Media stories about Zendesk (NYSE:ZEN) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zendesk earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 45.9728246720012 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Zendesk (NYSE:ZEN) opened at $36.49 on Thursday. Zendesk has a 12-month low of $22.69 and a 12-month high of $38.83. The stock has a market capitalization of $3,700.00, a P/E ratio of -33.17 and a beta of 1.83.

Zendesk (NYSE:ZEN) last issued its quarterly earnings data on Wednesday, November 1st. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. Zendesk had a negative return on equity of 36.17% and a negative net margin of 24.55%. The firm had revenue of $112.79 million during the quarter, compared to the consensus estimate of $109.19 million. During the same period in the previous year, the firm posted ($0.04) EPS. The company’s quarterly revenue was up 39.7% compared to the same quarter last year. research analysts forecast that Zendesk will post -1.03 EPS for the current year.

ZEN has been the topic of several research analyst reports. Royal Bank of Canada reissued a “buy” rating and set a $35.00 price target on shares of Zendesk in a research note on Wednesday, October 18th. KeyCorp reissued a “buy” rating and set a $35.00 price target on shares of Zendesk in a research note on Sunday, October 15th. Zacks Investment Research raised Zendesk from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Thursday, October 5th. Canaccord Genuity boosted their price target on Zendesk from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, UBS Group restated a “neutral” rating and set a $38.00 price objective (up from $37.00) on shares of Zendesk in a research report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $34.86.

In other Zendesk news, CFO Elena Gomez sold 13,155 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $35.00, for a total value of $460,425.00. Following the completion of the transaction, the chief financial officer now directly owns 16,858 shares in the company, valued at approximately $590,030. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adrian Mcdermott sold 1,679 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $34.39, for a total value of $57,740.81. Following the completion of the transaction, the insider now owns 80,837 shares of the company’s stock, valued at $2,779,984.43. The disclosure for this sale can be found here. Insiders have sold a total of 165,833 shares of company stock valued at $5,778,410 over the last 90 days. Insiders own 5.30% of the company’s stock.

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About Zendesk

Zendesk, Inc (Zendesk) is a software development company. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

Insider Buying and Selling by Quarter for Zendesk (NYSE:ZEN)

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