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Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Average 126% gains – NO losers!?   (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
NYSE:PING

Ping Identity - PING Stock Forecast, Price & News

$28.17
+0.01 (+0.04%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.07
$28.20
50-Day Range
$16.48
$28.17
52-Week Range
$15.85
$30.40
Volume
1.00 million shs
Average Volume
3.34 million shs
Market Capitalization
$2.42 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.82

Ping Identity MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
2.3% Upside
$28.82 Price Target
Short Interest
Bearish
12.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of Ping Identity in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$2.79 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.99) to ($0.72) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.65 out of 5 stars

Computer And Technology Sector

581st out of 665 stocks

Prepackaged Software Industry

203rd out of 230 stocks

PING stock logo

About Ping Identity (NYSE:PING) Stock

Ping Identity Holding Corp., doing business as Ping Identity Corporation, offers intelligent identity solutions for the enterprise in the United States and internationally. Its Ping Intelligent Identity platform provides access to cloud, mobile, Software-as-a-Service, and on-premise applications with customers, workforce, and partners. The company's platform offers secure single sign-on; multi-factor authentication; access security; directory solution; dynamic authorization; risk management; identity verification; API intelligence; orchestration; and fraud detection. It also provides professional and customer support services. The company sells its solutions through a direct sales force. Its customers include enterprises in Fortune 100, U.S. banks, healthcare companies, aerospace companies, auto manufacturers, and North American 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.

Ping Identity Price Performance

Shares of NYSE:PING opened at $28.17 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.01 and a quick ratio of 3.01. Ping Identity has a twelve month low of $15.85 and a twelve month high of $30.40. The firm has a 50-day moving average of $20.01 and a two-hundred day moving average of $21.59.

Ping Identity (NYSE:PING - Get Rating) last announced its earnings results on Wednesday, August 3rd. The company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.21). Ping Identity had a negative net margin of 34.24% and a negative return on equity of 9.91%. The business had revenue of $72.00 million during the quarter, compared to analyst estimates of $73.30 million. During the same quarter last year, the business posted ($0.04) earnings per share. The business's quarterly revenue was down 8.7% compared to the same quarter last year. As a group, research analysts expect that Ping Identity will post -0.99 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. DA Davidson downgraded Ping Identity from a "buy" rating to a "neutral" rating in a research report on Wednesday, August 3rd. Royal Bank of Canada reduced their price objective on shares of Ping Identity from $33.00 to $25.00 and set an "outperform" rating for the company in a research note on Monday, August 1st. Wells Fargo & Company downgraded shares of Ping Identity to an "equal weight" rating in a report on Tuesday. KeyCorp cut shares of Ping Identity to a "sector weight" rating in a research report on Tuesday. Finally, Mizuho increased their price target on Ping Identity from $25.00 to $28.50 and gave the company a "neutral" rating in a report on Thursday, August 4th. Twelve equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $28.82.

Insider Buying and Selling

In other Ping Identity news, CEO Andre Wong Durand sold 100,000 shares of the company's stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $27.87, for a total value of $2,787,000.00. Following the transaction, the chief executive officer now directly owns 502,416 shares of the company's stock, valued at approximately $14,002,333.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.89% of the stock is owned by insiders.

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PING Stock News Headlines

Ping Identity (NYSE:PING) Downgraded by KeyCorp to Sector Weight
Ping Identity (NYSE:PING) PT Raised to $28.00
Stephens Lowers Ping Identity (NYSE:PING) to Equal Weight
Ping Identity (NYSE:PING) Stock Rating Lowered by BTIG Research
Ping Identity (NYSE:PING) Price Target Raised to $28.50
Ping Identity (NYSE:PING) Lowered to "Neutral" at BTIG Research
Ping Identity (NYSE:PING) Earns "Downgrade" Rating from KeyCorp
Ping Identity (NYSE:PING) Rating Reiterated by Stifel Nicolaus
Thoma Bravo to Acquire Ping Identity for $2.8bn
Ping Identity Surges After Thoma Bravo Bid Announced
See More Headlines
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PING Company Calendar

Last Earnings
8/03/2022
Today
8/14/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,247
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.82
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
15 Analysts

Profitability

Net Income
$-64,390,000.00
Pretax Margin
-38.01%

Debt

Sales & Book Value

Annual Sales
$299.45 million
Cash Flow
$0.26 per share
Book Value
$8.16 per share

Miscellaneous

Free Float
83,442,000
Market Cap
$2.42 billion
Optionable
Not Optionable
Beta
0.95

Key Executives

  • Mr. Andre Wong Durand (Age 52)
    Founder, CEO & Director
    Comp: $1.06M
  • Mr. Raj M. Dani (Age 52)
    CFO, Principal Financial Officer & Principal Accounting Officer
    Comp: $729.62k
  • Mr. Bryan Kristian Nagel (Age 55)
    Advisor
    Comp: $829.99k
  • Mr. John Cannava
    Sr. VP & Chief Information Officer
  • Ms. Shalini Sharma (Age 50)
    Chief Legal Officer & Sec.
  • Mr. Kevin Sellers
    Chief Marketing Officer
  • Mr. Aaron LaPoint
    Chief HR Officer
  • Mr. Patrick Harding
    Chief Product Architect
  • Ms. Candace Worley
    Chief Product Officer
  • Mr. Jason Wolf
    Chief Revenue Officer













PING Stock - Frequently Asked Questions

Should I buy or sell Ping Identity stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ping Identity in the last year. There are currently 12 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PING shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PING, but not buy additional shares or sell existing shares.
View PING analyst ratings
or view top-rated stocks.

What is Ping Identity's stock price forecast for 2022?

15 equities research analysts have issued 1 year price objectives for Ping Identity's stock. Their PING share price forecasts range from $19.00 to $44.00. On average, they expect the company's share price to reach $28.82 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for PING
or view top-rated stocks among Wall Street analysts.

How have PING shares performed in 2022?

Ping Identity's stock was trading at $22.88 on January 1st, 2022. Since then, PING stock has increased by 23.1% and is now trading at $28.17.
View the best growth stocks for 2022 here
.

When is Ping Identity's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our PING earnings forecast
.

How were Ping Identity's earnings last quarter?

Ping Identity Holding Corp. (NYSE:PING) released its quarterly earnings results on Wednesday, August, 3rd. The company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by $0.21. The business earned $72 million during the quarter, compared to analyst estimates of $73.30 million. Ping Identity had a negative net margin of 34.24% and a negative trailing twelve-month return on equity of 9.91%. The company's revenue for the quarter was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.04) earnings per share.

What is Andre Durand's approval rating as Ping Identity's CEO?

171 employees have rated Ping Identity Chief Executive Officer Andre Durand on Glassdoor.com. Andre Durand has an approval rating of 92% among the company's employees. This puts Andre Durand in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 NVIDIA (NVDA), Alibaba Group (BABA), Cisco Systems (CSCO), CrowdStrike (CRWD), Walt Disney (DIS), Block (SQ), DocuSign (DOCU), Home Depot (HD), QUALCOMM (QCOM) and Splunk (SPLK).

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 a price of $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."

Who are Ping Identity's major shareholders?

Ping Identity's stock is owned by many different retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (1.46%), JPMorgan Chase & Co. (1.08%), Stephens Investment Management Group LLC (0.94%), Emerald Advisers LLC (0.92%), Handelsbanken Fonder AB (0.81%) and Northern Trust Corp (0.78%). Insiders that own company stock include Adriana Zenia Carpenter, Andre Wong Durand, Bryan Kristian Nagel, Lauren Adrienne Romer, Raj M Dani, Vep Group, Llc and Vista Equity Partners Fund Vi,.
View institutional ownership trends
.

How do I buy shares of Ping Identity?

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

What is Ping Identity's stock price today?

One share of PING stock can currently be purchased for approximately $28.17.

How much money does Ping Identity make?

Ping Identity (NYSE:PING) has a market capitalization of $2.42 billion and generates $299.45 million in revenue each year. The company earns $-64,390,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis.

How many employees does Ping Identity have?

The company employs 1,247 workers across the globe.

How can I contact Ping Identity?

Ping Identity's mailing address is 1001 17TH STREET SUITE 100, DENVER CO, 80202. The official website for the company is www.pingidentity.com. The company can be reached via phone at 303-468-2900 or via email at investor@pingidentity.com.

This page (NYSE:PING) was last updated on 8/14/2022 by MarketBeat.com Staff

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