Zscaler Bull Case
Here are some ways that investors could benefit from investing in Zscaler, Inc.:
- The company reported earnings per share (EPS) of $0.84 for the latest quarter, exceeding analysts' expectations, which indicates strong financial performance and potential for growth.
- Revenue for the quarter reached approximately $678 million, reflecting a year-over-year increase of 22.6%, showcasing the company's ability to grow its business significantly.
- The current stock price is around $250, which may present a favorable entry point for investors looking to capitalize on the company's growth trajectory.
- Zscaler, Inc. operates in the cloud security sector, a rapidly growing industry, which positions the company well for future demand as businesses increasingly move to cloud-based solutions.
- Insider ownership is notable, with corporate insiders holding about 18.10% of the stock, suggesting that those with intimate knowledge of the company have confidence in its future prospects.