BTIG Maintains Buy on Zscaler, Raises Price Target to $253
BTIG analyst Gray Powell maintains Zscaler (NASDAQ:ZS) with a Buy and raises the price target from $240 to $253.
JMP Securities Maintains Market Outperform on Zscaler, Raises Price Target to $240
JMP Securities analyst Erik Suppiger maintains Zscaler (NASDAQ: ZS) with a Market Outperform and raises the price target from $200 to $240.JMP Securities analyst Erik Suppiger maintains Zscaler (NASDAQ:ZS) with a Market Outperform and raises the price ta
Mizuho Maintains Buy on Zscaler, Raises Price Target to $225
Mizuho analyst Gregg Moskowitz maintains Zscaler (NASDAQ: ZS) with a Buy and raises the price target from $215 to $225.Mizuho analyst Gregg Moskowitz maintains Zscaler (NASDAQ:ZS) with a Buy and raises the price target from $215 to $225.
Looking Into Zscaler’s Return On Capital Employed
During Q3, Zscaler (NASDAQ:ZS) brought in sales totaling $176.40 million. However, earnings decreased 18.64%, resulting in a loss of $43.85 million. Zscaler collected $157.04 million in revenue during Q2, but reported earnings showed a $53.90 million loss.
60 Biggest Movers From Yesterday
Gainers
Lizhi Inc. (NASDAQ: LIZI) shares surged 57.6% to close at $6.84 on Wednesday.
Zscaler: Q3 Earnings Insights
Shares of Zscaler (NASDAQ:ZS) rose in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 114.29% year over year to $0.15, which beat the estimate of $0.07.
Earnings Scheduled For May 25, 2021
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is likely to report quarterly earnings at $1.40 per share on revenue of $1.10 billion.