Zscaler, Inc. (NASDAQ:ZS) went down by -2.03% from its latest closing price when compared to the 1-year high value of $89.54 and move down -75.33%, while ZS stocks collected +1.35% of gains with the last five trading sessions. Press Release reported on 11/26/19 that CORRECTION — Zscaler to Present at Upcoming Investor Conferences
Zscaler, Inc. (NASDAQ:ZS) Worth an Investment?
Zscaler, Inc. (NASDAQ:ZS) of the analysts out of 0 who provided ratings for Zscaler, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $62.61 which is $11.54 above current price. ZS currently has a short float of 20.24% and public float of 65.38M with average trading volume of 3.30M shares.
ZS Market Performance
ZS stocks went up by 10.25% for the week, with the monthly jump of 16.12% and a quarterly performance of -22.23%, while its annual performance rate touched 35.97%. The simple moving average for the period of the last 20 days is 10.51% for ZS stocks with the simple moving average of -20.73% for the last 200 days.
Analysts’ Opinion on Zscaler, Inc. (NASDAQ:ZS)
Many brokerage firms have already submitted their reports for ZS stocks, with BofA/Merrill repeating the rating for ZS shares by setting it to “Buy”. The predicted price for ZS socks in the upcoming period according to BofA/Merrill is $68 based on the research report published on November 25, 2019.
DA Davidson, on the other hand, stated in their research note that they expect to see ZS stock at the price of $68. The rating they have provided for ZS stocks is “Buy” according to the report published on November 19, 2019.
Goldman gave “Neutral” rating to ZS stocks, setting the target price at $45 in the report published on November 12, 2019.
ZS Stocks 10.44% 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 -42.96% of loss for the given period.
The stock volatility was left at 3.73%, however, within the period of a single month, the volatility rate increased by 4.26%, while the shares surge at the distance of +13.49% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -0.74% lower at the present time.
In the course of the last 5 trading sessions, ZS went up by +1.35%, which changed the moving average for the period of 200 days to the total of +1.92% of gains for the stock in comparison to the 20-day moving average settled at $46.52. In addition, Zscaler, Inc. saw 30.25% in overturn over the period of a single year with a tendency to cut further gains.
ZS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Zscaler, Inc. (ZS), starting from Schlossman Robert, who sold 2,000 shares at the price of $50.51 back on Dec 02. After this action, Rushing now owns 92,966 shares of Zscaler, Inc., valued at $101,022 with the latest closing price.
BLASING KAREN, the Director of Zscaler, Inc., sold 1,000 shares at the value of $50.46 during a trade that took place back on Dec 02, which means that BLASING KAREN is holding 1,595 shares at the value of $50,465 based on the most recent closing price.
ZS Stock Fundamentals
The current profitability levels are settled at -7.34 for the present operating margin and +80.17 for gross margin. The net margin for Zscaler, Inc. stands at -9.46. Total capital return value is set at -8.07, while invested capital returns managed to touch -10.40. Equity return holds the value -10.20%, with -5.40% for asset returns.
The receivables turnover for Zscaler, Inc. is 3.91 with the total asset turnover at the value of 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.