Zendesk Inc. (NYSE:ZEN) went down by -3.64% from its latest closing price compared to the recent 1-year high of $154.24. The company’s stock price has collected 6.82% of gains in the last five trading sessions. Press Release reported on 01/07/21 that Zendesk Announces Date of Fourth Quarter 2020 Financial Results
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Is It Worth Investing in Zendesk Inc. (NYSE :ZEN) Right Now?
Plus, the 36-month beta value for ZEN is at 1.31. Opinions of the stock are interesting as 17 analysts out of 22 who provided ratings for Zendesk Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $139.29, which is -$11.72 below the current price. ZEN currently public float of 114.93M and currently shorts hold a 6.65% ratio of that float. Today, the average trading volume of ZEN was 1.40M shares.
ZEN’s Market Performance
ZEN stocks went up by 6.82% for the week, with a monthly jump of 5.77% and a quarterly performance of 29.91%, while its annual performance rate touched 76.75%. The volatility ratio for the week stands at 3.94% while the volatility levels for the past 30 days are set at 3.17% for Zendesk Inc.. The simple moving average for the period of the last 20 days is 3.66% for ZEN stocks with a simple moving average of 47.74% for the last 200 days.
Analysts’ Opinion of ZEN
Many brokerage firms have already submitted their reports for ZEN stocks, with Stifel repeating the rating for ZEN by listing it as a “Buy.” The predicted price for ZEN in the upcoming period, according to Stifel is $145 based on the research report published on October 30th of the previous year 2020.
Piper Sandler, on the other hand, stated in their research note that they expect to see ZEN reach a price target of $123, previously predicting the price at $87. The rating they have provided for ZEN stocks is “Overweight” according to the report published on September 01st, 2020.
Citigroup gave a rating of “Neutral” to ZEN, setting the target price at $100 in the report published on July 16th of the previous year.
ZEN Trading at 10.39% 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 -4.62% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 3.94%, as shares surge +7.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.60% upper at present.
During the last 5 trading sessions, ZEN rose by +6.82%, which changed the moving average for the period of 200-days by +125.08% in comparison to the 20-day moving average, which settled at $142.40. In addition, Zendesk Inc. saw 2.79% 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 Gennaro Norman, who sale 1,000 shares at the price of $147.94 back on Jan 11. After this action, Gennaro Norman now owns 24,583 shares of Zendesk Inc., valued at $147,940 using the latest closing price.
Johnson InaMarie, the Chief People & Diversity Off. of Zendesk Inc., sale 1,561 shares at $147.94 during a trade that took place back on Jan 11, which means that Johnson InaMarie is holding 18,420 shares at $230,934 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 -42.20, with -10.50 for asset returns.
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 123.79. Finally, the long-term debt to capital ratio is 54.16.
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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.
