Are You Interested In Investing In Zscaler Inc. (ZS)? Check This Out First

As of Friday close, Zscaler Inc.’s (NASDAQ:ZS) stock was up $15.6, moving up 11.33 percent to $153.23. The average number of shares traded per day over the past five days has been 3,815,880 shares. 1 time new highs have been achieved over the past 5 days, with a -$19.71 fall in that time frame. In the last twenty days, the average volume was 2,266,785, while in the previous 50 days, it was 2,372,232.


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Since last month, ZS stock retreated -36.48%. Shares of the company fell to $127.62 on 05/12/22, the lowest level in the past month. A 52-week high of $376.11 was reached on 01/03/22 after having rallying from a 52-week low of $127.62. Since the beginning of this year, ZS’s stock price has dropped by -52.31% or -$168.10, and marked a new high 1 time. However, the stock has declined by -59.26% since its 52-week high.

Zscaler Inc. (ZS) last reported insider trading activity 40 days ago on Apr 04. Sinha Amit, the President of the company, disposed of 6,000 shares for $250.89 on Apr 04. It resulted in a $1,505,369 divestment by the insider. BLASING KAREN sold 1,000 shares at an average price of $250.00 on Apr 04. The insider now owns 2,381 shares following the transaction. On Apr 01, Director BLASING KAREN sold 2,000 shares at $250.00 apiece. The transaction was valued at $500,000.

Valuation Metrics

The stock’s beta is 1.10. Besides these, the trailing price-to-sales (P/S) ratio of 27.69, the price-to-book (PB) ratio of 39.90, and the price-to-cash flow ratio of 113.13 may also be considered.

Financial Health

In the three months ended October 30, Zscaler Inc.’s quick ratio stood at 2.40, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending October 30 was 1.74, and the total debt-to-equity ratio was 1.74. On the profitability front, the trailing twelve-month gross margin is 77.40% percent. In the year ended October 30, EBITDA margin amounted to -16.25%, whereas operating margins totaled -31.40%. Based on annual data, ZS earned $522.78 million in gross profit and brought in $673.1 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -14.70%. Return on equity (ROE) for the past 12 months was -62.80%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ZS’s revenue rose 50.74% to $176.4 million during the quarter, while net income inched up to $255.56 million. While analysts expected Zscaler Inc. to report $0.12 quarterly earnings, the actual figure was $0.14 per share, beating the consensus estimate by 16.70%. During the quarter, the company generated -$41.91 million in EBITDA. The liabilities of Zscaler Inc. were 1.88 billion at the end of its most recent quarter ended October 30, and its total debt was $978.04 million. The value of shareholders’ equity is $141.09 million.

Technical Picture

This quick technical analysis looks at Zscaler Inc.’s (ZS) price momentum. With a historical volatility rate of 114.79%, the RSI 9-day stood at 32.65% on 13 May.

With respect to its five-day moving average, the current Zscaler Inc. price is down by -11.40% percent or -$19.71. At present, ZS shares trade -33.62% below its 20-day simple moving average and -49.92% percent below its 100-day simple moving average. However, the stock is currently trading approximately -36.69% below its SMA50 and -35.35% below its SMA200.

Stochastic coefficient K was 13.47% and Stochastic coefficient D was 7.65%, while ATR was 15.60. Given the Stochastic reading of 28.53% for the 14-day period, the RSI (14) reading has been calculated as 33.45%. As of today, the MACD Oscillator reading stands at -25.06, while the 14-day reading stands at -39.27.

Analyst Ratings

Daiwa Securities upgraded its rating on Zscaler Inc. (NASDAQ: ZS) to a Buy in a note to investors on March 02, 2022. The analysts firm previously had an Underperform rating on the stock.Zscaler Inc. (ZS) has been rated Overweight by analysts. According to 1 brokerage firm, ZS is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Zscaler Inc. stock as buy, with 25 recommending it as overweight.

With a median target price of $320.00, the current consensus forecast for the stock is $195.00 – $500.00. Based on these forecasts, analysts predict Zscaler Inc. (ZS) will achieve an average price target of $318.31.

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