Zendesk, Inc. (ZEN) Reaches $50.10 High on Apr, 17; Constellium N.V. Ordinary Shares (CSTM) Sellers Increased By 8.36% Their Shorts

April 17, 2018 - By Dolores Ford

Constellium N.V. (NYSE:CSTM) Logo

The stock of Zendesk, Inc. (NYSE:ZEN) reached all time high today, Apr, 17 and still has $51.60 target or 3.00% above today’s $50.10 share price. This indicates more upside for the $5.22 billion company. This technical setup was reported by Barchart.com. If the $51.60 PT is reached, the company will be worth $156.69 million more. The stock increased 3.00% or $1.46 during the last trading session, reaching $50.1. About 317,911 shares traded. Zendesk, Inc. (NYSE:ZEN) has risen 74.58% since April 17, 2017 and is uptrending. It has outperformed by 63.03% the S&P500.

Constellium N.V. Ordinary Shares (NYSE:CSTM) had an increase of 8.36% in short interest. CSTM’s SI was 592,100 shares in April as released by FINRA. Its up 8.36% from 546,400 shares previously. With 1.14 million avg volume, 1 days are for Constellium N.V. Ordinary Shares (NYSE:CSTM)’s short sellers to cover CSTM’s short positions. The SI to Constellium N.V. Ordinary Shares’s float is 0.57%. The stock increased 0.85% or $0.1 during the last trading session, reaching $11.85. About 301,390 shares traded. Constellium N.V. (NYSE:CSTM) has risen 63.85% since April 17, 2017 and is uptrending. It has outperformed by 52.30% the S&P500.

Analysts await Zendesk, Inc. (NYSE:ZEN) to report earnings on May, 1 after the close. They expect $-0.29 EPS, down 11.54% or $0.03 from last year’s $-0.26 per share. After $-0.24 actual EPS reported by Zendesk, Inc. for the previous quarter, Wall Street now forecasts 20.83% negative EPS growth.

Among 21 analysts covering Zendesk (NYSE:ZEN), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Zendesk had 57 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Sunday, October 8 by RBC Capital Markets. Goldman Sachs initiated the shares of ZEN in report on Friday, December 11 with “Buy” rating. The firm has “Buy” rating by Guggenheim given on Wednesday, January 10. The company was maintained on Thursday, October 12 by KeyBanc Capital Markets. As per Thursday, August 6, the company rating was maintained by Canaccord Genuity. Wells Fargo initiated Zendesk, Inc. (NYSE:ZEN) on Wednesday, January 11 with “Outperform” rating. The stock has “Buy” rating by Guggenheim on Thursday, April 13. The firm earned “Outperform” rating on Friday, September 11 by RBC Capital Markets. The company was initiated on Tuesday, July 19 by Stifel Nicolaus. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, August 24 report.

Zendesk, Inc., a software development company, provides software-as-a-service products for organizations. The company has market cap of $5.22 billion. The Company’s flagship product includes Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. It currently has negative earnings. The firm also offers Zendesk Chat, a live chat software to connect with clients on Websites, in applications, and on mobile devices; Zendesk Talk, a cloud call center software; Zendesk Help Center, a self-service destination with articles, interactive forums, and community; Zendesk Message, a customer messaging software; Zendesk Explore that makes customer data accessible across an organization; and Zendesk Connect, a customer intelligence software.

Among 13 analysts covering Constellium NV (NYSE:CSTM), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Constellium NV had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Wednesday, February 28. Seaport Global maintained the shares of CSTM in report on Friday, February 23 with “Hold” rating. The rating was maintained by Sterne Agee CRT with “Buy” on Friday, October 2. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, October 27 report. The stock of Constellium N.V. (NYSE:CSTM) earned “Buy” rating by Cowen & Co on Tuesday, February 6. The stock has “Market Perform” rating by BMO Capital Markets on Friday, July 28. The firm has “Hold” rating by Cowen & Co given on Thursday, July 27. Cowen & Co initiated Constellium N.V. (NYSE:CSTM) on Monday, September 21 with “Market Perform” rating. The firm earned “Outperform” rating on Monday, November 27 by Cowen & Co. The rating was upgraded by Morgan Stanley on Thursday, November 16 to “Overweight”.

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company has market cap of $1.59 billion. The firm operates in three divisions: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. It currently has negative earnings. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including can stock and closure stock for the beverage and food industry, and foil stock for the flexible packaging market.

Constellium N.V. (NYSE:CSTM) Ratings Chart

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