Zscaler Inc (NASDAQ: ZS) is -9.07% lower on its value in year-to-date trading and has touched a low of $153.45 and a high of $259.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZS stock was last observed hovering at around $208.50 in the last trading session, with the day’s loss setting it -7.03%.
Currently trading at $201.47, the stock is 5.02% and 10.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -3.37% at the moment leaves the stock 6.30% off its SMA200. ZS registered 9.16% gain for a year compared to 6-month gain of 12.64%. The firm has a 50-day simple moving average (SMA 50) of $182.2348 and a 200-day simple moving average (SMA200) of $189.53806.
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
The stock witnessed a 6.73% loss in the last 1 month and extending the period to 3 months gives it a 3.05%, and is 2.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.62% over the week and 2.82% over the month.
Zscaler Inc (ZS) has around 7348 employees, a market worth around $29.69B and $2.17B in sales. Fwd P/E is 57.69. Profit margin for the company is -2.66%. Distance from 52-week low is 31.29% and -22.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.38%).
with sales reaching $605.42M over the same period.The EPS is expected to shrink by -10.59% this year, but quarterly earnings will post 20.49% year-over-year. Quarterly sales are estimated to grow 21.89% in year-over-year returns.
Zscaler Inc (ZS) Top Institutional Holders
1079.0 institutions hold shares in Zscaler Inc (ZS), with institutional investors hold 84.77% of the company’s shares. The shares outstanding are 152.49M, and float is at 94.07M with Short Float at 4.59%. Institutions hold 52.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.31 million shares valued at $1.79 billion. The investor’s holdings represent 6.1937% of the ZS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.93 million shares valued at $1.33 billion to account for 4.6084 of the shares outstanding. The other top investors are AMERICAN CENTURY COMPANIES INC which holds 2.72 million shares representing 1.8107% and valued at over $523.01 million, while GOLDMAN SACHS GROUP INC holds 1.7447 of the shares totaling 2.62 million with a market value of $503.94 million.
Zscaler Inc (ZS) Insider Activity
The most recent transaction is an insider sale by Schlossman Robert, the company’s Chief Legal Officer. SEC filings show that Schlossman Robert sold 1,435 shares of the company’s common stock on Oct 09 ’24 at a price of $181.70 per share for a total of $0.26 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Sep 30 ’24, Schlossman Robert (Chief Legal Officer) disposed off 4,947 shares at an average price of $170.22 for $0.84 million. The insider now directly holds 107,241 shares of Zscaler Inc (ZS).
