Zscaler's Average Brokerage Recommendation Is 1.44, but Zacks Rank Says Hold

Analyst
โดย Zacks Investment Research·Read original
Summary · why it matters

Zscaler currently has an average brokerage recommendation of 1.44, based on 45 analyst ratings, with 34 Strong Buys and two Buys. However, the Zacks Rank assigns the stock a Hold rating, citing an unchanged consensus earnings estimate of $4.13 for the current year. Brokerage recommendations often carry a positive bias due to firms' vested interests, while the Zacks Rank focuses on earnings estimate revisions, which research shows correlate with near-term price movements. Investors are advised to be cautious about relying solely on the buy-equivalent ABR.

Impact on stocks 2

Cybersecurity & Digital Trust · 2 stocks
ZSCALER INC. DL-,001
0ZC
± MixedCapitalrelevance

Same as Zscaler Inc; the article covers the same analyst and Zacks data for the same entity.

Zscaler Inc
ZS
± MixedCapitalrelevance

Article discusses analyst ratings and Zacks Rank, but the mixed signals (strong buy vs hold) make the net impact unclear.