A share price of Zscaler Inc [ZS] is currently trading at $171.75, down -1.38%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ZS shares have gain 1.92% over the last week, with a monthly amount drifted -13.18%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Zscaler Inc [NASDAQ: ZS] stock has seen the most recent analyst activity on September 04, 2024, when BMO Capital Markets reiterated its Outperform rating and also revised its price target to $197 from $208. Previously, BofA Securities downgraded its rating to Neutral on September 04, 2024, and kept the price target unchanged to $195. On July 23, 2024, Raymond James initiated with a Mkt Perform rating. Mizuho downgraded its rating to a Neutral but stick to its price target of $220 on July 16, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $230 on June 14, 2024. BMO Capital Markets reiterated a Outperform rating for this stock on June 14, 2024, but kept the price target unchanged to $208. In a note dated May 28, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $275 to $182.
Zscaler Inc experienced fluctuations in its stock price throughout the past year between $146.59 and $259.61. Currently, Wall Street analysts expect the stock to reach $232.54 within the next 12 months. Zscaler Inc [NASDAQ: ZS] shares were valued at $171.75 at the most recent close of the market. An investor can expect a potential return of 35.39% based on the average ZS price forecast.
Analyzing the ZS fundamentals
Trailing Twelve Months sales for Zscaler Inc [NASDAQ:ZS] were 2.17B which represents 30.30% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.06 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 170.67 points at the first support level, and at 169.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 173.46, and for the 2nd resistance point, it is at 175.17.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Zscaler Inc [NASDAQ:ZS] is 1.04. As well, the Quick Ratio is 1.04, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 12.08, the price to book ratio is 20.56.
Transactions by insiders
Recent insider trading involved Brown Andrew William Fraser, Director, that happened on Sep 23 ’24 when 8000.0 shares were sold. Director, Brown Andrew William Fraser completed a deal on Sep 23 ’24 to buy 8000.0 shares. Meanwhile, Officer ROBERT SCHLOSSMAN bought 213.0 shares on Sep 23 ’24.
