Methodology Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SSE-based Zero Trust Exchange™ is the world's largest in-line cloud security platform. ThreatLabz tracked an 18% increase in ransomware att ...

In the latest market close, Zscaler (ZS) reached $191.07, with a +1.41% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.16%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.06%. The upcoming earnings release of Zscaler will be of great interest to investors. In that report, analysts expect Zscaler to post earnings of $0.69 per share. This would mark year-over-year growth of 7.81%. Alongside, our most recent consensus estimate is ...

The cybersecurity stock couldn't maintain its expensive valuation as growth slowed. Shares of Zscaler (ZS -3.66%) slid 13.3% in the first six months of the year, according to data provided by S&P Global Market Intelligence. The cybersecurity stock struggled as investors came to terms with the company's slowing growth rate and increased competition. Zscaler's last two quarters were generally favorable, but investors seem to be rethinking its valuation as the cybersecurity industry evolves. The cybersecurity ...

Looking ahead, Zscaler values its addressable market at $96 billion, and Wall Street expects the company to grow adjusted earnings per share at 18% annually through fiscal 2027 (ends July 2027). In that context, its current valuation of 68 times adjusted earnings look rather expensive. On the latest earnings call, CEO Chad Richison told analysts that Paycom has made "meaningful progress on the international front." However, he also said the company has captured just 5% of its addressable market in the U.S., ...

The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or resistance level. The bullish case only gets stronger once investors take into account ZS's positive earnings estimate revisions. There have been 13 higher compared to none lower for the current fiscal year, and the consensus ...

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Let's discuss some of the components of the Momentum Style Score for ZS that show why this cloud-based information security provider shows promise as a solid momentum pick. Investors sho ...

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Shares of the cloud-based information security provider have appreciated by 5.17% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.46% and outperforming the S&P 500's gain of 4.44%. The investment community will be closely monitoring the performance of Zscaler in its forthcoming earnings report. The company is predicted to post an EPS of $0.69, indicating a 7.81% growth compared ...

However, the stock pulled back since then and had been trading downward till May 30. But following the last excellent third-quarter fiscal 2024 earnings release on May 30, ZS stock has reversed its course and is on an upward trajectory. Let's find out the factors that can help Zscaler carry its recent upward momentum further. Impressive Performance & Strong Prospects Moreover, the long-term expected earnings growth rate currently stands at 26.5%, which is higher than the industry's average growth of 23.7%. ...

The cybersecurity stock's quarterly results helped build optimism about the industry's health. Shares of Zscaler (ZS -0.01%) rose 13.1% last month, according to data provided by S&P Global Market Intelligence. The company posted an impressive quarterly earnings report to start the month. Then the stock continued to move higher, thanks to momentum among cybersecurity stocks driven by additional promising data from members of the company's peer group. Bullish quarterly earnings report kicked off the month Zsc ...

The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages. move even higher. Once investors consider ZS's positive earnings estimate revisions, the bullish case only solidifies. No eamings estimate has been lowered in the past two months, compared to 13 raised estimates, for the current fis ...