Zscaler Inc (NASDAQ:ZS) currently has a daily average trading volume of 2.36M but it saw 1697570 shares traded in last market. With a market cap of 29.68B USD, the company’s current market price of $198.07 came rising about 0.39 while comparing to the previous closing price of $197.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $259.61 and as low as $84.93.
Taking a look at 20-day trading activity of Zscaler Inc (ZS) gives us an average price of $211.18, while its current price level is -23.70% below from 52-week high level whereas it is 133.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $227.79 while that of 200 days or SMA-200 reads an average of $182.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.92% during that period while stretching the period over a month that increases to 3.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.60 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Bernstein which initiated the stock as “Outperform” in its note to investors issued on January 18, 2024, recommending a price target of $311 for it. Oppenheimer issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $245 and $290.
Over the week, ZS’s stock price is moving -0.38% down while it is -7.41% when we observe its performance for the past one month. Year-to-date it is -10.60% down and over the past year, the stock is showing an upside performance of 75.25%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2024, when its quarterly earnings per share (EPS) of $0.76 beat the consensus estimate of $0.58 for the same. For ZS, analysts are forecasting an EPS-growth rate of 55.30% for current year and estimate for EPS growth in next year is 18.30%. In next quarter, company is expected to be making quarterly sales of $565.09 million as analysts are expecting the sales for current fiscal year at $2.12 billion and seeing the company making $2.66 billion in sales next year. Moreover, analysts are in estimates of $536.13 million for current-quarter revenue.
Currently, Zscaler Inc’s total number of outstanding shares is 147.17M with 38.58% of that held by the insiders while 49.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.46% and return on equity (ROE) at -18.64%. It has a 60.47 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 30.94 while price to sale or P/S ratio amounts to 15.66. Its return on asset (ROA) is -3.98% on average.
