Moreover, the 36-month beta value for ZS is 0.80. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for ZS is 94.08M and currently, short sellers hold a 4.59% of that float. On November 13, 2024, ZS’s average trading volume was 1.77M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ZS) stock’s latest price update
The stock price of Zscaler Inc (NASDAQ: ZS) has jumped by 4.76 compared to previous close of 199.54. Despite this, the company has seen a gain of 11.84% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Zscaler, a leading cloud security company, exhibits strong financial health with high recurring revenue, robust customer retention, and impressive free cash flow margins. Despite slowing YoY revenue growth, Zscaler’s valuation remains justified due to its high FCF margins and stable, recurring revenue from a growing customer base. The company’s strategic shift to an account-centric sales approach and focus on upselling opportunities position it well for future growth.
ZS’s Market Performance
Zscaler Inc (ZS) has seen a 11.84% rise in stock performance for the week, with a 6.25% gain in the past month and a 13.62% surge in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 2.68% for ZS. The simple moving average for the last 20 days is 10.39% for ZS’s stock, with a simple moving average of 10.01% for the last 200 days.
Analysts’ Opinion of ZS
Many brokerage firms have already submitted their reports for ZS stocks, with Exane BNP Paribas repeating the rating for ZS by listing it as a “Neutral.” The predicted price for ZS in the upcoming period, according to Exane BNP Paribas is $180 based on the research report published on October 08, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see ZS reach a price target of $197, previously predicting the price at $208. The rating they have provided for ZS stocks is “Outperform” according to the report published on September 04th, 2024.
BofA Securities gave a rating of “Neutral” to ZS, setting the target price at $195 in the report published on September 04th of the current year.
ZS Trading at 16.55% 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 -19.48% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +7.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.20% upper at present.
During the last 5 trading sessions, ZS rose by +11.84%, which changed the moving average for the period of 200-days by -14.69% in comparison to the 20-day moving average, which settled at $189.36. In addition, Zscaler Inc saw -5.65% 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 1,435 shares at the price of $181.70 back on Oct 09 ’24. After this action, Schlossman Robert now owns 105,806 shares of Zscaler Inc, valued at $260,740 using the latest closing price.
ROBERT SCHLOSSMAN, the Officer of Zscaler Inc, proposed sale 1,435 shares at $176.93 during a trade that took place back on Oct 09 ’24, which means that ROBERT SCHLOSSMAN is holding shares at $253,895 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 14.62. 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 wrap up, the performance of Zscaler Inc (ZS) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
