Earnings and Growth Analysis : Zscaler (NASDAQ:ZS)

Earnings results for Zscaler (NASDAQ:ZS)

Zscaler, Inc. is expected* to report earnings on 02/25/2021 after market close. The report will be for the fiscal Quarter ending Jan 2021. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.37. The reported EPS for the same quarter last year was $-0.1.

Zscaler last posted its quarterly earnings data on December 1st, 2020. The reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.08. The company had revenue of $142.60 million for the quarter, compared to analyst estimates of $132.29 million. Its revenue was up 52.4% compared to the same quarter last year. Zscaler has generated ($0.70) earnings per share over the last year. Zscaler has confirmed that its next quarterly earnings report will be published on Thursday, February 25th, 2021. Zscaler will be holding an earnings conference call on Thursday, February 25th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Zscaler (NASDAQ:ZS)

26 Wall Street analysts have issued ratings and price targets for Zscaler in the last 12 months. Their average twelve-month price target is $177.64, predicting that the stock has a possible downside of 16.78%. The high price target for ZS is $255.00 and the low price target for ZS is $73.00. There are currently 9 hold ratings, 16 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 2.69, and is based on 16 buy ratings, 9 hold ratings, and no sell ratings. According to analysts’ consensus price target of $177.64, Zscaler has a forecasted downside of 16.8% from its current price of $213.45. Zscaler has been the subject of 16 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 $58,650,901.00 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 ($1.56) to ($2.07) per share. The P/E ratio of Zscaler is -239.83, 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 -239.83, 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 56.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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