Zscaler, Inc. (NASDAQ:ZS) went up by 2.20% from its latest closing price when compared to the 1-year high value of $89.54 and move down -5.29%, while ZS stocks collected +6.38% of gains with the last five trading sessions.
Zscaler, Inc. (NASDAQ:ZS) Worth an Investment?
Zscaler, Inc. (NASDAQ:ZS) 7 of the analysts out of 18 who provided ratings for Zscaler, Inc. stocks as a “buy” while 1 as overweight, 8 rated it as hold and 1 as sell. The average price we get from analysts is $79.13 which is -$4.48 below current price. ZS currently has a short float of 11.10% and public float of 59.94M with average trading volume of 2.38M shares.
ZS Market Performance
ZS stocks went up by 6.38% for the week, with the monthly jump of 1.49% and a quarterly performance of 18.03%, while its annual performance rate touched 122.68%. The simple moving average for the period of the last 20 days is 1.56% for ZS stocks with the simple moving average of 42.01% for the last 200 days.
Analysts’ Opinion on Zscaler, Inc. (NASDAQ:ZS)
Many brokerage firms have already submitted their reports for ZS stocks, with BMO Capital Markets repeating the rating for ZS shares by setting it to “Market Perform”. The predicted price for ZS socks in the upcoming period according to BMO Capital Markets is $76 based on the research report published on August 2, 2019.
Needham, on the other hand, stated in their research note that they expect to see ZS stock at the price of $89, previously predicting the value of $65. The rating they have provided for ZS stocks is “Strong Buy” according to the report published on May 31, 2019.
Berenberg gave “Hold” rating to ZS stocks, setting the target price at $89 in the report published on May 31, 2019.
ZS Stocks 6.07% 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 unable to take a rebound, for now settling with -5.03% of loss for the given period.
The stock volatility was left at 3.62%, however, within the period of a single month, the volatility rate increased by 3.88%, while the shares surge at the distance of +2.97% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +27.12% upper at the present time.
In the course of the last 5 trading sessions, ZS went up by +6.38%, which changed the moving average for the period of 200 days to the total of +149.97% of gains for the stock in comparison to the 20-day moving average settled at $83.86. In addition, Zscaler, Inc. saw 116.88% 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 -13.98 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 -17.72, while invested capital returns managed to touch -22.43. Equity return holds the value -11.50%, with -6.20% 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.