Zscaler Inc (NASDAQ: ZS) is -17.31% 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 $185.69 in the last trading session, with the day’s loss setting it -2.48%.
Currently trading at $183.21, the stock is -10.10% and -7.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing -1.34% at the moment leaves the stock -1.36% off its SMA200. ZS registered -18.22% loss for a year compared to 6-month gain of 2.04%. The firm has a 50-day simple moving average (SMA 50) of $197.5868 and a 200-day simple moving average (SMA200) of $185.82535.
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The stock witnessed a -10.35% loss in the last 1 month and extending the period to 3 months gives it a 6.08%, and is -11.22% down 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 4.64% over the week and 3.85% over the month.
Zscaler Inc (ZS) has around 7348 employees, a market worth around $28.11B and $2.30B in sales. Fwd P/E is 51.76. Profit margin for the company is -1.58%. Distance from 52-week low is 19.39% and -29.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.47%).
The EPS is expected to shrink by -6.50% this year
1081.0 institutions hold shares in Zscaler Inc (ZS), with institutional investors hold 83.54% of the company’s shares. The shares outstanding are 153.41M, and float is at 94.98M with Short Float at 4.20%. Institutions hold 52.38% 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 Chaudhry Jagtar Singh, the company’s CEO & Chairman. SEC filings show that Chaudhry Jagtar Singh sold 2,863 shares of the company’s common stock on Dec 17 ’24 at a price of $200.32 per share for a total of $0.57 million. Following the sale, the insider now owns 0.36 million shares.
Zscaler Inc disclosed in a document filed with the SEC on Dec 17 ’24 that Nair Syam (CTO) sold a total of 3,682 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $200.32 per share for $0.74 million. Following the transaction, the insider now directly holds 0.14 million shares of the ZS stock.
Still, SEC filings show that on Dec 17 ’24, Rich Michael J. (CRO and President of WW Sales) disposed off 3,779 shares at an average price of $200.32 for $0.76 million. The insider now directly holds 115,966 shares of Zscaler Inc (ZS).
