Stock Mover of The Day: Zendesk Inc Can’t Be More Risky. Trades Sigfnicicantly Lower

Stock Mover of The Day: Zendesk Inc Can't Be More Risky. Trades Sigfnicicantly Lower

The stock of Zendesk Inc (NYSE:ZEN) is a huge mover today! About 491,218 shares traded hands. Zendesk Inc (NYSE:ZEN) has risen 48.58% since March 8, 2016 and is uptrending. It has outperformed by 39.26% the S&P500.
The move comes after 6 months negative chart setup for the $2.66B company. It was reported on Oct, 11 by Barchart.com. We have $26.72 PT which if reached, will make NYSE:ZEN worth $133.00 million less.

Analysts await Zendesk Inc (NYSE:ZEN) to report earnings on November, 1. They expect $-0.28 EPS, down 33.33% or $0.07 from last year’s $-0.21 per share. After $-0.26 actual EPS reported by Zendesk Inc for the previous quarter, Wall Street now forecasts 7.69% negative EPS growth.

Zendesk Inc (NYSE:ZEN) Ratings Coverage

Out of 12 analysts covering Zendesk (NYSE:ZEN), 11 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 92% are positive. Zendesk has been the topic of 19 analyst reports since August 5, 2015 according to StockzIntelligence Inc. On Tuesday, April 19 the stock rating was maintained by Goldman Sachs with “Buy”. The rating was initiated by Stifel Nicolaus on Tuesday, July 19 with “Hold”. The firm has “Buy” rating given on Thursday, August 6 by Canaccord Genuity. The stock has “Buy” rating given by Summit Research on Monday, March 28. The company was initiated on Tuesday, September 22 by Craig Hallum. Goldman Sachs initiated Zendesk Inc (NYSE:ZEN) on Friday, December 11 with “Buy” rating. The stock of Zendesk Inc (NYSE:ZEN) has “Buy” rating given on Wednesday, November 4 by Rosenblatt. The company was initiated on Thursday, September 10 by William Blair. The stock of Zendesk Inc (NYSE:ZEN) earned “Buy” rating by Rosenblatt on Thursday, August 27. The stock of Zendesk Inc (NYSE:ZEN) has “Overweight” rating given on Wednesday, June 1 by Piper Jaffray.

According to Zacks Investment Research, “Zendesk, Inc. is a software development company. It provides a software-as-a-service, or SaaS, customer service platform. The Company offers applications that allow clients to manage incoming support requests from end customers from any Internet connected computer. It provides customer service through its platform in approximately 40 languages to customers in various industries, such as business technology, telecommunications, education/non-profit, consumer technology, media/entertainment, and retail/ecommerce. Zendesk, Inc. is headquartered in San Francisco, California.”

More notable recent Zendesk Inc (NYSE:ZEN) news were published by: Businesswire.com which released: “Zendesk Opens Office in India to Help Businesses Build Better Customer …” on October 03, 2016, also Fool.com with their article: “Why Shares of Zendesk Inc. Tumbled Today” published on February 05, 2016, Fool.com published: “Why I Bought Shares of Zendesk Inc Stock” on March 01, 2016. More interesting news about Zendesk Inc (NYSE:ZEN) were released by: Fool.com and their article: “Better Buy: Zendesk Inc or Salesforce.com Inc?” published on November 30, 2015 as well as Businesswire.com‘s news article titled: “Zendesk Announces Date of Third Quarter 2016 Financial Results” with publication date: October 11, 2016.

ZEN Company Profile

Zendesk, Inc., incorporated on March 3, 2009, is a software development company. The Firm provides software as a service (SaaS) customer service platform. The Company’s platform consolidates the data from customer interactions and provides organizations with analytics and performance benchmarking. The Firm also provides SaaS live chat software that can be utilized independently to facilitate communications between organizations and their customers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment