Zscaler Inc (ZS) concluded trading on Wednesday at a closing price of $185.69, with 4.27 million shares of worth about $792.66 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.98% during that period and on December 18, 2024 the price saw a loss of about -7.36%. Currently the company’s common shares owned by public are about 153.41M shares, out of which, 94.98M shares are available for trading.
Stock saw a price change of -10.69% in past 5 days and over the past one month there was a price change of -8.46%. Year-to-date (YTD), ZS shares are showing a performance of -16.19% which decreased to -16.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $153.45 but also hit the highest price of $259.61 during that period. The average intraday trading volume for Zscaler Inc shares is 1.74 million. The stock is currently trading -9.28% below its 20-day simple moving average (SMA20), while that difference is down -6.02% for SMA50 and it goes to -0.07% lower than SMA200.
Zscaler Inc (NASDAQ: ZS) currently have 153.41M outstanding shares and institutions hold larger chunk of about 48.87% of that.
The stock has a current market capitalization of $28.49B and its 3Y-monthly beta is at 0.83. It has posted earnings per share of -$0.24 in the same period. It has Quick Ratio of 1.09 while making debt-to-equity ratio of 0.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZS, volatility over the week remained 4.15% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to drop by -6.24% while it is estimated to increase by 18.89% in next year. EPS is likely to grow at an annualized rate of 16.32% for next 5-years, compared to annual growth of -10.72% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on December 03, 2024 offering an Outperform rating for the stock and assigned a target price range of between $197 and $222 to it. Coverage by Exane BNP Paribas stated Zscaler Inc (ZS) stock as a Neutral in their note to investors on October 08, 2024, suggesting a price target of $180 for the stock. On September 04, 2024, BMO Capital Markets Reiterated their recommendations, while on September 04, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $195. Stock get a Mkt perform rating from Raymond James on July 23, 2024.