Zscaler (NASDAQ:ZS – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.940-2.990 for the period, compared to the consensus EPS estimate of 2.870. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Zscaler also updated its FY25 guidance to $2.94-$2.99 EPS.
Wall Street Analyst Weigh In
Several brokerages have issued reports on ZS. Oppenheimer cut their price objective on shares of Zscaler from $260.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 4th. Wells Fargo & Company decreased their price target on shares of Zscaler from $182.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, September 4th. Susquehanna reissued a “positive” rating and issued a $210.00 target price on shares of Zscaler in a research report on Thursday, September 5th. BNP Paribas assumed coverage on Zscaler in a research report on Tuesday, October 8th. They set a “neutral” rating and a $180.00 price target for the company. Finally, Scotiabank dropped their price target on Zscaler from $210.00 to $195.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, September 4th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Zscaler has an average rating of “Moderate Buy” and an average price target of $221.13.
Read Our Latest Stock Analysis on ZS
Zscaler Stock Up 0.9 %
Zscaler (NASDAQ:ZS – Get Free Report) last posted its quarterly earnings results on Monday, December 2nd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.63 by $0.14. The business had revenue of $628.00 million during the quarter, compared to the consensus estimate of $605.51 million. Zscaler had a negative net margin of 2.66% and a negative return on equity of 3.46%. The company’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.18) earnings per share. Research analysts predict that Zscaler will post -0.95 EPS for the current year.
Insider Buying and Selling
In related news, Director Andrew William Fraser Brown sold 8,000 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $174.10, for a total value of $1,392,800.00. Following the completion of the sale, the director now owns 25,907 shares in the company, valued at $4,510,408.70. This represents a 23.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Schlossman sold 4,947 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $170.22, for a total value of $842,078.34. Following the transaction, the insider now directly owns 107,241 shares in the company, valued at approximately $18,254,563.02. This represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,502 shares of company stock worth $5,256,651 in the last ninety days. 18.10% of the stock is owned by corporate insiders.
Zscaler Company Profile
Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.
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