At the time of writing, Zscaler Inc [ZS] stock is trading at $169.63, down -0.04%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ZS shares have lost -0.76% over the last week, with a monthly amount glided 7.96%, and 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.
For the past year, the stock price of Zscaler Inc fluctuated between $149.62 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 $169.63 at the most recent close of the market. An investor can expect a potential return of 37.09% based on the average ZS price forecast.
Analyzing the ZS fundamentals
According to Zscaler Inc [NASDAQ:ZS], the company’s sales were 2.17B for trailing twelve months, which represents an 30.30% jump. 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 167.45 points at the first support level, and at 165.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 171.36, and for the 2nd resistance point, it is at 173.09.
Ratios To Look Out For
It is important to note that Zscaler Inc [NASDAQ:ZS] has a current ratio of 1.04. Further, the Quick Ratio stands at 1.04, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 11.93, the price to book ratio is 20.30.
Transactions by insiders
Recent insider trading involved Schlossman Robert, Chief Legal Officer, that happened on Sep 30 ’24 when 4947.0 shares were sold. Officer, ROBERT SCHLOSSMAN completed a deal on Sep 30 ’24 to buy 4947.0 shares. Meanwhile, Director Brown Andrew William Fraser sold 8000.0 shares on Sep 23 ’24.
