FY2025 EPS Estimates for Zscaler Lifted by Cantor Fitzgerald

Zscaler, Inc. (NASDAQ:ZS) – Cantor Fitzgerald raised their FY2025 EPS estimates for Zscaler in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will post earnings per share of $0.06 for the year, up from their prior forecast of ($0.69). Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.16) per share.

Zscaler (NASDAQ:ZS) last posted its earnings results on Monday, December 2nd. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.14. Zscaler had a negative net margin of 1.58% and a negative return on equity of 0.75%. The business had revenue of $628.00 million for the quarter, compared to analyst estimates of $605.51 million. During the same quarter in the previous year, the business posted ($0.18) EPS. The business’s quarterly revenue was up 26.4% on a year-over-year basis.

Several other research firms also recently issued reports on ZS. BTIG Research lifted their price objective on Zscaler from $205.00 to $238.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Stifel Nicolaus upped their price target on shares of Zscaler from $220.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, November 14th. JMP Securities reissued a “market outperform” rating and set a $240.00 price objective (down from $270.00) on shares of Zscaler in a report on Tuesday, December 3rd. BNP Paribas initiated coverage on shares of Zscaler in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $180.00 target price on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $240.00 price target on shares of Zscaler in a research note on Friday, January 10th. Eleven research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $225.47.

Zscaler Stock Performance

ZS stock opened at $193.47 on Friday. The stock has a 50-day simple moving average of $195.05 and a 200-day simple moving average of $187.86. The firm has a market cap of $29.69 billion, a P/E ratio of -773.88 and a beta of 0.87. Zscaler has a 1 year low of $153.45 and a 1 year high of $259.61.

Insider Activity

In related news, CFO Remo Canessa sold 3,703 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total transaction of $741,784.96. Following the completion of the sale, the chief financial officer now directly owns 220,635 shares in the company, valued at approximately $44,197,603.20. This trade represents a 1.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Syam Nair sold 3,682 shares of Zscaler stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total transaction of $737,578.24. Following the sale, the insider now directly owns 142,866 shares of the company’s stock, valued at $28,618,917.12. This trade represents a 2.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,248 shares of company stock worth $2,052,879 over the last quarter. Corporate insiders own 18.10% of the company’s stock.

Hedge Funds Weigh In On Zscaler

Hedge funds have recently bought and sold shares of the business. Prestige Wealth Management Group LLC bought a new position in Zscaler in the 3rd quarter worth $31,000. True Wealth Design LLC increased its stake in shares of Zscaler by 18,500.0% in the third quarter. True Wealth Design LLC now owns 186 shares of the company’s stock worth $32,000 after purchasing an additional 185 shares during the period. Versant Capital Management Inc lifted its position in shares of Zscaler by 136.8% during the 4th quarter. Versant Capital Management Inc now owns 180 shares of the company’s stock worth $32,000 after purchasing an additional 104 shares during the last quarter. Modus Advisors LLC bought a new stake in Zscaler during the 4th quarter valued at approximately $36,000. Finally, Crews Bank & Trust acquired a new stake in Zscaler in the 4th quarter valued at approximately $36,000. 46.45% of the stock is owned by institutional investors and hedge funds.

About Zscaler

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.