Zscaler Inc. (NASDAQ: ZS) kicked off on May 19, 2023, at the price of $123.94, up 1.06% from the previous trading day. During the day, the shares moved up to $126.67 and dropped to $123.50 before settling in for the closing price of $123.96. Over the past 52 weeks, ZS has traded in a range of $84.93-$194.21.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 54.10% over the past five years. While this was happening, its average annual earnings per share was recorded -43.40%. With a float of $86.47 million, this company’s outstanding shares have now reached $144.51 million.
Let’s look at the performance matrix of the company that is accounted for 4975 employees. In terms of profitability, gross margin is +77.70, operating margin of -30.01, and the pretax margin is -35.16.
Zscaler Inc. (ZS) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Zscaler Inc. is 1.00%, while institutional ownership is 49.60%. The most recent insider transaction that took place on Mar 16, was worth 665,211. In this transaction Chief Financial Officer of this company sold 6,229 shares at a rate of $106.79, taking the stock ownership to the 295,863 shares. Before that another transaction happened on Mar 16, when Company’s Chief Operating Officer sold 5,638 for $106.79, making the entire transaction worth $602,097. This insider now owns 291,182 shares in total.
Zscaler Inc. (ZS) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 1/30/2023, the organization reported $0.37 earnings per share (EPS), higher than consensus estimate (set at $0.29) by $0.08. This company achieved a net margin of -35.77 while generating a return on equity of -70.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 61.04% during the next five years compared to -48.50% drop over the previous five years of trading.
Zscaler Inc. (NASDAQ: ZS) Trading Performance Indicators
Take a look at Zscaler Inc.’s (ZS) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.34. Likewise, its price to free cash flow for the trailing twelve months is 64.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Zscaler Inc. (ZS)
Zscaler Inc. (NASDAQ: ZS) saw its 5-day average volume 2.64 million, a negative change from its year-to-date volume of 2.92 million. As of the previous 9 days, the stock’s Stochastic %D was 94.08%. Additionally, its Average True Range was 5.00.
During the past 100 days, Zscaler Inc.’s (ZS) raw stochastic average was set at 68.72%, which indicates a significant decrease from 96.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.18% in the past 14 days, which was higher than the 60.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.24, while its 200-day Moving Average is $132.09. Nevertheless, the first resistance level for the watch stands at $126.79 in the near term. At $128.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $129.96. If the price goes on to break the first support level at $123.62, it is likely to go to the next support level at $121.98. Assuming the price breaks the second support level, the third support level stands at $120.45.
Zscaler Inc. (NASDAQ: ZS) Key Stats
The company with the Market Capitalisation of 17.99 billion has total of 145,120K Shares Outstanding. Its annual sales at the moment are 1,091 M in contrast with the sum of -390,280 K annual income. Company’s last quarter sales were recorded 387,600 K and last quarter income was -57,450 K.
