Zscaler(US:ZS) ZACKSยท2024-11-25 23:50Company Overview - Zscaler's stock closed at $210.42, reflecting a -0.26% change from the previous trading day's closing, underperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, Zscaler's shares have increased by 14.06%, while the Computer and Technology sector gained 0.27% and the S&P 500 gained 2.1% [1] Upcoming Financial Results - Zscaler is set to announce its earnings on December 2, 2024, with an anticipated EPS of $0.63, representing a 5.97% decline compared to the same quarter last year [2] - The consensus estimate projects revenue of $605.68 million, indicating a 21.94% increase from the equivalent quarter last year [2] Annual Forecast - For the entire year, Zacks Consensus Estimates forecast earnings of $2.87 per share and revenue of $2.61 billion, reflecting changes of -10.03% and +20.57%, respectively, compared to the previous year [3] - Recent changes to analyst estimates for Zscaler suggest shifting dynamics in short-term business patterns, with positive revisions indicating analyst optimism about the company's business and profitability [3] Valuation Metrics - Zscaler currently has a Forward P/E ratio of 73.49, which is significantly higher than the industry average Forward P/E of 21.35 [6] - The company has a PEG ratio of 9.6, compared to the Internet - Services industry's average PEG ratio of 2.02 [6] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 41, placing it in the top 17% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]