NASDAQ:ZSZscaler Stock Price, Forecast & News

Zscaler's stock was trading at $42.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ZS shares have increased by 76.8% and is now trading at $75.80. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 2 sell ratings, 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zscaler.

Zscaler Inc (NASDAQ:ZS) posted its quarterly earnings results on Tuesday, December, 3rd. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.08) by $0.11. The firm had revenue of $93.59 million for the quarter, compared to analysts' expectations of $89.81 million. Zscaler had a negative return on equity of 13.55% and a negative net margin of 17.70%. The firm's quarterly revenue was up 47.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.01 earnings per share. View Zscaler's earnings history.

Zscaler updated its FY20 earnings guidance on Thursday, May, 28th. The company provided EPS guidance of $0.20-0.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $422-424 million, compared to the consensus revenue estimate of $414.61 million.

21 Wall Street analysts have issued 12-month target prices for Zscaler's shares. Their forecasts range from $37.00 to $89.00. On average, they anticipate Zscaler's stock price to reach $67.42 in the next year. This suggests that the stock has a possible downside of 11.1%. View analysts' price targets for Zscaler.

News headlines about ZS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Zscaler earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutZscaler.

Some companies that are related to Zscaler include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), PROS (PRO), Glu Mobile (GLUU), Sogou (SOGO) and Formula Systems (1985) (FORTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Micron Technology (MU) and Paypal (PYPL).

(ZS) raised $110 million in an IPO on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.88%), JPMorgan Chase & Co. (3.06%), Franklin Resources Inc. (1.45%), Champlain Investment Partners LLC (1.32%), First Trust Advisors LP (0.90%) and State Street Corp (0.72%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends for Zscaler.

ZS stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Scout Investments Inc., Two Sigma Advisers LP, Carillon Tower Advisers Inc., Franklin Resources Inc., Morgan Stanley, Morgan Stanley, and Frontier Capital Management Co. LLC. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa, and Robert Schlossman. View insider buying and selling activity for Zscaler.

ZS stock was acquired by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, BlackRock Inc., Thrivent Financial for Lutherans, Deutsche Bank AG, AQR Capital Management LLC, JPMorgan Chase & Co., Weiss Multi Strategy Advisers LLC, and First Trust Advisors LP. View insider buying and selling activity for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $75.80.

Zscaler has a market capitalization of $9.80 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.

The official website for Zscaler is www.zscaler.com.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]