ZEN

Zendesk Inc

TMT


Presented:05/15/2019
Price:$86.67
Cap:$9.50B
Current Price:$77.48
Cap:$8.69B

Presented

Date05/15/2019
Price$86.67
Market Cap$9.50B
Ent Value$9.25B
P/E RatioN/A
Book Value$3.83
Div Yield0%
Shares O/S109.57M
Ave Daily Vol1,700,047
Short Int5.10%

Current

Price$77.48
Market Cap$8.69B
Zendesk, Inc. engages in the provision of customer service platform which enables companies to provide customer support. Its products and services include support; guide; chat; talk; message; inbox team email; explore; connect plus outbound; integrations and apps; embeddables; insights and analytics; and products update. Its also features ticketing system; community forums; help desk software; IT help desk; security; and tech specs. The company was founded by Mikkel Asger Svane, Morten Primdahl and Alexander Aghassipour in 2007 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Adobe (ADBE), Microsoft Corporation (MSFT), Salesforce.com, Inc. (CRM), Zendesk Inc. (ZEN),

Highlights

The presenter is short shares of ZEN, despite the customer service software company’s recent success with the Zendesk Suite product. He believes that the company is losing the Suite tailwind and may miss its guidance in 2019. The stock currently trades at ~$90, but the presenter expects it to fall ~20% to ~$70 (7.5x on 2020 sales).

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Idea Discussion

Commentor 1 - 2 weeks ago

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