Zscaler Inc [NASDAQ: ZS] price surged by 5.75 percent to reach at $10.28.
The one-year ZS stock forecast points to a potential upside of 18.1. The average equity rating for ZS stock is currently 1.52, trading closer to a bullish pattern in the stock market.
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
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 $231.01 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 1.52. 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.
JP Morgan have made an estimate for Zscaler Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 14, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Outperform. The new note on the price target was released on June 14, 2024, representing the official price target for Zscaler Inc stock. Previously, the target price had yet another drop from $275 to $182, while Wells Fargo kept a Equal Weight rating on ZS stock.
The Average True Range (ATR) for Zscaler Inc is set at 6.37, with the Price to Sales ratio for ZS stock in the period of the last 12 months amounting to 14.09. The Price to Book ratio for the last quarter was 26.19, with the Price to Cash per share for the same quarter was set at 14.82. Price to Free Cash Flow for ZS in the course of the last twelve months was 52.00 with Quick ratio for the last quarter at 1.67.
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 5.95. With this latest performance, ZS shares gained by 15.25% in over the last four-week period, additionally sinking by -15.76% over the last 6 months – not to mention a rise of 30.79% 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 60.88, with the RSI for the last a single of trading hit 64.92, and the three-weeks RSI is set at 57.42 for Zscaler Inc [ZS]. The present Moving Average for the last 50 days of trading for this stock 176.32, while it was recorded at 182.25 for the last single week of trading, and 192.43 for the last 200 days.
Insight into Zscaler Inc Fundamentals:
Zscaler Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.67 and a Current Ratio set at 1.67.
ZS Stock EPS
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 26.82%.
Zscaler Inc [ZS] Institutonal Ownership Details
The top three institutional holders of ZS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ZS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ZS stock with ownership which is approximately 5.8386%.
