Friday, November 27, 2020

Zscaler Inc. [ZS] gain 124.77% so far this year. What now?

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Zscaler Inc. [NASDAQ: ZS] stock went on an upward path that rose over 2.00% on Monday, amounting to a one-week price increase of more than 1.73%. Over the last 12 months, ZS stock rose by 34.57%. The one-year Zscaler Inc. stock forecast points to a potential downside of -15.71. The average equity rating for ZS stock is currently 2.30, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $13.67 billion, with 129.68 million shares outstanding and 71.38 million shares in the current float. Compared to the average trading volume of 3.78M shares, ZS stock reached a trading volume of 2663490 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Guru’s Opinion on Zscaler Inc. [ZS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZS shares is $90.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZS stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wedbush have made an estimate for Zscaler Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 29, 2020. While these analysts kept the previous recommendation, UBS raised their target price from $60 to $90. The new note on the price target was released on May 29, 2020, representing the official price target for Zscaler Inc. stock. Previously, the target price had yet another raise from $75 to $115, while Rosenblatt kept a Buy rating on ZS stock. On May 29, 2020, analysts increased their price target for ZS shares from 80 to 100.

The Average True Range (ATR) for Zscaler Inc. is set at 5.51, with the Price to Sales ratio for ZS stock in the period of the last 12 months amounting to 34.92. The Price to Book ratio for the last quarter was 40.51, with the Price to Cash per share for the same quarter was set at 2.99. Price to Free Cash Flow for ZS in the course of the last twelve months was 428.53 with Quick ratio for the last quarter at 1.60.

ZS Stock Performance Analysis:

Zscaler Inc. [ZS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.73. With this latest performance, ZS shares gained by 38.22% in over the last four-week period, additionally plugging by 131.29% over the last 6 months – not to mention a rise of 34.57% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZS stock in for the last two-week period is set at 66.74, with the RSI for the last a single of trading hit 66.55, and the three-weeks RSI is set at 67.56 for Zscaler Inc. [ZS]. The present Moving Average for the last 50 days of trading for this stock 78.43, while it was recorded at 103.80 for the last single week of trading, and 58.22 for the last 200 days.

Insight into Zscaler Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Zscaler Inc. [ZS] shares currently have an operating margin of -7.34 and a Gross Margin at +80.17. Zscaler Inc.’s Net Margin is presently recorded at -9.46.

Return on Total Capital for ZS is now -8.07, given the latest momentum, and Return on Invested Capital for the company is -10.40. Return on Equity for this stock declined to -10.40, with Return on Assets sitting at -5.44.

Reflecting on the efficiency of the workforce at the company, Zscaler Inc. [ZS] managed to generate an average of -$19,361 per employee. Receivables Turnover for the company is 3.91 with a Total Asset Turnover recorded at a value of 0.57.Zscaler Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.

ZS Stock EPS

With the latest financial reports released by the company, Zscaler Inc. posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 600.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zscaler Inc. go to 25.67%.

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