In the latest trading session, Zscaler (ZS) closed at $195.50, marking a +1.35% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%. Shares of the cloud-based information security provider have appreciated by 2.31% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.36% and the S&P 500's loss of 1.85%. The upcoming earnings release of Zscaler wi ...

SAN JOSE, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company is scheduled to present at upcoming investor conferences. Details for each event are as follows: Citi Global TMT Conference in New York City Thursday, September 5th, 2024 8:40 a.m. PT (11:40 a.m. ET) Goldman Sachs Communacopia + Technology Conference in San Francisco Wednesday, September 11th, 2024 9:30 a.m. PT (12:30 p.m. ET) Wolfe Research TMT Conference in San Fra ...

Zscaler, Inc. (ZS) , a leader in zero-trust cybersecurity, has recently seen its stock price take a significant hit, plunging nearly 16% in the past month. This sharp decline exceeds the broader market's performance, with the S&P 500 down 5.5% and the Zacks Computer and Technology sector dropping 10.4%. The primary driver behind this decline is the broader market sell-off, fueled by macroeconomic concerns. Investors are jittery due to uncertainty around the Federal Reserve's interest rate policies and fears ...

Core Viewpoint - Zscaler, Inc. is set to release its fourth quarter and fiscal year 2024 earnings on September 3, 2024, and will host an investor conference call to discuss the results [1][2]. Company Overview - Zscaler (NASDAQ: ZS) is a leader in cloud security, facilitating digital transformation for customers to enhance agility, efficiency, resilience, and security [3]. - The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications globally [3]. - The platform is distributed across more than 150 data centers worldwide, making it the largest in-line cloud security platform [3].

Zscaler (ZS) closed the latest trading day at $179.35, indicating a +1.47% change from the previous session's end. This move outpaced the S&P 500's daily gain of 1.08%. Meanwhile, the Dow experienced a rise of 0.75%, and the technology-dominated Nasdaq saw an increase of 2.64%. The the stock of cloud-based information security provider has fallen by 10.12% in the past month, lagging the Computer and Technology sector's loss of 5.77% and the S&P 500's loss of 0.44%. The investment community will be paying cl ...

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 ...