Zscaler Inc (ticker: ZS) is one of the fastest-growing Cloud Security as a Service companies based out of California, USA. It provides cloud information security services to 500 of the Forbes Global 2000 companies.
Zscaler went public in 2018 by raising $220.8 million and gained more than 100% in value on its first day of trading on NASDAQ. For context, ZS started the day at $16 and ended at $33.
ZS is trading at $180.02 as of 07-04-2021. It is one of the 3000+ US stocks that you can invest in using Cube Wealth. In this story, we’ll walk you through the stock’s fundamentals, performance, pros, and cons.
The Fundamentals Of Zscaler Stock (ZS)
1. Stock Name: Zscaler, Inc. (ZS)
2. Share Price: $180.02*
3. Market Cap: $24.472 Billion
4. Beta: 0.80
5. 52 Week Low: $61.88
6. 52 Week High: $230.88
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Benefits Of Zscaler Stock (ZS)
1. Zscaler’s Q2 FY2021 revenue rocketed to $157.0 million, up by 55% year over year.
2. Zscaler hit a company record of servicing over 5000 customers for the first time in its history.
3. ZS provides Security as a Service through the cloud for 500 of the Forbes Global 2000 companies.
4. Billings growth increased to $232.0 million which is a 71% year over year rise.
5. Zscaler’s revenue has grown by more than 200% over the past 3 years.
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Cons Of Zscaler Stock (ZS)
1. Zscaler’s main competitors are Broadcom and Cisco who are both bigger in terms of market cap and market penetration.
2. ZS currently has a negative EPS of -1.45*.
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