Earnings and Growth Analysis : Zscaler (NASDAQ:ZS)

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Earnings results for Zscaler (NASDAQ:ZS)

Zscaler, Inc. is expected* to report earnings on 09/09/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.19. The reported EPS for the same quarter last year was $-0.02.

Analyst Opinion on Zscaler (NASDAQ:ZS)

24 Wall Street analysts have issued ratings and price targets for Zscaler in the last 12 months. Their average twelve-month price target is $113.86, predicting that the stock has a possible downside of 14.50%. The high price target for ZS is $198.00 and the low price target for ZS is $45.00. There are currently 10 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

Zscaler has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 13 buy ratings, 10 hold ratings, and no sell ratings. According to analysts’ consensus price target of $113.86, Zscaler has a forecasted downside of 14.5% from its current price of $133.17. Zscaler has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Zscaler (NASDAQ:ZS)

Zscaler does not currently pay a dividend. Zscaler does not have a long track record of dividend growth.

Insiders buying/selling: Zscaler (NASDAQ:ZS)

In the past three months, Zscaler insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,979,254.00 in company stock. Only 23.80% of the stock of Zscaler is held by insiders. 42.24% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Zscaler (NASDAQ:ZS

Earnings for Zscaler are expected to decrease in the coming year, from ($0.53) to ($0.85) per share. The P/E ratio of Zscaler is -242.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Zscaler is -242.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Zscaler has a P/B Ratio of 55.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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