average of the stock is -10.44%, while the 200-Day Moving Average is calculated to be -8.84%.
Shares Statistics:
According to the various share statistics, ZS traded on average about 2.30M shares per day over the past 3-months and 1403740 shares per day over the past 10 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 46.05% stake in the company. Shares short for ZS as of 1713139200 were 5514479 with a Short Ratio of 2.40, compared to 1710460800 on 4558238. Therefore, it implies a Short% of Shares Outstanding of 5514479 and a Short% of Float of 5.9799999999999995.
