Zscaler Inc (NASDAQ: ZS) closed the day trading at $200.74 up 1.03% from the previous closing price of $198.69. In other words, the price has increased by $+2.05 from its previous closing price. On the day, 1821806 shares were traded. ZS stock price reached its highest trading level at $201.85 during the session, while it also had its lowest trading level at $195.66.
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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 12.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.08. 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 Feb 14 ’24 when BLASING KAREN sold 7,000 shares for $250.90 per share. The transaction valued at 1,756,322 led to the insider holds 40,372 shares of the business.
BLASING KAREN sold 3,000 shares of ZS for $750,000 on Feb 08 ’24. The Director now owns 36,539 shares after completing the transaction at $250.00 per share. On Jan 31 ’24, another insider, BLASING KAREN, who serves as the Director of the company, sold 7,000 shares for $236.24 each. As a result, the insider received 1,653,650 and left with 39,539 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 29.78B and an Enterprise Value of 28.55B. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.87 while its Price-to-Book (P/B) ratio in mrq is 31.35. Its current Enterprise Value per Revenue stands at 15.06 whereas that against EBITDA is -1.03k.
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 230.81, while the 200-Day Moving Average is calculated to be 179.86.
Shares Statistics:
Over the past 3-months, ZS traded about 2.41M shares per day on average, while over the past 10 days, ZS traded about 4.45M 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 48.20% stake in the company. Shares short for ZS as of Feb 15, 2024 were 4.47M with a Short Ratio of 1.85, compared to 5.09M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.01% and a Short% of Float of 4.92%.
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.
