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ZSCALER INC

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ZS trade ideas

Zscaler - Strong Financials!!!-Zscaler ZS shares gained 8.3% during Tuesday’s extended trading session after the cloud-based security solutions reported better-than-expected fiscal third-quarter results and raised outlook for fiscal 2021. -Zscaler’s fiscal third-quarter adjusted earnings jumped more than two-fold to 15 cents per share from the 7 cents reported in the year-ago period. Moreover, quarterly earnings beat the Zacks Consensus Estimate of 7 cents per share. -Revenues of $176.4 million jumped 60% year over year on rise in adoption of the company’s cloud platform security solutions by global enterprises. The figure surpassed the consensus mark of $164.4 million. -Americas accounted for 51% of revenues, while the EMEA contributed 38%. The remaining 11% came in from the Asia Pacific and Japan. -Calculated billings surged 71% year over year to $225 million during the reported quarter. -Zscaler’s quarterly results benefited from continued solid demand for its products, given the healthy environment of the global security market. -Zscaler continued to win customers and its net dollar retention rate was outstanding at 126% compared with the previous quarter’s 127% and the year-ago quarter’s 119%. -Zscaler continued to win customers and its net dollar retention rate was outstanding at 126% compared with the previous quarter’s 127% and the year-ago quarter’s 119%. -In the reported quarter, non-GAAP gross margin expanded 100 basis points (bps) year over year to 81%. Sequentially, non-GAAP gross margin remained flat. The company noted that gross margin remained under pressure during the second half of fiscal 2021 due to the increased use of public cloud to meet the ten time surge in ZPA traffic as pandemic lockdowns began. -Non-GAAP research & development (R&D), sales & marketing (S&M) and general & administrative (G&A) expenses flared up 55%, 56% and 33% to $25.9 million, $80.9 million and $12.9 million, respectively. -Total non-GAAP operating expenses shot up 53% to $119.7 million year over year. However, as a percentage of revenues, operating expenses shrunk 300 bps to 68% mainly due to lower T&E, partially offset by increased hiring and M&A expenses. -As a result of higher gross margin and lower operating expenses as a percentage of sales, non-GAAP operating margin improved 400 bps to 13%. Non-GAAP operating income was $22.9 million in the fiscal third quarter compared with the year-ago quarter’s $9.7 million.
NASDAQ:ZSLong
by caldooninvestment
16
ZS Catching SupportAlert triggered today. One of my fav's on my watchlists. I'm seeing some support at this 190 level with a new local high and weakening volume on this small pullback. Has the upgrades to back up a move to $220-$240, near term. Sitting on plenty of cash and RSI in the bullzone for a decent amount of time. Pitfalls: -As I'm sure we're all aware, inflationary concerns has shown a rotation of smart money from growth-tech to quality stocks. -Earnings appear to be late next month. -Ugly candle printed today. Pullback could go deeper if market conditions continue. May be best to buy the break of the 4/13 high, or $200, if you're more risk adverse.
NASDAQ:ZSLong
by NetWorthFocused
ZS - Ripe to accumulateZS tested a horizontal resistence turned support @ 163 yesterday, closing a bullish pin bar. Incidentally a bullish divergence between Price and RSI became apparent this morning as it opened with a gap up. Time to accmulate. However initial stop loss is currently at 160 (just below yesterday's pin bar low), hence position size accordingly to cater for this wide move. Protective trailing stops is always a good practice. However it needs to be wide enough to cater for some volatily so as not to be stopped out pre-maturedly. (money mangagement is important and really an entire subject by itself, guys). Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NASDAQ:ZSLong
by Juliac
Demo of using "Trend Following Trigger" SystemThis is to demo the "Trend Following Trigger", a basic trend following system that using 5, 13, 34 EMAs cross-overs as triggers. The 5,13 EMA pair is tracking the short-term momentum, when 5 EMA crosses over 13 EMA up or down, the script will develop a bullish "fast pivot" point or "FP", which can be used as the first entry of a position. The 13, 34 EMA pair is tracking the mid-term trend, when the 13 EMA crosses over 34 EMA up or down, the script will develop a bullish "slow pivot" point or "SP", which can be used as the second entry of a position. And the exit would be when a bearish "Slow Pivot" is created. Note that the basic assumption of trend following is that you should trade with the trend, not against the trend. Thus I added the 50, 60 MA pair, as well as 200, 220 MA pair for long-term trend reference, which is an idea that I learned from the Vegas Tunneling Trading System.
NASDAQ:ZSLong
by Riverhorse
Demo of using "Trend Following Trigger"This is to demo the "Trend Following Trigger", a basic trend following system that using 5, 13, 34 EMAs cross-overs as triggers. The 5,13 EMA pair is tracking the short-term momentum , when 5 EMA crosses over 13 EMA up or down, the script will develop a bullish "fast pivot" point or "FP" , which can be used as the first entry of a position. The 13, 34 EMA pair is tracking the mid-term trend , when the 13 EMA crosses over 34 EMA up or down, the script will develop a bullish "slow pivot" point or "SP" , which can be used as the second entry of a position. And the exit would be when a bearish "Slow Pivot" is created. Note that the basic assumption of trend following is that you should trade with the trend, not against the trend. Thus I added the 50, 60 MA pair, as well as 200, 220 MA pair for long-term trend reference, which is an idea that I learned from the Vegas Tunneling Trading System.
NASDAQ:ZSLong
by Riverhorse
ZS - Bull Pennant (Long) opportunityZS consolidated for 3 months below a resistence @ 163 before finally breaking up strongly on 3rd December, propelling it into all-time-all (ATH). This is significant as ATH stocks tend to trend for some time, having no prior "resistences" to suppress it's upward momentum. It has been consolidating in a bull pennant for the past 2 weeks and is looking like it could be breaking out of this pennant in another week or so. Long with initial stop a few ticks below 172 (the low of this bull pennant). Should it break, manage the trade with trailing stops. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NASDAQ:ZSLong
by Juliac