Zscaler (NASDAQ:ZS) Issues FY 2025 Earnings Guidance

Zscaler (NASDAQ:ZS) issued an update on its FY 2025 earnings guidance on Monday morning. 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 Analysts Forecast Growth

A number of equities analysts have recently commented on ZS shares. Loop Capital lowered their price target on Zscaler from $180.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, September 4th. JPMorgan Chase & Co. boosted their target price on Zscaler from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday. Scotiabank reduced their price target on shares of Zscaler from $210.00 to $195.00 and set a “sector outperform” rating on the stock in a research note 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 on the stock in a report on Wednesday, September 4th. Finally, BMO Capital Markets dropped their price objective on shares of Zscaler from $208.00 to $197.00 and set an “outperform” rating for the company in a research note on Wednesday, September 4th. Ten equities 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 MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $221.13.

Zscaler Trading Up 0.9 %

ZS stock opened at $208.51 on Tuesday. The business has a 50-day simple moving average of $190.12 and a two-hundred day simple moving average of $184.80. Zscaler has a 52-week low of $153.45 and a 52-week high of $259.61.

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

Insider Activity

In other Zscaler news, Director Andrew William Fraser Brown sold 8,000 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was 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 directly owns 25,907 shares of the company’s stock, valued at $4,510,408.70. This trade represents a 23.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 1,435 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $181.70, for a total value of $260,739.50. Following the completion of the sale, the insider now owns 105,806 shares in the company, valued at approximately $19,224,950.20. The trade was a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,502 shares of company stock valued at $5,256,651 over the last three months. Corporate insiders own 18.10% of the company’s stock.

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.