NYSE:SAILSailpoint Technologies Stock Price, Forecast & News

Sailpoint Technologies' stock was trading at $19.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SAIL stock has increased by 49.0% and is now trading at $28.63. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sailpoint Technologies in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sailpoint Technologies.

Sailpoint Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Sailpoint Technologies.

Sailpoint Technologies Holdings Inc (NYSE:SAIL) posted its quarterly earnings results on Thursday, May, 7th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.07. The business earned $75.44 million during the quarter, compared to analyst estimates of $69.18 million. Sailpoint Technologies had a negative net margin of 2.81% and a positive return on equity of 1.87%. The firm's quarterly revenue was up 24.5% on a year-over-year basis. View Sailpoint Technologies' earnings history.

12 equities research analysts have issued twelve-month price objectives for Sailpoint Technologies' shares. Their forecasts range from $19.50 to $32.00. On average, they anticipate Sailpoint Technologies' stock price to reach $26.41 in the next year. This suggests that the stock has a possible downside of 7.8%. View analysts' price targets for Sailpoint Technologies.

News stories about SAIL stock have been trending negative recently, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sailpoint Technologies earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Sailpoint Technologies.

Sailpoint Technologies saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 7,600,000 shares, a decline of 5.5% from the June 15th total of 8,040,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the days-to-cover ratio is currently 5.6 days. Currently, 8.7% of the company's stock are sold short. View Sailpoint Technologies' Current Options Chain.

Some companies that are related to Sailpoint Technologies include Guidewire Software (GWRE), Dropbox (DBX), Fastly (FSLY), PTC (PTC), Trend Micro (TMICY), Elastic (ESTC), Paylocity (PCTY), Nuance Communications (NUAN), Anaplan (PLAN), RealPage (RP), Bill.com (BILL), Smartsheet (SMAR), Manhattan Associates (MANH), SolarWinds (SWI) and AppFolio (APPF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sailpoint Technologies investors own include Trade Desk (TTD), NVIDIA (NVDA), Okta (OKTA), Mastercard (MA), AT&T (T), Alibaba Group (BABA), Paypal (PYPL), Walt Disney (DIS), AbbVie (ABBV) and Costco Wholesale (COST).

(SAIL) raised $200 million in an IPO on Friday, November 17th 2017. The company issued 20,000,000 shares at $9.00-$11.00 per share. Morgan Stanley, Citigroup, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and KeyBanc Capital Markets, Canaccord Genuity and Oppenheimer were co-managers.

Sailpoint Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAIL."

Sailpoint Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.02%). Company insiders that own Sailpoint Technologies stock include Howard R Greenfield, James Cameron Mcmartin, James Michael Pflaging, Juliette Rizkallah, Mark D Mcclain, Thoma Bravo, Llc, Thomas Arthur Beck and William G Bock. View institutional ownership trends for Sailpoint Technologies.

SAIL stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity for Sailpoint Technologies.

Shares of SAIL 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.

One share of SAIL stock can currently be purchased for approximately $28.63.

Sailpoint Technologies has a market capitalization of $2.58 billion and generates $288.52 million in revenue each year. The company earns $-8,500,000.00 in net income (profit) each year or $0.04 on an earnings per share basis. Sailpoint Technologies employs 1,168 workers across the globe.

The official website for Sailpoint Technologies is www.sailpoint.com.

Sailpoint Technologies' mailing address is 11305 FOUR POINTS DRIVE BLDG. 2 SUITE 100, AUSTIN TX, 78726. The company can be reached via phone at 512-346-2000 or via email at [email protected]