The price of Zscaler Inc (NASDAQ: ZS) closed at $219.23 in the last session, down -9.40% from day before closing price of $241.97. In other words, the price has decreased by -$22.74 from its previous closing price. On the day, 11799990 shares were traded.
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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 13.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 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:
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 Feb 14 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. The Director now owns 36,539 shares after completing the transaction at $250.00 per share. On Jan 31, 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 32.51B and an Enterprise Value of 31.40B. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.16 while its Price-to-Book (P/B) ratio in mrq is 40.26. Its current Enterprise Value per Revenue stands at 17.86 whereas that against EBITDA is -476.66.
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 233.05, while the 200-Day Moving Average is calculated to be 177.44.
Shares Statistics:
According to the various share statistics, ZS traded on average about 2.10M shares per day over the past 3-months and 4.37M shares per day over the past 10 days. A total of 147.17M shares are outstanding, with a floating share count of 87.77M. Insiders hold about 40.83% of the company’s shares, while institutions hold 45.96% stake in the company. Shares short for ZS as of Feb 15, 2024 were 4.47M with a Short Ratio of 2.13, 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
The company has 34 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.58 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.52, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.65, with high estimates of $0.68 and low estimates of $0.6.
Analysts are recommending an EPS of between $3.27 and $2.02 for the fiscal current year, implying an average EPS of $2.49. EPS for the following year is $3.04, with 39 analysts recommending between $5.11 and $2.7.
Revenue Estimates
A total of 41 analysts have provided revenue estimates for ZS’s current fiscal year. The highest revenue estimate was $2.64B, while the lowest revenue estimate was $1.99B, resulting in an average revenue estimate of $2.12B. In the same quarter a year ago, actual revenue was $1.62B, up 30.80% from the average estimate. Based on 41 analysts’ estimates, the company’s revenue will be $2.63B in the next fiscal year. The high estimate is $3.03B and the low estimate is $2.09B. The average revenue growth estimate for next year is up 24.10% from the average revenue estimate for this year.
