NYSE:ZENZendesk Stock Price, Forecast & News

$82.55

-3.49 (-4.06 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$81.25

Now: $82.55▼

$85.55

50-Day Range

$66.66

MA: $76.72▼

$87.56

52-Week Range

$50.23

Now: $82.55▼

$94.89

Volume1.64 million shs

Average Volume2.05 million shs

Market Capitalization$9.43 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.34

Zendesk, Inc., a software development company, provides SaaS products for organizations. Its flagship product is Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. The company also offers Zendesk Chat, a live chat software to connect with customers on Websites, applications, and mobile devices; Zendesk Talk, a cloud-based call center software; Zendesk Guide, a knowledge base that powers customer self-service and support agent productivity; Zendesk Sell, a sales force automation software to enhance productivity, processes, and pipeline visibility for sales teams; Zendesk Connect that manages customer communication across channels; and Zendesk Explore, which provides analytics for businesses to measure and enhance the customer experience. In addition, it provides Zendesk Sunshine, a customer relationship management platform; Zendesk Embeddables, which allow developers to embed support, chat, and guide experiences on the Web and within mobile applications; and Zendesk application platform interfaces and Apps. The company has operations in North America, Latin America, Europe, the Middle East, Africa, Australia, Asia, and South America. Zendesk, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Zendesk has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 16 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $92.58, Zendesk has a potential upside of 12.1% from its current price of $82.55.
Amount of Analyst Coverage
Zendesk has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.6 Community Rank

Outperform Votes
Zendesk has received 848 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Zendesk has received 329 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Zendesk has received 72.05% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Zendesk and other stocks. Vote “Outperform” if you believe ZEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Zendesk does not currently pay a dividend.
Dividend Growth
Zendesk does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zendesk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,229,142.00 in company stock.
Percentage Held by Insiders
Only 4.30% of the stock of Zendesk is held by insiders.
Percentage Held by Institutions
98.95% of the stock of Zendesk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Zendesk are expected to grow in the coming year, from ($0.76) to ($0.63) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zendesk is -54.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zendesk is -54.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zendesk has a P/B Ratio of 20.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.73 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:ZEN

Previous Symbol

CUSIPN/A

CIK1463172

Webwww.zendesk.com

Phone415-418-7506

Debt

Debt-to-Equity Ratio1.28

Current Ratio1.44

Quick Ratio1.44

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$816.42 million

Price / Sales11.55

Cash FlowN/A

Price / Cash FlowN/A

Book Value$4.08 per share

Price / Book20.23

Profitability

EPS (Most Recent Fiscal Year)($1.19)

Net Income$-169,650,000.00

Net Margins-19.23%

Return on Equity-26.62%

Return on Assets-7.99%

Miscellaneous

Employees33,200

Outstanding Shares114,226,000

Market Cap$9.43 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Zendesk (NYSE:ZEN) Frequently Asked Questions

How has Zendesk's stock been impacted by COVID-19 (Coronavirus)?

Zendesk's stock was trading at $65.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ZEN stock has increased by 25.6% and is now trading at $82.55. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Zendesk?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zendesk in the last year. There are currently 4 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zendesk.

When is Zendesk's next earnings date?

Zendesk is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Zendesk.

How were Zendesk's earnings last quarter?

Zendesk Inc (NYSE:ZEN) posted its quarterly earnings results on Thursday, April, 30th. The software maker reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04. The software maker had revenue of $237.50 million for the quarter, compared to the consensus estimate of $236.94 million. Zendesk had a negative net margin of 19.23% and a negative return on equity of 26.62%. The business's revenue for the quarter was up 30.9% on a year-over-year basis. During the same period last year, the business posted $0.04 earnings per share. View Zendesk's earnings history.

What guidance has Zendesk issued on next quarter's earnings?

Zendesk updated its second quarter 2020 After-Hours earnings guidance on Thursday, April, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $237-243 million, compared to the consensus revenue estimate of $246.17 million.

What price target have analysts set for ZEN?

20 brokers have issued 1 year price objectives for Zendesk's stock. Their forecasts range from $75.00 to $110.00. On average, they expect Zendesk's stock price to reach $92.58 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts' price targets for Zendesk.

Has Zendesk been receiving favorable news coverage?

News stories about ZEN stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Zendesk earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutZendesk.

Who are some of Zendesk's key competitors?

Some companies that are related to Zendesk include Verisk Analytics (VRSK), RingCentral (RNG), PagSeguro Digital (PAGS), Bilibili (BILI), StoneCo (STNE), Autohome (ATHM), Zynga (ZNGA), Clarivate Analytics (CCC), Pegasystems (PEGA), Proofpoint (PFPT), Five9 (FIVN), YY (YY), Globant (GLOB), DXC Technology (DXC) and Corelogic (CLGX). View all competitors.

What other stocks do shareholders of Zendesk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zendesk investors own include Square (SQ), NVIDIA (NVDA), Twilio (TWLO), salesforce.com (CRM), Shopify (SHOP), Trade Desk (TTD), Netflix (NFLX), Walt Disney (DIS), Okta (OKTA) and Alibaba Group (BABA).

Who are Zendesk's key executives?

Zendesk's management team includes the following people:

Mr. Mikkel Asger Svane, Founder, Chairman & CEO (Age 48)
Ms. Elena Gomez, Chief Financial Officer (Age 49)
Mr. John T. Keiser, Chief Operating Officer (Age 53)
Mr. Norman Gennaro, Sr. VP of Worldwide Sales
Ms. InaMarie F. Johnson, Chief People Officer (Age 54)

What is Zendesk's stock symbol?

Zendesk trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZEN."

Who are Zendesk's major shareholders?

Zendesk's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (5.44%), Capital World Investors (4.17%), Eagle Asset Management Inc. (1.93%), Wells Fargo & Company MN (1.61%), Echo Street Capital Management LLC (1.24%) and Pictet Asset Management Ltd. (1.10%). Company insiders that own Zendesk stock include Adrian Mcdermott, Carl Bass, Caryn Marooney, Elena Gomez, Elizabeth A Nelson, Hilarie A Koplow, Inamarie Johnson, Jeffrey J Titterton, John Geschke, John T Keiser, L Michelle Wilson, Mikkel Svane, Norman Gennaro and Ying Christina Liu. View institutional ownership trends for Zendesk.

Which major investors are selling Zendesk stock?

ZEN stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Two Sigma Advisers LP, Castle Hook Partners LP, black and white Capital LP, Tudor Investment Corp Et Al, TimesSquare Capital Management LLC, Peregrine Capital Management LLC, and Engineers Gate Manager LP. Company insiders that have sold Zendesk company stock in the last year include Adrian Mcdermott, Carl Bass, Caryn Marooney, Elena Gomez, Inamarie Johnson, Jeffrey J Titterton, John Geschke, John T Keiser, L Michelle Wilson, Mikkel Svane, Norman Gennaro, and Ying Christina Liu. View insider buying and selling activity for Zendesk.

Which major investors are buying Zendesk stock?

ZEN stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Eagle Asset Management Inc., Janus Henderson Group PLC, Pictet Asset Management Ltd., Waddell & Reed Financial Inc., Ardevora Asset Management LLP, Columbus Circle Investors, and Victory Capital Management Inc.. View insider buying and selling activity for Zendesk.

How do I buy shares of Zendesk?

Shares of ZEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Zendesk's stock price today?

One share of ZEN stock can currently be purchased for approximately $82.55.

How big of a company is Zendesk?

Zendesk has a market capitalization of $9.43 billion and generates $816.42 million in revenue each year. The software maker earns $-169,650,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. Zendesk employs 33,200 workers across the globe.

What is Zendesk's official website?

The official website for Zendesk is www.zendesk.com.

How can I contact Zendesk?

Zendesk's mailing address is 1019 Market Street, San Francisco CA, 94103. The software maker can be reached via phone at 415-418-7506 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff