Zscaler (NASDAQ:ZS) Issues FY 2025 Earnings Guidance

Zscaler (NASDAQ:ZS) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 2.940-2.990 for the period, compared to the consensus earnings per share 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

A number of equities research analysts recently issued reports on the company. Robert W. Baird reduced their price target on Zscaler from $260.00 to $225.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 4th. BTIG Research raised their target price on Zscaler from $205.00 to $238.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Wells Fargo & Company decreased their target price on Zscaler from $182.00 to $180.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 4th. Needham & Company LLC cut their price target on Zscaler from $290.00 to $235.00 and set a “strong-buy” rating for the company in a research note on Wednesday, September 4th. Finally, Cantor Fitzgerald upgraded Zscaler to a “hold” rating in a research note on Monday, November 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $221.13.

Zscaler Stock Up 0.9 %

Zscaler stock traded up $1.92 during mid-day trading on Monday, hitting $208.51. The company had a trading volume of 5,314,282 shares, compared to its average volume of 2,018,687. Zscaler has a 1 year low of $153.45 and a 1 year high of $259.61. The business has a fifty day moving average of $190.12 and a 200 day moving average of $184.80. The stock has a market cap of $31.99 billion, a price-to-earnings ratio of -516.46 and a beta of 0.82.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Monday, December 2nd. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.14. Zscaler had a negative return on equity of 3.46% and a negative net margin of 2.66%. The firm had revenue of $628.00 million during the quarter, compared to the consensus estimate of $605.51 million. During the same quarter in the prior year, the business posted ($0.18) earnings per share. Zscaler’s revenue for the quarter was up 26.4% on a year-over-year basis. Equities analysts anticipate that Zscaler will post -0.95 earnings per share for the current year.

Insider Activity

In related news, CFO Remo Canessa sold 8,455 shares of Zscaler stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $171.28, for a total transaction of $1,448,172.40. Following the completion of the transaction, the chief financial officer now owns 231,793 shares in the company, valued at approximately $39,701,505.04. This trade represents a 3.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 2,852 shares of Zscaler stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $171.28, for a total transaction of $488,490.56. Following the completion of the sale, the chief executive officer now owns 361,432 shares of the company’s stock, valued at approximately $61,906,072.96. The trade was a 0.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,502 shares of company stock worth $5,256,651. 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.