Is There a Dimmer Outlook Ahead for Zendesk, Inc.?

Zendesk, Inc. (NYSE:ZEN) went up by 2.40% from its latest closing price compared to the recent 1-year high of $107.79. The company’s stock price has collected -1.46% of loss in the last five trading sessions. Press Release reported on 08/27/20 that Zendesk to Present at Upcoming Investor Conferences

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Is It Worth Investing in Zendesk, Inc. (NYSE :ZEN) Right Now?

Zendesk, Inc. (NYSE:ZEN) scored a price-to-earnings ratio above its average ratio, recording 10.73 x from its present earnings ratio. Plus, the 36-month beta value for ZEN is at 1.29. Opinions of the stock are interesting as 16 analysts out of 22 who provided ratings for Zendesk, Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $109.97, which is $13.16 above the current price. ZEN currently public float of 113.66M and currently shorts hold a 8.96% ratio of that float. Today, the average trading volume of ZEN was 2.00M shares.

ZEN’s Market Performance

ZEN stocks went down by -1.46% for the week, with a monthly jump of 10.11% and a quarterly performance of 20.68%, while its annual performance rate touched 31.79%. The volatility ratio for the week stands at 3.83% while the volatility levels for the past 30 days are set at 3.54% for Zendesk, Inc.. The simple moving average for the period of the last 20 days is 3.65% for ZEN stocks with a simple moving average of 19.35% for the last 200 days.

Analysts’ Opinion of ZEN

Many brokerage firms have already submitted their reports for ZEN stocks, with Piper Sandler repeating the rating for ZEN by listing it as a “Overweight.” The predicted price for ZEN in the upcoming period, according to Piper Sandler is $123 based on the research report published on September 1st of the current year 2020.

Citigroup, on the other hand, stated in their research note that they expect to see ZEN reach a price target of $100. The rating they have provided for ZEN stocks is “Neutral” according to the report published on July 16th, 2020.

Piper Sandler gave a rating of “ Neutral” to ZEN, setting the target price at $76 in the report published on May 1st of the current year.

ZEN Trading at 4.88% from the 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, the company was unable to rebound, for now settling with -10.19% of loss for the given period.

Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares surge +10.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.41% upper at present.

During the last 5 trading sessions, ZEN fell by -1.46%, which changed the moving average for the period of 200-days by +22.19% in comparison to the 20-day moving average, which settled at $93.85. In addition, Zendesk, Inc. saw 26.33% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZEN starting from Johnson InaMarie, who sold 6,096 shares at the price of $105.00 back on Sep 02. After this action, Johnson InaMarie now owns 14,950 shares of Zendesk, Inc., valued at $640,080 using the latest closing price.

Geschke John, the CLO and Chief of Staff of Zendesk, Inc., sold 5,500 shares at $103.62 during a trade that took place back on Sep 02, which means that Geschke John is holding 29,719 shares at $569,910 based on the most recent closing price.

Stock Fundamentals for ZEN

Current profitability levels for the company are sitting at:

  • -19.17 for the present operating margin
  • +71.40 for the gross margin

The net margin for Zendesk, Inc. stands at -20.84. The total capital return value is set at -16.24, while invested capital returns managed to touch -17.87. Equity return is now at value -40.50, with -11.00 for asset returns.

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Based on Zendesk, Inc. (ZEN), the company’s capital structure generated 128.55 points at debt to equity in total, while total debt to capital is 56.25. Total debt to assets is 38.87, with long-term debt to equity ratio resting at -5.84. Finally, the long-term debt to capital ratio is 123.79.

When we switch over and look at the enterprise to sales, we see a ratio of 10.54, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 7.64 and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.

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