NASDAQ:SVMKSVMK Stock Price, Forecast & News

$20.15

+0.56 (+2.86 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$19.52

Now: $20.15▼

$20.27

50-Day Range

$12.79

MA: $16.59▼

$20.07

52-Week Range

$9.35

Now: $20.15▼

$22.27

Volume2.17 million shs

Average Volume1.25 million shs

Market Capitalization$2.78 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.44

SVMK Inc. provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories. The company offers SurveyMonkey CX, a net promoter score solution that transforms customer feedback into actionable insights; TechValidate, a marketing content automation solution; and SurveyMonkey Engage, an employee-focused solution, which measures employee experiences within an organization. It also provides SurveyMonkey Audience, a market research solution that enables organizations to easily gain real-time actionable data from targeted panelists; SurveyMonkey Apply, an application management solution that is primarily used by educational institutions and non-profits seeking to allocate scholarships and grants; and Wufoo, an easy-to-use form builder that helps users create Web and mobile forms, collect file uploads, and receive online payments. The company was formerly known as SurveyMonkey Inc. and changed its name to SVMK Inc. in March 2013. The company was founded in 1999 and is headquartered in San Mateo, California.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
SVMK has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.57, SVMK has a potential upside of 17.0% from its current price of $20.15.
Amount of Analyst Coverage
SVMK has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
SVMK has received 146 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SVMK has received 176 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SVMK has received 54.66% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SVMK and other stocks. Vote “Outperform” if you believe SVMK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SVMK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SVMK does not currently pay a dividend.
Dividend Growth
SVMK does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SVMK insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,365,684.00 in company stock.
Percentage Held by Insiders
Only 26.30% of the stock of SVMK is held by insiders.
Percentage Held by Institutions
74.75% of the stock of SVMK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for SVMK are expected to grow in the coming year, from ($0.63) to ($0.51) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SVMK is -33.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SVMK is -33.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SVMK has a P/B Ratio of 9.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:SVMK

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.surveymonkey.com

Phone650-543-8400

Debt

Debt-to-Equity Ratio0.95

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$307.42 million

Price / Sales9.05

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.23 per share

Price / Book9.04

Profitability

EPS (Most Recent Fiscal Year)($0.56)

Net Income$-73,860,000.00

Net Margins-24.56%

Return on Equity-26.88%

Return on Assets-10.17%

Miscellaneous

Employees1,220

Outstanding Shares138,070,000

Market Cap$2.78 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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SVMK (NASDAQ:SVMK) Frequently Asked Questions

How has SVMK's stock been impacted by COVID-19 (Coronavirus)?

SVMK's stock was trading at $14.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SVMK shares have increased by 36.9% and is now trading at $20.15. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SVMK?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SVMK in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SVMK.

When is SVMK's next earnings date?

SVMK is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for SVMK.

How were SVMK's earnings last quarter?

SVMK Inc (NASDAQ:SVMK) announced its earnings results on Thursday, May, 7th. The company reported ($0.03) EPS for the quarter, beating the Zacks' consensus estimate of ($0.17) by $0.14. The company earned $88.30 million during the quarter, compared to the consensus estimate of $85.50 million. SVMK had a negative net margin of 24.56% and a negative return on equity of 26.88%. The firm's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period last year, the firm posted ($0.02) EPS. View SVMK's earnings history.

What guidance has SVMK issued on next quarter's earnings?

SVMK updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $87-90 million, compared to the consensus revenue estimate of $91.9 million.

What price target have analysts set for SVMK?

7 Wall Street analysts have issued twelve-month price targets for SVMK's shares. Their forecasts range from $21.00 to $25.00. On average, they expect SVMK's share price to reach $23.57 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for SVMK.

What are Wall Street analysts saying about SVMK stock?

Here are some recent quotes from research analysts about SVMK stock:

1. According to Zacks Investment Research, "SVMK Inc. develops survey software. The Company offers a platform which enables organizations to collect and analyze feedback and insights which solves business problems, enhances customer experience and loyalty, improves employee productivity, retention, optimization and marketing investments. SVMK Inc. is based in San Mateo, United States. " (3/12/2020)
2. SunTrust Banks, Inc. analysts commented, "We expect in-line results from SVMK when the company reports its fourth quarter as a public company on Thur. 8/1 AMC. We believe the top line will benefit from accelerating Y/Y growth in paying users, driven primarily by strong execution in Enterprise/Teams, while the lapping of packages/price increase (as well as the monetization of free users) is likely to cause a sequential slowdown in ARPU. We believe management will reiterate guidance, which calls for accelerating growth in 2H19 (+20% at the midpoint). We maintain a positive stance on the stock, a Buy rating and $22 PT. 2Q19 Results. We expect $72.7M (+17.1% Y/Y) in revs and ($2.1M), or -2.9% margin, in non-GAAP Operating Income, in-line with consensus estimates of $72.7M/($2.1M). We note that management guided to $72-73M in revs and -4% to -2% in Non-GAAP Operating margin." (7/30/2019)

Has SVMK been receiving favorable news coverage?

News coverage about SVMK stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SVMK earned a daily sentiment score of 2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutSVMK.

Are investors shorting SVMK?

SVMK saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,410,000 shares, a decline of 15.0% from the April 30th total of 4,010,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 2.3 days. Currently, 2.9% of the shares of the stock are short sold. View SVMK's Current Options Chain.

Who are some of SVMK's key competitors?

Some companies that are related to SVMK include Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), Weibo (WB), GDS (GDS), InterXion (INXN), Livongo Health (LVGO), Switch (SWCH), Medallia (MDLA), HUYA (HUYA), Pluralsight (PS), DouYu International (DOYU), Tripadvisor (TRIP), Sabre (SABR) and Cardlytics (CDLX). View all competitors.

What other stocks do shareholders of SVMK own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SVMK investors own include Autoweb (AUTO), Kratos Defense & Security Solutions (KTOS), Applied Materials (AMAT), NVIDIA (NVDA), KEMET (KEM), AbbVie (ABBV), Advanced Micro Devices (AMD), Alibaba Group (BABA), Bank of America (BAC) and salesforce.com (CRM).

Who are SVMK's key executives?

SVMK's management team includes the following people:

Mr. Alexander J. Lurie, CEO, Interim CFO & Director (Age 45)
Mr. Ryan Finley, Founder & Director (Age 42)
Ms. Lora Danielle Blum, Sr. VP, Gen. Counsel & Sec. (Age 45)
Mr. John S. Schoenstein, Chief Sales Officer (Age 49)
Mr. William L. Veghte, Advisor (Age 52)

When did SVMK IPO?

(SVMK) raised $135 million in an initial public offering (IPO) on Wednesday, September 26th 2018. The company issued 13,500,000 shares at $9.00-$11.00 per share. J.P. Morgan, Allen & Company and BofA Merrill Lynch served as the underwriters for the IPO and Credit Suisse, UBS Investment Bank, Wells Fargo Securities, SunTrust Robinson Humphrey, CODE Advisors, Foros. JMP Securities and LionTree were co-managers.

What is SVMK's stock symbol?

SVMK trades on the NASDAQ under the ticker symbol "SVMK."

Who are SVMK's major shareholders?

SVMK's stock is owned by a number of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (10.83%), Capital International Investors (8.26%), BlackRock Inc. (6.12%), Lord Abbett & CO. LLC (3.15%), Spyglass Capital Management LLC (1.95%) and Clearbridge Investments LLC (1.69%). Company insiders that own SVMK stock include Alexander J Lurie, Benjamin C Spero, Dana L Evan, Deborah Clifford, Dharti Patel, Erika H James, John S Schoenstein, Lora D Blum, Rebecca Cantieri, Ryan Finley, Thomas E Hale, Tiger Global Management Llc and Timothy J Maly. View institutional ownership trends for SVMK.

Which major investors are selling SVMK stock?

SVMK stock was sold by a variety of institutional investors in the last quarter, including Spectrum Equity Management Inc., SALESFORCE.COM Inc., Nuveen Asset Management LLC, Park West Asset Management LLC, Alyeska Investment Group L.P., Two Sigma Investments LP, BlackRock Inc., and Spark Investment Management LLC. Company insiders that have sold SVMK company stock in the last year include Alexander J Lurie, Benjamin C Spero, Dana L Evan, Deborah Clifford, Dharti Patel, Erika H James, John S Schoenstein, Lora D Blum, Rebecca Cantieri, Thomas E Hale, and Tiger Global Management Llc. View insider buying and selling activity for SVMK.

Which major investors are buying SVMK stock?

SVMK stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Capital Research Global Investors, Spyglass Capital Management LLC, Clearbridge Investments LLC, Wellington Management Group LLP, TimesSquare Capital Management LLC, Capital International Investors, and ThornTree Capital Partners LP. View insider buying and selling activity for SVMK.

How do I buy shares of SVMK?

Shares of SVMK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is SVMK's stock price today?

One share of SVMK stock can currently be purchased for approximately $20.15.

How big of a company is SVMK?

SVMK has a market capitalization of $2.78 billion and generates $307.42 million in revenue each year. The company earns $-73,860,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. SVMK employs 1,220 workers across the globe.

What is SVMK's official website?

The official website for SVMK is www.surveymonkey.com.

How can I contact SVMK?

SVMK's mailing address is ONE CURIOSITY WAY, SAN MATEO CA, 94403. The company can be reached via phone at 650-543-8400 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff