Zscaler Inc [ZS] Is Currently 5.12 below its 200 Period Moving Avg: What Does This Mean?

Zscaler Inc [NASDAQ: ZS] closed the trading session at $195.50.

The stocks have a year to date performance of -11.76 percent and weekly performance of 15.25 percent. The stock has been moved at 5.80 percent over the last six months. The stock has performed 20.90 percent around the most recent 30 days and changed -3.17 percent over the most recent 3-months.

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If compared to the average trading volume of 1.84M shares, ZS reached to a volume of 3369708 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $213.24 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 1.75. 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.

Exane BNP Paribas have made an estimate for Zscaler Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 08, 2024. While these analysts kept the previous recommendation, BMO Capital Markets dropped their target price from $208 to $197. The new note on the price target was released on September 04, 2024, representing the official price target for Zscaler Inc stock. Previously, the target price had yet another raise to $195, while BofA Securities analysts kept a Neutral rating on ZS stock.

The Average True Range (ATR) for Zscaler Inc is set at 6.05, with the Price to Sales ratio for ZS stock in the period of the last 12 months amounting to 13.75. The Price to Book ratio for the last quarter was 23.40, with the Price to Cash per share for the same quarter was set at 15.80. Price to Free Cash Flow for ZS in the course of the last twelve months was 50.96 with Quick ratio for the last quarter at 1.04.

ZS stock trade performance evaluation

Zscaler Inc [ZS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.25. With this latest performance, ZS shares gained by 20.90% in over the last four-week period, additionally plugging by 5.80% over the last 6 months – not to mention a rise of 13.74% 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 69.46, with the RSI for the last a single of trading hit 79.18, and the three-weeks RSI is set at 63.11 for Zscaler Inc [ZS]. The present Moving Average for the last 50 days of trading for this stock 177.32, while it was recorded at 180.89 for the last single week of trading, and 194.27 for the last 200 days.

Zscaler Inc [ZS]: An insightful look at the core fundamentals

Zscaler Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.04.

Earnings per share (EPS) analysis for Zscaler Inc [ZS] stock

With the latest financial reports released by the company, Zscaler Inc posted 0.67/share EPS, while the average EPS was predicted by analysts to be reported at 0.49/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.18. 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 18.50%.

Zscaler Inc [ZS]: Institutional Ownership

There are presently around $50.07%, or 80.59%% of ZS stock, in the hands of institutional investors. The top three institutional holders of ZS stocks are: VANGUARD GROUP INC with ownership of 9.31 million shares, which is approximately 6.1937%. BLACKROCK INC., holding 6.93 million shares of the stock with an approximate value of $$1.33 billion in ZS stocks shares; and BLACKROCK INC., currently with $$523.01 million in ZS stock with ownership which is approximately 1.8107%.