Zscaler (NASDAQ:ZS) will be posting its quarterly earnings results after the market closes on Thursday, May 30th. Analysts expect Zscaler to post earnings of ($0.09) per share for the quarter. Zscaler has set its Q3 2019 guidance at $0.01-0.01 EPS and its FY 2019 guidance at $0.11-0.13 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Zscaler (NASDAQ:ZS) last announced its earnings results on Thursday, February 28th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.05. The company had revenue of $74.30 million during the quarter, compared to analyst estimates of $66.20 million. Zscaler had a negative net margin of 11.06% and a negative return on equity of 8.93%. On average, analysts expect Zscaler to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ ZS opened at $75.89 on Thursday. The company has a market cap of $9.45 billion, a P/E ratio of -244.81 and a beta of 1.22. Zscaler has a 12-month low of $24.76 and a 12-month high of $80.38.

In other news, EVP Amit Sinha sold 4,807 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $78.05, for a total value of $375,186.35. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert Schlossman sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $57.50, for a total transaction of $575,000.00. The disclosure for this sale can be found here. Insiders sold 434,994 shares of company stock worth $27,665,893 in the last three months. Insiders own 27.40% of the company’s stock.

Several equities analysts have weighed in on ZS shares. ValuEngine raised shares of Zscaler from a “hold” rating to a “buy” rating in a report on Friday, March 1st. UBS Group lifted their price target on shares of Zscaler from $39.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, March 4th. Deutsche Bank lifted their price target on shares of Zscaler from $44.00 to $57.00 and gave the company a “hold” rating in a report on Friday, March 1st. Credit Suisse Group lifted their price target on shares of Zscaler from $46.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, March 1st. Finally, Bank of America reaffirmed a “neutral” rating and set a $74.00 price target (up previously from $62.00) on shares of Zscaler in a report on Tuesday, April 2nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $57.38.

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About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company's flagship services include Zscaler Internet Access solution that connect users to externally managed applications, including software-as-a-service applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to internally managed applications, either hosted internally in data centers, and private or public clouds.

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