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1 Comment
Zscaler, Inc is currently in a long term uptrend where the price is trading 23.4% above its 200 day moving average.
From a valuation standpoint, the stock is 78.1% more expensive than other stocks from the Technology sector with a price to sales ratio of 45.0.
Zscaler, Inc's total revenue rose by 55.1% to $157M since the same quarter in the previous year.
Its net income has dropped by 131.7% to $-68M since the same quarter in the previous year.
Finally, its free cash flow grew by 1034.9% to $18M since the same quarter in the previous year.
Based on the above factors, Zscaler, Inc gets an overall score of 3/5.
Sector | Technology |
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Industry | Software - Infrastructure |
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US98980G1022 |
Target Price | 235.7807 |
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Beta | 1.11 |
Market Cap | 31B |
PE Ratio | None |
Dividend Yield | None |
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. It also provides Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy-to-understand digital experience score for each user, application, and location within an enterprise. In addition, the company offers Posture Control solutions comprising cloud applications and workload data security to protect data in public cloud environments; and Cloud Infrastructure Entitlement Management that provides deep granularity into identity and privilege access management. Further, it provides Workload Segmentation solutions that secures application-to-application communications inside public clouds and data centers; and Zero Trust Device Segmentation solutions that offers agentless segmentation for enterprise IT and OT environments, as well as Zero Trust SD-WAN solutions. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. The company serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.
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