Zscaler FY2025 EPS Estimate Decreased by Cantor Fitzgerald

Zscaler, Inc. (NASDAQ:ZS) – Cantor Fitzgerald decreased their FY2025 EPS estimates for shares of Zscaler in a report issued on Thursday, March 6th. Cantor Fitzgerald analyst J. Ruykhaver now expects that the company will post earnings of ($0.02) per share for the year, down from their prior estimate of $0.06. Cantor Fitzgerald currently has a “Hold” rating on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share.

A number of other research analysts have also recently commented on ZS. Needham & Company LLC restated a “buy” rating and issued a $240.00 target price on shares of Zscaler in a research note on Wednesday. Royal Bank of Canada increased their price objective on Zscaler from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday. Canaccord Genuity Group boosted their target price on shares of Zscaler from $220.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $240.00 target price (down from $270.00) on shares of Zscaler in a research report on Tuesday, December 3rd. Finally, Guggenheim reissued a “neutral” rating on shares of Zscaler in a research report on Tuesday, December 3rd. Eight research analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. Based on data from MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $234.29.

Zscaler Price Performance

Shares of ZS opened at $208.76 on Monday. The company has a 50-day simple moving average of $196.78 and a two-hundred day simple moving average of $191.64. The firm has a market capitalization of $32.03 billion, a PE ratio of -835.04 and a beta of 0.88. Zscaler has a one year low of $153.45 and a one year high of $217.84.

Hedge Funds Weigh In On Zscaler

A number of institutional investors have recently bought and sold shares of the stock. Corebridge Financial Inc. raised its stake in Zscaler by 0.5% during the 4th quarter. Corebridge Financial Inc. now owns 11,695 shares of the company’s stock worth $2,110,000 after acquiring an additional 54 shares during the period. Erste Asset Management GmbH raised its position in shares of Zscaler by 0.6% during the 4th quarter. Erste Asset Management GmbH now owns 9,780 shares of the company’s stock valued at $1,805,000 after purchasing an additional 56 shares during the period. KRS Capital Management LLC raised its position in shares of Zscaler by 1.9% during the 4th quarter. KRS Capital Management LLC now owns 3,261 shares of the company’s stock valued at $588,000 after purchasing an additional 60 shares during the period. Ironwood Investment Management LLC lifted its stake in shares of Zscaler by 1.0% during the 4th quarter. Ironwood Investment Management LLC now owns 6,249 shares of the company’s stock valued at $1,127,000 after buying an additional 64 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Zscaler by 16.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 482 shares of the company’s stock worth $88,000 after buying an additional 69 shares during the period. 46.45% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Remo Canessa sold 3,703 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total value of $741,784.96. Following the transaction, the chief financial officer now owns 220,635 shares in the company, valued at $44,197,603.20. This represents a 1.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Syam Nair sold 3,682 shares of the business’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 $737,578.24. Following the sale, the insider now owns 142,866 shares of the company’s stock, valued at $28,618,917.12. This trade represents a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,248 shares of company stock valued at $2,052,879. Company 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.