At the time of writing, Zscaler Inc [ZS] stock is trading at $201.47, down -3.37%. 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 2.93% over the last week, with a monthly amount glided 6.73%, 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 October 08, 2024, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $180. Previously, BMO Capital Markets reaffirmed its Outperform rating on September 04, 2024, and dropped its price target to $197. On September 04, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $195 on the stock. Raymond James started tracking the stock assigning a Mkt Perform rating. Mizuho downgraded its rating to a Neutral but $220 remained the price target by the analyst firm on July 16, 2024. JP Morgan upgraded its rating to Overweight for this stock on June 14, 2024, and upped its price target to $230. In a note dated June 14, 2024, BMO Capital Markets reiterated an Outperform rating on this stock but restated the target price of $208.
For the past year, the stock price of Zscaler Inc fluctuated between $153.45 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 $201.47 at the most recent close of the market. An investor can expect a potential return of 15.42% 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 of0.9.
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 198.02 points at the first support level, and at 194.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 205.23, and for the 2nd resistance point, it is at 208.98.
Ratios To Look Out For
It is important to note that Zscaler Inc [NASDAQ:ZS] has a current ratio of 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 13.69, the price to book ratio is 24.11.
Transactions by insiders
Recent insider trading involved Schlossman Robert, Chief Legal Officer, that happened on Oct 09 ’24 when 1435.0 shares were sold. Officer, ROBERT SCHLOSSMAN completed a deal on Oct 09 ’24 to buy 1435.0 shares. Meanwhile, Chief Legal Officer Schlossman Robert sold 4947.0 shares on Sep 30 ’24.
