Zendesk Price to Sales vs. Number of Shares Shorted

ZEN
 Stock
  

USD 77.48  0.00  0.00%   

For Zendesk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zendesk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zendesk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zendesk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zendesk over time as well as its relative position and ranking within its peers. Check out Your Current Watchlist.
  
Zendesk Price to Sales Ratio is quite stable at the moment as compared to the past year. The company's current value of Price to Sales Ratio is estimated at 9.11. Sales per Share is expected to rise to 12.08 this year, although the value of Return on Sales will most likely fall to (0.32) . Zendesk Preferred Dividends Income Statement Impact is quite stable at the moment as compared to the past year. The company's current value of Preferred Dividends Income Statement Impact is estimated at 21,244.74. Income Tax Expense is expected to rise to about 964.3 K this year, although the value of Accumulated Other Comprehensive Income will most likely fall to (6.1 M).

Zendesk Revenues

1.44 Billion

Is Zendesk's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zendesk. If investors know Zendesk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zendesk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
9.6 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
(0.0493) 
Return On Equity
(0.69) 
The market value of Zendesk is measured differently than its book value, which is the value of Zendesk that is recorded on the company's balance sheet. Investors also form their own opinion of Zendesk's value that differs from its market value or its book value, called intrinsic value, which is Zendesk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zendesk's market value can be influenced by many factors that don't directly affect Zendesk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zendesk's value and its price as these two are different measures arrived at by different means. Investors typically determine Zendesk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zendesk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Zendesk Number of Shares Shorted vs. Price to Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zendesk's current stock value. Our valuation model uses many indicators to compare Zendesk value to that of its competitors to determine the firm's financial worth.
Zendesk is rated fifth in price to sales category among related companies. It is rated third in number of shares shorted category among related companies making about  1,526,403  of Number of Shares Shorted per Price to Sales. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zendesk by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zendesk's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zendesk's earnings, one of the primary drivers of an investment's value.

Zendesk Number of Shares Shorted vs. Price to Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Zendesk 
P/S 
 = 
MV Per Share 
Revenue Per Share 
6.06 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Zendesk 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
9.25 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Zendesk Number of Shares Shorted Comparison

Zendesk is currently under evaluation in number of shares shorted category among related companies.

Zendesk Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zendesk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zendesk will eventually generate negative long term returns. The profitability progress is the general direction of Zendesk's change in net profit over the period of time. It can combine multiple indicators of Zendesk, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income-6 M-6.1 M
Consolidated Income-119.4 M-128.8 M
Net Income-223.6 M-241.3 M
Net Income Common Stock-119.4 M-128.8 M
Operating Income-166.7 M-179.8 M
Preferred Dividends Income Statement Impact20.7 K21.2 K
Income Tax Expense893.7 K964.3 K
Net Income Per Employee-38.2 K-41.2 K

Zendesk Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Zendesk. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Zendesk position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Zendesk's important profitability drivers and their relationship over time.

Use Zendesk in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zendesk position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zendesk will appreciate offsetting losses from the drop in the long position's value.

Zendesk Pair Trading

Zendesk Pair Trading Analysis

The ability to find closely correlated positions to Zendesk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zendesk when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zendesk - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zendesk to buy it.
The correlation of Zendesk is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zendesk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zendesk moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zendesk can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Zendesk position

In addition to having Zendesk in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 4 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Check out Your Current Watchlist. Note that the Zendesk information on this page should be used as a complementary analysis to other Zendesk's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Zendesk price analysis, check to measure Zendesk's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zendesk is operating at the current time. Most of Zendesk's value examination focuses on studying past and present price action to predict the probability of Zendesk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Zendesk's price. Additionally, you may evaluate how the addition of Zendesk to your portfolios can decrease your overall portfolio volatility.
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To fully project Zendesk's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zendesk at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Zendesk's income statement, its balance sheet, and the statement of cash flows.
Potential Zendesk investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zendesk investors may work on each financial statement separately, they are all related. The changes in Zendesk's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zendesk's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.