The closing price of Zscaler Inc (NASDAQ: ZS) was $186.31 for the day, down -1.29% from the previous closing price of $188.74. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1610526 shares were traded.
Ratios:
Our analysis of ZS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.76. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 28.28B and an Enterprise Value of 27.06B. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.73 while its Price-to-Book (P/B) ratio in mrq is 29.10. Its current Enterprise Value per Revenue stands at 14.27 whereas that against EBITDA is -973.49.
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 221.71, while the 200-Day Moving Average is calculated to be 183.92.
Shares Statistics:
ZS traded an average of 2.40M shares per day over the past three months and 1.53M shares per day over the past ten days. A total of 147.17M shares are outstanding, with a floating share count of 88.58M. Insiders hold about 40.89% of the company’s shares, while institutions hold 45.87% stake in the company. Shares short for ZS as of Mar 15, 2024 were 4.56M with a Short Ratio of 1.90, compared to 4.47M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.04% and a Short% of Float of 4.94%.
Earnings Estimates
The firm’s stock currently is rated by 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.
