Zendesk, Inc. (NYSE:ZEN) went down by -4.30% from its latest closing price when compared to the 1-year high value of $94.89 and move down -27.03%, while ZEN stocks collected -2.85% of loss with the last five trading sessions.
Zendesk, Inc. (NYSE:ZEN) Worth an Investment?
Zendesk, Inc. (NYSE: ZEN) The 36 Months beta value for ZEN stocks is at 1.32, while 19 of the analysts out of 22 who provided ratings for Zendesk, Inc. stocks as a “buy” while 0 as overweight, 3 rated it as hold and 0 as sell. The average price we get from analysts is $103.95 which is $29.46 above current price. ZEN currently has a short float of 5.94% and public float of 109.04M with average trading volume of 1.70M shares.
ZEN Market Performance
ZEN stocks went down by -2.85% for the week, with the monthly drop of -18.42% and a quarterly performance of -13.81%, while its annual performance rate touched 18.87%. The simple moving average for the period of the last 20 days is -12.62% for ZEN stocks with the simple moving average of -1.19% for the last 200 days.
Analysts’ Opinion on Zendesk, Inc. (NYSE:ZEN)
Canaccord Genuity, on the other hand, stated in their research note that they expect to see ZEN stock at the price of $105, previously predicting the value of $100. The rating they have provided for ZEN stocks is “Buy” according to the report published on July 31, 2019.
Goldman gave “Buy” rating to ZEN stocks, setting the target price at $105 in the report published on June 7, 2019.
ZEN Stocks -15.12% Far from 50 Day Moving Average
After a stumble in the market that brought ZEN to its low price for the period of the last 52 weeks, Zendesk, Inc. was unable to take a rebound, for now settling with -21.28% of loss for the given period.
The stock volatility was left at 3.47%, however, within the period of a single month, the volatility rate increased by 3.76%, while the shares sank at the distance of -19.25% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -8.49% lower at the present time.
In the course of the last 5 trading sessions, ZEN went down by -2.85%, which changed the moving average for the period of 200 days to the total of +31.26% of gains for the stock in comparison to the 20-day moving average settled at $84.60. In addition, Zendesk, Inc. saw 27.98% in overturn over the period of a single year with a tendency to cut further gains.
ZEN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Zendesk, Inc. (ZEN), starting from Marooney Caryn, who sold 2,794 shares at the price of $75.60 back on Aug 12. After this action, Rushing now owns 61,938 shares of Zendesk, Inc., valued at $211,226 with the latest closing price.
Geschke John, the CLO and SVP Administration of Zendesk, Inc., sold 5,700 shares at the value of $78.27 during a trade that took place back on Aug 08, which means that Geschke John is holding 21,114 shares at the value of $446,160 based on the most recent closing price.
ZEN Stock Fundamentals
The current profitability levels are settled at -22.40 for the present operating margin and +69.73 for gross margin. The net margin for Zendesk, Inc. stands at -21.89. Total capital return value is set at -22.42, while invested capital returns managed to touch -21.93. Equity return holds the value -40.00%, with -12.70% for asset returns.
Based on Zendesk, Inc. (ZEN), the company’s capital structure generated 109.90 points for debt to equity in total, while total debt to capital is set at the value of 52.36. Total debt to assets is settled at the value of 37.01 with long-term debt to equity ratio rests at 109.55 and long-term debt to capital is 52.19.
The value for Enterprise to Sales is 12.11 with debt to enterprise value settled at 0.07. The receivables turnover for Zendesk, Inc. is 8.41 with the total asset turnover at the value of 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.