Company Performance - Zscaler's stock closed at 0.75 per share, indicating a year-over-year decline of 14.77% [3] - The consensus estimate for revenue is 3.06 per share and revenue of $2.65 billion, reflecting year-over-year changes of -4.08% and +22.18%, respectively [4] Analyst Projections - Recent shifts in analyst projections for Zscaler should be monitored, as positive estimate revisions are seen as a good sign for the company's business outlook [5] - Estimate alterations are linked to stock price performance, and the Zacks Rank model incorporates these changes for actionable insights [6] Zacks Rank and Valuation - Zscaler currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 18.31% in the past month [7] - The company is trading with a Forward P/E ratio of 82.26, which is a premium compared to the industry's average Forward P/E of 71.1, and has a PEG ratio of 5.96, higher than the security industry's average PEG ratio of 3.15 [8] Industry Context - The Security industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 51, placing it in the top 21% of over 250 industries [9]
Zscaler (ZS) Rises Higher Than Market: Key Facts