Zscaler Inc [ZS] stock prices are up 2.87% to $189.99 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ZS shares have gain 3.31% over the last week, with a monthly amount drifted -7.93%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Zscaler Inc [NASDAQ: ZS] stock has seen the most recent analyst activity on December 03, 2024, when BMO Capital Markets reiterated its Outperform rating and also boosted its price target to $222 from $197. Previously, Exane BNP Paribas started tracking the stock with Neutral rating on October 08, 2024, and set its price target to $180. On September 04, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $197 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $195 on September 04, 2024. Raymond James initiated its recommendation with a Mkt Perform. Mizuho downgraded its rating to Neutral for this stock on July 16, 2024, but kept the price target unchanged to $220. In a note dated June 14, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $205 to $230.
The stock price of Zscaler Inc [ZS] has been fluctuating between $153.45 and $259.61 over the past year. Currently, Wall Street analysts expect the stock to reach $209.91 within the next 12 months. Zscaler Inc [NASDAQ: ZS] shares were valued at $189.99 at the most recent close of the market. An investor can expect a potential return of 10.48% based on the average ZS price forecast.
Analyzing the ZS fundamentals
The Zscaler Inc [NASDAQ:ZS] reported sales of 2.30B for trailing twelve months, representing a surge of 26.42%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.87.
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 187.08 points at the first support level, and at 184.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.02, and for the 2nd resistance point, it is at 194.05.
Ratios To Look Out For
It’s worth pointing out that Zscaler Inc [NASDAQ:ZS]’s Current Ratio is 1.09. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 12.68, the price to book ratio is 20.40.
Transactions by insiders
Recent insider trading involved Chaudhry Jagtar Singh, CEO & Chairman, that happened on Dec 17 ’24 when 2863.0 shares were sold. CTO, Nair Syam completed a deal on Dec 17 ’24 to sell 3682.0 shares. Meanwhile, CRO and President of WW Sales Rich Michael J. sold 3779.0 shares on Dec 17 ’24.
