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Zscaler, Inc. Stock Research

ZS

108.13USD+0.46(+0.43%)Market Closed

Market Summary

USD108.13+0.46
Market Closed
0.43%

ZS Alerts

ZS Stock Price

ZS RSI Chart

ZS Valuation

Market Cap

15.7B

Price/Earnings (Trailing)

-48.32

Price/Sales (Trailing)

11.64

EV/EBITDA

-55.05

Price/Free Cashflow

51.34

ZS Price/Sales (Trailing)

ZS Profitability

Operating Margin

77.99%

EBT Margin

-23.31%

Return on Equity

-61.41%

Return on Assets

-10.68%

Free Cashflow Yield

1.95%

ZS Fundamentals

ZS Revenue

Revenue (TTM)

1.3B

Revenue Y/Y

51.66%

Revenue Q/Q

9.01%

ZS Earnings

Earnings (TTM)

-324.7M

Earnings Y/Y

42.79%

Earnings Q/Q

15.71%

Price Action

52 Week Range

99.64253.74
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-19.6%

Last 90 days

-8.1%

Trailing 12 Months

-45.2%

ZS Financial Health

Current Ratio

2.01

Debt/Equity

2.16

Debt/Cashflow

0.35

ZS Investor Care

Shares Dilution (1Y)

2.85%

Diluted EPS (TTM)

-2.29

Peers (Alternatives to Zscaler)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
228.6B
46.1B
-7.20% 4.35%
25.98
4.96
11.29% -14.28%
186.7B
31.4B
6.91% -6.75%
897.78
5.96
19.41% -85.60%
163.2B
17.6B
-11.04% -20.88%
34.32
9.27
11.54% -1.37%
20.9B
4.4B
-7.13% -28.23%
201.15
4.75
7.15% -92.46%
12.1B
-
-3.12% 49.09%
44.35
17.39
- -
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.9B
767.1M
-2.98% 9.04%
69.2
11.63
15.59% 16.73%
6.5B
869.9M
3.14% -9.62%
-33
7.53
13.87% -103.37%
3.1B
468.0M
2.00% -15.48%
-20.53
6.62
26.74% -70.26%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
1.2B
383.7M
4.07% -32.35%
-9.91
3.24
14.43% -50.89%
1.2B
399.9M
30.95% 57.36%
-14.32
2.91
4.73% 8.15%
152.1M
317.3M
-43.48% -70.17%
-2.22
0.48
5.06% -17.52%

Financials for Zscaler

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue10.9%1,3481,2161,091970860
Gross Profit10.8%1,051949849751665
Operating Expenses6.6%1,3551,2711,1761,063935
  S&GA Expenses7.5%871810735657581
  R&D Expenses5.5%315299289267232
EBITDA10.1%-282-314-327-312-
EBITDA Margin18.9%-0.21*-0.26*-0.30*-0.32*-
Earnings Before Taxes12.4%-314-358-383-368-323
EBT Margin21.0%-0.23*-0.30*-0.35*-0.38*-
Interest Expenses-28.8%31.0044.0057.0056.0055.00
Net Income11.7%-324-367-390-373-330
Net Income Margin20.3%-0.24*-0.30*-0.36*-0.39*-
Free Cahsflow13.6%306269253202-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets7.2%3,0402,8362,8332,5252,422
  Current Assets8.2%2,4162,2332,2572,0471,989
    Cash Equivalents15.9%1,2571,0851,013595410
  Net PPE9.3%200183161142121
  Goodwill0.1%79.0079.0079.0060.001.00
Liabilities4.4%2,5112,4042,2591,9931,883
  Current Liabilities8.3%1,2041,1111,134913836
  Long Term Debt17.6%1,140969955941-
Shareholder's Equity22.6%529431573532539
  Retained Earnings-6.0%-1,013-956-991-894-792
  Additional Paid-In Capital8.6%1,5471,4251,5911,4501,341
Accumulated Depreciation10.8%13211910896.00-
Shares Outstanding0.6%145144143142141
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations11.5%398357322264260
  Share Based Compensation2.5%436425410375329
Cashflow From Investing29.7%41031637418614.00
Cashflow From Financing-3.0%39.0040.0041.0039.0040.00

Risks for ZS

What is the probability of a big loss on ZS?

96.9%


Probability that Zscaler stock will be more than 20% underwater in next one year

52.7%


Probability that Zscaler stock will be more than 30% underwater in next one year.

39.6%


Probability that Zscaler stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ZS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Zscaler was unfortunately bought at previous high price.

Drawdowns

Returns for ZS

Cumulative Returns on ZS

26.7%


5-Year Cumulative Returns

37.0%


3-Year Cumulative Returns

What are the long-term rolling returns for ZS?

FIve years rolling returns for Zscaler.

Annualized Returns

Which funds bought or sold ZS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
3.36
-200,208
474,792
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
2.01
-4,147,760
9,427,240
0.01%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
8.31
-993,997
2,790,000
0.17%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-64.37
-692,000
220,000
-%
2023-03-06
Rockefeller Capital Management L.P.
new
-
2,000
2,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
101
3,869
12,869
0.01%
2023-02-28
Mezzasalma Advisors, LLC
reduced
-13.93
-918,722
1,300,280
1.13%
2023-02-28
Voya Investment Management LLC
reduced
-2.25
-695,711,000
322,139,000
0.46%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-54.91
-24,348,900
10,784,100
0.02%
2023-02-24
National Pension Service
reduced
-99.98
-23,186,100
2,798
-%

1–10 of 44

Latest Funds Activity

Are funds buying ZS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ZS
No. of Funds

Zscaler News

Morningstar

It's not the 'Twilight Zone,' Silicon Valley Bank turned Big Tech into ....

Morningstar,
117 minutes ago

The Motley Fool

Is SentinelOne Stock a Buy Now?.

The Motley Fool,
15 hours ago

Investing.com

The Motley Fool

Why Zscaler Stock Slumped on Wednesday.

The Motley Fool,
4 days ago

Investing.com UK

Yahoo Canada Finance

Top Cybersecurity Stocks for March 2023.

Yahoo Canada Finance,
5 days ago

Schedule 13G FIlings of Zscaler

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
mangal ajay
20.42%
29,449,532
SC 13G/A
Feb 14, 2023
chaudhry jagtar singh
18.64%
26,885,465
SC 13G/A
Feb 09, 2023
vanguard group inc
5.67%
8,183,936
SC 13G/A
Feb 16, 2022
chaudhry jagtar singh
19.24%
26,950,354
SC 13G/A
Feb 16, 2022
mangal ajay
21.02%
29,449,532
SC 13G/A
Feb 09, 2022
blackrock inc.
4.9%
6,889,700
SC 13G/A
Feb 07, 2022
blackrock inc.
5.0%
7,036,751
SC 13G
Feb 12, 2021
chaudhry jagtar singh
20.0%
26,838,047
SC 13G/A
Feb 12, 2021
mangal ajay
22.17%
29,749,532
SC 13G/A
Feb 10, 2021
vanguard group inc
5.07%
6,806,813
SC 13G

ZS Fair Value

Zscaler fair value in different scenarios

The table shows the Fair Value estimates for Zscaler for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.13

-98.03%

4.44

-95.89%

12.66

-88.29%

27.32

-74.73%

56.72

-47.54%
Current Inflation

1.95

-98.20%

4.00

-96.30%

11.12

-89.72%

23.60

-78.17%

48.53

-55.12%
Very High Inflation

1.73

-98.40%

3.47

-96.79%

9.30

-91.40%

19.30

-82.15%

39.13

-63.81%

Historical Zscaler Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Zscaler

View All Filings
Date Filed Form Type Document
Mar 08, 2023
10-Q
Quarterly Report
Mar 02, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Jan 19, 2023
8-K
Current Report
Jan 17, 2023
4
Insider Trading
Jan 17, 2023
4
Insider Trading
Jan 17, 2023
4
Insider Trading
Jan 17, 2023
4
Insider Trading

Latest Insider Trading transactions for ZS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-13
Giancarlo Charles H
acquired
-
-
1,681
-
2023-01-13
Naughton Eileen
acquired
-
-
1,681
-
2023-01-13
Schneider David
acquired
-
-
1,681
-
2023-01-13
BLASING KAREN
acquired
-
-
1,681
-
2023-01-13
Brown Andrew William Fraser
acquired
-
-
1,681
-
2023-01-13
Sinha Amit
acquired
-
-
1,681
-
2023-01-13
Darling Scott C
acquired
-
-
1,681
-
2022-12-23
Brown Andrew William Fraser
bought
543,900
108
5,000
-
2022-12-16
CANESSA REMO
sold
-716,674
114
-6,279
chief financial officer
2022-12-16
Schlossman Robert
sold
-579,937
114
-5,081
chief legal officer

1–10 of 50

Jagtar S. Chaudhry
3150
Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device 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 offers 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 provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It 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.

ZS Income Statement

2023-01-31
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Income Statement [Abstract]    
Revenue$ 387,598$ 255,563$ 743,146$ 486,080
Cost of revenue87,60457,783164,301109,952
Gross profit299,994197,780578,845376,128
Operating expenses:    
Sales and marketing235,945175,073464,781328,859
Research and development85,76569,195160,711134,411
General and administrative43,52237,44487,67871,161
Total operating expenses365,232281,712713,170534,431
Loss from operations(65,238)(83,932)(134,325)(158,303)
Interest income12,66955720,5341,030
Interest expense(1,333)(14,040)(2,664)(27,875)
Other income (expense), net141(844)(722)(1,433)
Loss before income taxes(53,761)(98,259)(117,177)(186,581)
Provision for income taxes3,6922,1618,4384,640
Net loss$ (57,453)$ (100,420)$ (125,615)$ (191,221)
Net loss per share, basic (in dollars per share)$ (0.40)$ (0.71)$ (0.87)$ (1.37)
Net loss per share, diluted (in dollars per share)$ (0.40)$ (0.71)$ (0.87)$ (1.37)
Weighted-average shares used in computing net loss per share, basic (in shares)144,511140,515144,001139,901
Weighted-average shares used in computing net loss per share, diluted (in shares)144,511140,515144,001139,901

ZS Balance Sheet

2023-01-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,257,012$ 1,013,210
Short-term investments648,332718,129
Accounts receivable, net358,614399,745
Deferred contract acquisition costs96,10586,210
Prepaid expenses and other current assets56,04639,353
Total current assets2,416,1092,256,647
Property and equipment, net200,468160,633
Operating lease right-of-use assets69,84872,357
Deferred contract acquisition costs, noncurrent219,046210,792
Acquired intangible assets, net26,71631,819
Goodwill78,54778,547
Other noncurrent assets29,22221,870
Total assets3,039,9562,832,665
Current liabilities:  
Accounts payable33,63226,154
Accrued expenses and other current liabilities43,54746,496
Accrued compensation97,293111,948
Deferred revenue1,000,359923,749
Operating lease liabilities29,17326,100
Total current liabilities1,204,0041,134,447
Convertible senior notes, net1,140,516968,674
Deferred revenue, noncurrent111,52197,374
Operating lease liabilities, noncurrent46,23350,948
Other noncurrent liabilities9,0257,922
Total liabilities2,511,2992,259,365
Commitments and contingencies (Note 9)
Stockholders’ Equity  
Common stock; $0.001 par value; 1,000,000 shares authorized as of January 31, 2023 and July 31, 2022; 145,087 and 143,038 shares issued and outstanding as of January 31, 2023 and July 31, 2022, respectively145143
Additional paid-in capital1,547,2031,590,885
Accumulated other comprehensive loss(5,037)(25,850)
Accumulated deficit(1,013,654)(991,878)
Total stockholders’ equity528,657573,300
Total liabilities and stockholders’ equity$ 3,039,956$ 2,832,665