Zscaler, Inc. (NASDAQ: ZS) went up by 4.85% from its latest closing price when compared to the 1-year high value of $75.90, while ZS stocks collected +14.63% of gains with the last five trading sessions.
Zscaler, Inc. (NASDAQ: ZS) Worth an Investment?
Zscaler, Inc. (NASDAQ: ZS) 5 of the analysts out of 14 who provided ratings for Zscaler, Inc. stocks as a “buy” while 1 as overweight, 7 rated it as hold and 1 as sell. The average price we get from analysts is $60.90 which is -$18.12 below current price. ZS currently has a short float of 11.52% and public float of 59.94M with average trading volume of 2.34M shares.
ZS Market Performance
ZS stocks went up by 14.63% for the week, with the monthly jump of 18.71% and a quarterly performance of 57.07%, while its annual performance rate touched 186.98%. The simple moving average for the period of the last 20 days is 16.51% for ZS stocks with the simple moving average of 64.44% for the last 200 days.
Analysts’ Opinion on Zscaler, Inc. (NASDAQ: ZS)
Many brokerage firms have already submitted their reports for ZS stocks, with Credit Suisse repeating the rating for ZS shares by setting it to “Outperform”. The predicted price for ZS socks in the upcoming period according to Credit Suisse is $75 based on the research report published on April 9, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see ZS stock at the price of $74, previously predicting the value of $62. The rating they have provided for ZS stocks is “Neutral” according to the report published on April 2, 2019.
Needham gave “Strong Buy” rating to ZS stocks, setting the target price at $74 in the report published on March 1, 2019.
ZS Stocks 17.57% Far from 50 Day Moving Average
After a stumble in the market that brought ZS to its low price for the period of the last 52 weeks, Zscaler, Inc. was able to take a rebound, for now settling with 3.64% of profit for the given period.
The stock volatility was left at 5.32%, however, within the period of a single month, the volatility rate increased by 6.73%, while the shares surge at the distance of +26.00% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +34.99% upper at the present time.
In the course of the last 5 trading sessions, ZS went up by +14.63%, which changed the moving average for the period of 200 days to the total of +117.17% of gains for the stock in comparison to the 20-day moving average settled at $68.33. In addition, Zscaler, Inc. saw 100.61% in overturn over the period of a single year with a tendency to cut further gains.
ZS Stock Fundamentals
The current profitability levels are settled at -18.21 for the present operating margin and +80.08 for gross margin. The net margin for Zscaler, Inc. stands at -17.69. Total capital return value is set at -23.08, while invested capital returns managed to touch -22.43. Equity return holds the value -11.10%, with -6.10% for asset returns.
The receivables turnover for Zscaler, Inc. is 3.78 with the total asset turnover at the value of 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.