How to Buy Zscaler Stock
Zscaler Inc
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.
Zscaler stock last closed at $172.96, down 0.78% from the previous day, and has increased 63.8% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.52 percentage points. Zscaler stock is currently +103.65% from its 52-week low of $84.93, and -33.38% from its 52-week high of $259.61.
There are currently 149.86M shares of ZS outstanding. The market cap of ZS is $25.92B. In the last 24 hours, 1.3M ZS shares were traded.
How to Buy Zscaler Stock
Not sure how to invest in Zscaler stock? Here's how.
- Figure out where to buy Zscaler stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Zscaler stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Analyze Zscaler stock: The Zscaler ticker symbol is ZS. Is Zscaler stock a good investment? Should you buy shares of ZS? How do ZS's underlying business fundamentals look? Do top analysts think Zscaler is a good buy? Why has ZS's stock price moved recently? (Hint: Our stock analysis website can help you figure out if ZS is a good stock to buy).
- Execute your ZS buy order: Decide if you will purchase ZS shares at the current market price or use a limit order to buy ZS shares at a particular price.
- Get the latest scoop on your ZS position: Create a watchlist to the latest updates on your position in Zscaler shares.
Step 1: Figure out where to buy Zscaler stock
You need a brokerage account to access the NASDAQ market and buy ZS shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy ZS today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Analyze Zscaler stock
After you have selected the best place to buy Zscaler stock, it's very important to analyze their stock before you buy, so you actually understand the risk and opportunity.
Zscaler stock quick numbers
ZS Zen Score
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ZS's stock page.
Is ZS stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ZS's fair value.
Using relative valuations measures:
- ZS could be overvalued based on its P/B ratio of 27.03x, relative to Software - Infrastructure industry P/B ratio of 11.81x
You can do additional valuation analysis on ZS's stock here.
ZS Financial Health
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the ZS balance sheet.
- There are more short-term assets than long-term liabilities on the ZS balance sheet.
- ZS's operating cash flow of $647.28M allows it to safely service it's debt of $1.23B.
- ZS profit margin has gone up from -24.1% to -7.3% in the past year.
Failed Health Checks:
- ZS has a relatively high debt to equity ratio of 3.1.
- Total ZS debt is higher than 5 years ago, relative to shareholder equity.
- ZS earnings of -$99.74M is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy ZS stock
Out of 26 sell side analysts who research ZS, the consensus analyst rating on Zscaler is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest ZS Analyst Forecasts
Shrenik Kothari, a top 5% analyst from Baird maintains ZS with a buy rating and raises their ZS price target from $255.00 to $265.00, on Mar 1, 2024.
Trevor Walsh, a top 3% analyst from JMP Securities reiterates ZS with a buy rating and maintains their ZS price target from $270.00 to $270.00, on Mar 1, 2024.
Catharine Trebnick, a top 11% analyst from Rosenblatt maintains ZS with a strong buy rating and raises their ZS price target from $285.00 to $290.00, on Mar 1, 2024.
Saket Kalia, a top 4% analyst from Barclays maintains ZS with a strong buy rating and lowers their ZS price target from $259.00 to $240.00, on Mar 1, 2024.
Keith Bachman, a top 2% analyst from BMO Capital maintains ZS with a buy rating and lowers their ZS price target from $268.00 to $255.00, on Mar 1, 2024.
You can dig deeper into what analysts are saying on the Zscaler stock forecast page.
ZS Technicals
Is ZS Growing Revenue?
Last year, ZS revenue was $1.90B. In the past five year, ZS's revenue has gone up by 50.82% per year. This was faster than the Software - Infrastructure industry average of 16.98%.
You can analyze ZS's earnings and revenue performance here.
Who is buying/selling ZS?
Over the last 12 months, insiders at ZS have sold more shares than they have bought.
Robert Schlossman, Chief Legal Officer of ZS, was the latest ZS insider to sell. They sold $79,649.09 worth of ZS stock on Mar 19, 2024.
Dig into more about who owns ZS shares here.
Can I rely on ZS as an income stream?
No, Zscaler doesn't provide an income stream by paying out dividends.
ZS Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ZS buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and eToro will execute the order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your ZS position
Now that you own some ZS stock, you'll want to keep up with your new company.
Start a watchlist to get alerted to the latest events about your ZS stock.
ZS Feed
How to Buy Stock in Zscaler
To reiterate, here are the 6 steps for buying Zscaler stock:
- Figure out where to buy Zscaler stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Zscaler stock
- Execute your ZS buy order
- Get the latest scoop on your ZS position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Zscaler, add ZS to your watchlist by clicking the button below.
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