On Tuesday, Zscaler Inc (NASDAQ: ZS) opened lower -2.43% from the last session, before settling in for the closing price of $181.15. Price fluctuations for ZS have ranged from $131.59 to $259.61 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 53.60%. Company’s average yearly earnings per share was noted 68.40% at the time writing. With a float of $92.72 million, this company’s outstanding shares have now reached $147.17 million.
Let’s determine the extent of company efficiency that accounts for 5962 employees.
Zscaler Inc (ZS) Insider Activity
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Zscaler Inc is 38.66%, while institutional ownership is 47.10%. The most recent insider transaction that took place on Jun 21 ’24, was worth 574,861. In this transaction Chief Financial Officer of this company sold 3,238 shares at a rate of $177.54, taking the stock ownership to the 240,248 shares. Before that another transaction happened on Jun 20 ’24, when Company’s Chief Financial Officer sold 7,981 for $177.21, making the entire transaction worth $1,414,337. This insider now owns 243,486 shares in total.
Zscaler Inc (ZS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 68.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.82% during the next five years compared to -17.41% drop over the previous five years of trading.
Zscaler Inc (NASDAQ: ZS) Trading Performance Indicators
Check out the current performance indicators for Zscaler Inc (ZS). In the past quarter, the stock posted a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.16. Likewise, its price to free cash flow for the trailing twelve months is 48.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.33 in one year’s time.
Technical Analysis of Zscaler Inc (ZS)
Looking closely at Zscaler Inc (NASDAQ: ZS), its last 5-days average volume was 1.3 million, which is a drop from its year-to-date volume of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 12.67%. Additionally, its Average True Range was 6.98.
During the past 100 days, Zscaler Inc’s (ZS) raw stochastic average was set at 40.65%, which indicates a significant increase from 8.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.25% in the past 14 days, which was lower than the 32.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $184.14, while its 200-day Moving Average is $196.41. However, in the short run, Zscaler Inc’s stock first resistance to watch stands at $181.97. Second resistance stands at $187.19. The third major resistance level sits at $191.35. If the price goes on to break the first support level at $172.59, it is likely to go to the next support level at $168.43. Should the price break the second support level, the third support level stands at $163.21.
Zscaler Inc (NASDAQ: ZS) Key Stats
There are currently 151,149K shares outstanding in the company with a market cap of 26.72 billion. Presently, the company’s annual sales total 1,617 M according to its annual income of -202,340 K. Last quarter, the company’s sales amounted to 553,200 K and its income totaled 19,120 K.
