The stock has a 36-month beta value of 0.82. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for ZS is 93.55M, and at present, short sellers hold a 5.54% of that float. On October 03, 2024, the average trading volume of ZS was 1.82M shares.
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ZS) stock’s latest price update
Zscaler Inc (NASDAQ: ZS)’s stock price has increased by 1.62 compared to its previous closing price of 166.99. However, the company has seen a -1.20% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-10-02 that Zscaler (ZS) closed the most recent trading day at $169.69, moving +1.62% from the previous trading session.
ZS’s Market Performance
Zscaler Inc (ZS) has experienced a -1.20% fall in stock performance for the past week, with a -12.16% drop in the past month, and a -14.47% drop in the past quarter. The volatility ratio for the week is 2.54%, and the volatility levels for the past 30 days are at 3.15% for ZS. The simple moving average for the past 20 days is 1.40% for ZS’s stock, with a -13.33% simple moving average for the past 200 days.
Analysts’ Opinion of ZS
Many brokerage firms have already submitted their reports for ZS stocks, with BMO Capital Markets repeating the rating for ZS by listing it as a “Outperform.” The predicted price for ZS in the upcoming period, according to BMO Capital Markets is $197 based on the research report published on September 04, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see ZS reach a price target of $195. The rating they have provided for ZS stocks is “Neutral” according to the report published on September 04th, 2024.
ZS Trading at -4.62% from the 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, the company was unable to rebound, for now settling with -34.64% of loss for the given period.
Volatility was left at 3.15%, however, over the last 30 days, the volatility rate increased by 2.54%, as shares surge +7.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.19% lower at present.
During the last 5 trading sessions, ZS fell by -1.20%, which changed the moving average for the period of 200-days by -21.59% in comparison to the 20-day moving average, which settled at $167.97. In addition, Zscaler Inc saw -23.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZS starting from Schlossman Robert, who sale 4,947 shares at the price of $170.22 back on Sep 30 ’24. After this action, Schlossman Robert now owns 107,241 shares of Zscaler Inc, valued at $842,084 using the latest closing price.
ROBERT SCHLOSSMAN, the Officer of Zscaler Inc, proposed sale 4,947 shares at $171.77 during a trade that took place back on Sep 30 ’24, which means that ROBERT SCHLOSSMAN is holding shares at $849,746 based on the most recent closing price.
Stock Fundamentals for ZS
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.78 for the gross margin
The net margin for Zscaler Inc stands at -0.03. The total capital return value is set at -0.08. Equity return is now at value -5.77, with -1.39 for asset returns.
Based on Zscaler Inc (ZS), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.67. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is -9.32.
Currently, EBITDA for the company is -40.55 million with net debt to EBITDA at 9.83. When we switch over and look at the enterprise to sales, we see a ratio of 11.75. The receivables turnover for the company is 2.94for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To sum up, Zscaler Inc (ZS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
