NYSE:PINGPing Identity Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ping Identity Holding Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $32.98 +0.49 (+1.51 %) (As of 07/6/2020 03:33 PM ET) Add Compare Share Today's Range$32.75Now: $32.98▼$33.9450-Day Range$23.95MA: $29.42▼$34.0952-Week Range$12.02Now: $32.98▼$35.35Volume18,441 shsAverage Volume1.04 million shsMarket Capitalization$2.64 billionP/E Ratio89.14Dividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Ping Identity Holding Corp., doing business as Ping Identity Corporation, provides intelligent identity solutions in the United States and internationally. It operates an Intelligent Identity platform, which offers secure access to any service, application, or application programming interface (API) to customers, employees, partners, and the Internet of Things. The company's platform includes six solutions, which comprise secure single sign-on, adaptive multi-factor authentication, security control for applications and APIs, personalized and unified profile directories, data governance to control access to identity data, and artificial intelligence and machine learning powered API security. It also provides professional and customer support services. The company sells its solutions via a subscription model through a direct sales force. Its customers include the companies in Fortune 100, principal banks in the United States, bio-pharmaceutical companies, healthcare plans, and retailers. The company was formerly known as Roaring Fork Holding, Inc. and changed its name to Ping Identity Holding Corp. in August 2019. Ping Identity Holding Corp. was incorporated in 2016 and is headquartered in Denver, Colorado.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingPing Identity has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.19, Ping Identity has a potential downside of 17.6% from its current price of $32.98.Amount of Analyst CoveragePing Identity has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.3 Community Rank Outperform VotesPing Identity has received 84 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPing Identity has received 44 “underperform” votes. (Add your “underperform” vote.)Community SentimentPing Identity has received 65.63% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ping Identity and other stocks. Vote “Outperform” if you believe PING will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PING will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldPing Identity does not currently pay a dividend.Dividend GrowthPing Identity does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ping Identity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $38,239,983.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of Ping Identity is held by insiders.Percentage Held by Institutions98.64% of the stock of Ping Identity is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ping Identity are expected to grow by 233.33% in the coming year, from $0.06 to $0.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ping Identity is 89.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Ping Identity is 89.14, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 43.33.Price to Earnings Growth RatioPing Identity has a PEG Ratio of 50.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPing Identity has a P/B Ratio of 3.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.72 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:PING Previous Symbol CUSIPN/A CIKN/A Webwww.pingidentity.com Phone303-468-2900Debt Debt-to-Equity Ratio0.21 Current Ratio4.86 Quick Ratio4.86Price-To-Earnings Trailing P/E Ratio89.14 Forward P/E Ratio549.67 P/E Growth50.54 Sales & Book Value Annual Sales$242.90 million Price / Sales10.87 Cash Flow$0.84 per share Price / Cash Flow39.05 Book Value$8.92 per share Price / Book3.70Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares80,070,000Market Cap$2.64 billion Next Earnings Date8/5/2020 (Estimated) OptionableNot Optionable PING Rates by TradingView Receive PING News and Ratings via Email Sign-up to receive the latest news and ratings for PING and its competitors with MarketBeat's FREE daily newsletter. Ping Identity (NYSE:PING) Frequently Asked Questions How has Ping Identity's stock been impacted by COVID-19 (Coronavirus)? Ping Identity's stock was trading at $18.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PING stock has increased by 77.6% and is now trading at $32.98. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ping Identity? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ping Identity in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ping Identity. When is Ping Identity's next earnings date? Ping Identity is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Ping Identity. How were Ping Identity's earnings last quarter? Ping Identity Holding Corp (NYSE:PING) posted its quarterly earnings data on Wednesday, May, 6th. The company reported $0.06 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.03. The business had revenue of $61.40 million for the quarter, compared to the consensus estimate of $60.32 million. The business's revenue was up 21.8% on a year-over-year basis. View Ping Identity's earnings history. What guidance has Ping Identity issued on next quarter's earnings? Ping Identity updated its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $49-53 million, compared to the consensus revenue estimate of $62.5 million. What price target have analysts set for PING? 17 analysts have issued twelve-month price objectives for Ping Identity's stock. Their forecasts range from $21.00 to $35.00. On average, they expect Ping Identity's share price to reach $27.19 in the next twelve months. This suggests that the stock has a possible downside of 17.6%. View analysts' price targets for Ping Identity. Has Ping Identity been receiving favorable news coverage? Media coverage about PING stock has been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Ping Identity earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Ping Identity. Are investors shorting Ping Identity? Ping Identity saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,070,000 shares, an increase of 22.3% from the June 15th total of 2,510,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is currently 2.6 days. Approximately 12.2% of the company's stock are sold short. View Ping Identity's Current Options Chain. Who are some of Ping Identity's key competitors? Some companies that are related to Ping Identity include UBISOFT ENTMT S/ADR (UBSFY), Guidewire Software (GWRE), PTC (PTC), Dropbox (DBX), Fastly (FSLY), Elastic (ESTC), Paylocity (PCTY), Trend Micro (TMICY), Nuance Communications (NUAN), Anaplan (PLAN), Bill.com (BILL), Smartsheet (SMAR), RealPage (RP), Manhattan Associates (MANH) and AppFolio (APPF). View all competitors. What other stocks do shareholders of Ping Identity own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ping Identity investors own include Alibaba Group (BABA), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), NVIDIA (NVDA), Honeywell International (HON), AT&T (T), Visa (V), CVS Health (CVS) and Micron Technology (MU). When did Ping Identity IPO? (PING) raised $188 million in an initial public offering on Thursday, September 19th 2019. The company issued 12,500,000 shares at $14.00-$16.00 per share. Goldman Sachs, BofA Merrill Lynch, RBC Capital Markets and Citigroup served as the underwriters for the IPO and Barclays, Credit Suisse, Deutsche Bank Securities, Wells Fargo Securities, Raymond James, Stifel, William Blair, Mizuho Securities and Oppenheimer were co-managers. What is Ping Identity's stock symbol? Ping Identity trades on the New York Stock Exchange (NYSE) under the ticker symbol "PING." How do I buy shares of Ping Identity? Shares of PING 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 Ping Identity's stock price today? One share of PING stock can currently be purchased for approximately $32.98. How big of a company is Ping Identity? Ping Identity has a market capitalization of $2.64 billion and generates $242.90 million in revenue each year. The company earns $-1,500,000.00 in net income (profit) each year or $0.37 on an earnings per share basis. What is Ping Identity's official website? The official website for Ping Identity is www.pingidentity.com. How can I contact Ping Identity? Ping Identity's mailing address is 1001 17TH STREET SUITE 100, DENVER CO, 80202. The company can be reached via phone at 303-468-2900 or via email at [email protected] This page was last updated on 7/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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