NYSE:SEND - SendGrid Stock Price, Price Target & More

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$28.33 -0.68 (-2.34 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$28.33
Today's Range$28.1101 - $29.75
52-Week Range$17.50 - $32.03
Volume1.18 million shs
Average Volume549,428 shs
Market Capitalization$1.25 billion
P/E Ratio-149.11
Dividend YieldN/A
BetaN/A

About SendGrid (NYSE:SEND)

SendGrid logoSendGrid, Inc. operates as a digital communication platform in the United States and internationally. Its cloud-based platform provides various tools to the businesses, including developers and marketers to reach their customers using an email. The company offers services, such as email application programming interface (API), which allow developers to use its API in their preferred development framework and to use its platform to add email functionality to their applications; marketing campaigns that allow marketers to upload and manage customer contact lists, create and test email templates, and execute and analyze email campaigns to engage customers; and expert services to help businesses optimize their email delivery. The company was founded in 2009 and is based in Denver, Colorado.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:SEND
CUSIPN/A
Phone888-985-7363

Debt

Debt-to-Equity Ratio0.06
Current Ratio10.16
Quick Ratio10.16

Price-To-Earnings

Trailing P/E Ratio-149.11
Forward P/E Ratio-283.30
P/E GrowthN/A

Sales & Book Value

Annual Sales$111.89 million
Price / Sales11.21
Cash Flow$0.1914 per share
Price / Cash148.02
Book Value$4.41 per share
Price / Book6.42

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees415
Outstanding Shares44,260,000

SendGrid (NYSE:SEND) Frequently Asked Questions

What is SendGrid's stock symbol?

SendGrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEND."

How were SendGrid's earnings last quarter?

SendGrid Inc (NYSE:SEND) announced its earnings results on Tuesday, May, 1st. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.03. The business had revenue of $32.57 million for the quarter, compared to the consensus estimate of $32.05 million. View SendGrid's Earnings History.

What price target have analysts set for SEND?

7 equities research analysts have issued twelve-month price objectives for SendGrid's stock. Their forecasts range from $27.00 to $32.00. On average, they anticipate SendGrid's share price to reach $31.00 in the next twelve months. View Analyst Ratings for SendGrid.

What are Wall Street analysts saying about SendGrid stock?

Here are some recent quotes from research analysts about SendGrid stock:
  • 1. According to Zacks Investment Research, "SendGrid, Inc. provides digital communication platform which enable businesses to engage with their customers via email reliably, effectively and at scale. SendGrid, Inc. is based in DENVER, United States. " (5/1/2018)
  • 2. KeyCorp analysts commented, "We are increasing our estimates and raising our price target to $32 from $26 based on a compelling multiyear runway to gain share within a large, $11B+ TAM." (2/26/2018)

Who are some of SendGrid's key competitors?

Who are SendGrid's key executives?

SendGrid's management team includes the folowing people:
  • Mr. Sameer Dholakia, Chairman, CEO & Pres (Age 44)
  • Mr. Yancey L. Spruill, CFO, COO & Treasurer (Age 50)
  • Ms. Leandra Fishman Yanagawa, Sr. VP of Sales & Customer Success (Age 46)
  • Ms. Patricia J. Money, Chief People Operations Officer (Age 61)
  • Mr. Isaac Saldana, Co-Founder

When did SendGrid IPO?

(SEND) raised $112 million in an initial public offering on Wednesday, November 15th 2017. The company issued 7,700,000 shares at a price of $13.50-$15.50 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Piper Jaffray and Stifel were co-managers.

When did SendGrid's lock-up period expire?

SendGrid's lock-up period expired on Monday, May 14th. SendGrid had issued 8,200,000 shares in its IPO on November 15th. The total size of the offering was $131,200,000 based on an initial share price of $16.00. Since the expiration of SendGrid's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Has SendGrid been receiving favorable news coverage?

Media headlines about SEND stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SendGrid earned a daily sentiment score of 0.13 on Accern's scale. They also gave press coverage about the company an impact score of 45.81 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are SendGrid's major shareholders?

SendGrid's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.17%), Keenan Capital LLC (0.99%), Massachusetts Financial Services Co. MA (0.99%), Wells Fargo & Company MN (0.96%), Vista Equity Partners Management LLC (0.77%) and Pier Capital LLC (0.56%). Company insiders that own SendGrid stock include Craig Kaes, Group Select Fund LP Foundry and Sameer Dholakia. View Institutional Ownership Trends for SendGrid.

Which institutional investors are selling SendGrid stock?

SEND stock was sold by a variety of institutional investors in the last quarter, including Keenan Capital LLC, Vista Equity Partners Management LLC, Massachusetts Financial Services Co. MA, Principal Financial Group Inc. and Principal Financial Group Inc.. Company insiders that have sold SendGrid company stock in the last year include Craig Kaes, Group Select Fund LP Foundry and Sameer Dholakia. View Insider Buying and Selling for SendGrid.

Which institutional investors are buying SendGrid stock?

SEND stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Pier Capital LLC, Victory Capital Management Inc., Spark Investment Management LLC, Franklin Resources Inc., Millennium Management LLC and EAM Global Investors LLC. View Insider Buying and Selling for SendGrid.

How do I buy shares of SendGrid?

Shares of SEND 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, Scottrade, Fidelity and Charles Schwab.

What is SendGrid's stock price today?

One share of SEND stock can currently be purchased for approximately $28.33.

How big of a company is SendGrid?

SendGrid has a market capitalization of $1.25 billion and generates $111.89 million in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. SendGrid employs 415 workers across the globe.

How can I contact SendGrid?

SendGrid's mailing address is 1801 California Street Suite 500, Denver CO, 80202. The company can be reached via phone at 888-985-7363 or via email at [email protected]


MarketBeat Community Rating for SendGrid (SEND)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about SendGrid and other stocks. Vote "Outperform" if you believe SEND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SEND will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

SendGrid (NYSE:SEND) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
7 Wall Street analysts have issued ratings and price targets for SendGrid in the last 12 months. Their average twelve-month price target is $31.00, suggesting that the stock has a possible upside of 9.42%. The high price target for SEND is $32.00 and the low price target for SEND is $27.00. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.862.862.832.83
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $31.00$31.00$28.25$25.3333
Price Target Upside: 9.42% upside8.85% upside8.15% upside18.60% upside

SendGrid (NYSE:SEND) Consensus Price Target History

Price Target History for SendGrid (NYSE:SEND)

SendGrid (NYSE:SEND) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/2/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$26.00 ➝ $27.00HighView Rating Details
5/2/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$30.00 ➝ $32.00HighView Rating Details
4/25/2018Canaccord GenuityInitiated CoverageBuy ➝ Buy$32.00HighView Rating Details
4/23/2018Piper Jaffray CompaniesReiterated RatingBuy$32.00LowView Rating Details
2/26/2018KeyCorpReiterated RatingOverweight ➝ Overweight$26.00 ➝ $32.00HighView Rating Details
12/11/2017William BlairInitiated CoverageOutperform ➝ OutperformHighView Rating Details
12/11/2017JPMorgan Chase & Co.Initiated CoverageOverweight ➝ OverweightHighView Rating Details
(Data available from 6/17/2016 forward)

Earnings

SendGrid (NYSE:SEND) Earnings History and Estimates Chart

Earnings by Quarter for SendGrid (NYSE:SEND)

SendGrid (NYSE:SEND) Earnings Estimates

2018 EPS Consensus Estimate: $0.07
2019 EPS Consensus Estimate: $0.12
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182$0.00$0.00$0.00
Q2 20182$0.01$0.02$0.02
Q3 20182$0.01$0.02$0.02
Q4 20182$0.03$0.05$0.04
Q1 20191$0.02$0.02$0.02
Q2 20191$0.02$0.02$0.02
Q3 20191$0.03$0.03$0.03
Q4 20191$0.05$0.05$0.05

SendGrid (NYSE SEND) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2018Q1 2018($0.05)($0.02)$32.05 million$32.57 millionViewN/AView Earnings Details
2/26/2018Q4 2017($0.01)$29.45 million$31.73 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

SendGrid (NYSE:SEND) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

SendGrid (NYSE SEND) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 30.20%
Institutional Ownership Percentage: 40.56%
Insider Trading History for SendGrid (NYSE:SEND)
Institutional Ownership by Quarter for SendGrid (NYSE:SEND)

SendGrid (NYSE SEND) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/10/2018Craig KaesSVPSell35,000$22.86$800,100.00View SEC Filing  
4/10/2018Group Select Fund L.P FoundryMajor ShareholderSell2,952,718$22.86$67,499,133.48View SEC Filing  
4/10/2018Sameer DholakiaInsiderSell368,231$22.86$8,417,760.66View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

SendGrid (NYSE SEND) News Headlines

Source:
DateHeadline
 Analysts Expect SendGrid Inc (SEND) Will Announce Earnings of $0.01 Per Share Analysts Expect SendGrid Inc (SEND) Will Announce Earnings of $0.01 Per Share
www.americanbankingnews.com - June 17 at 8:18 AM
SendGrid Ranks in Top 5 for Leadership, Diversity and Inclusion Efforts in 2018 Comparably Workplace AwardsSendGrid Ranks in Top 5 for Leadership, Diversity and Inclusion Efforts in 2018 Comparably Workplace Awards
finance.yahoo.com - June 13 at 9:06 AM
SendGrid Inc (SEND) Given Average Recommendation of "Buy" by BrokeragesSendGrid Inc (SEND) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 4 at 10:48 AM
 Brokerages Anticipate SendGrid Inc (SEND) Will Announce Quarterly Sales of $34.32 Million Brokerages Anticipate SendGrid Inc (SEND) Will Announce Quarterly Sales of $34.32 Million
www.americanbankingnews.com - June 1 at 1:04 AM
SendGrid (SEND) Expected to Announce Earnings of $0.01 Per ShareSendGrid (SEND) Expected to Announce Earnings of $0.01 Per Share
www.americanbankingnews.com - May 30 at 11:24 PM
SendGrid’s 2018 Global Email Benchmark Report Provides Insight into the State of Email TodaySendGrid’s 2018 Global Email Benchmark Report Provides Insight into the State of Email Today
finance.yahoo.com - May 22 at 9:08 AM
SendGrid (SEND) Expected to Post Quarterly Sales of $34.32 MillionSendGrid (SEND) Expected to Post Quarterly Sales of $34.32 Million
www.americanbankingnews.com - May 15 at 1:58 AM
 Analysts Anticipate SendGrid (SEND) Will Post Earnings of $0.01 Per Share Analysts Anticipate SendGrid (SEND) Will Post Earnings of $0.01 Per Share
www.americanbankingnews.com - May 13 at 9:26 PM
Sneak peek: SendGrids glassy new SV office brims with pop culture references, but no phonesSneak peek: SendGrid's glassy new SV office brims with pop culture references, but no phones
www.bizjournals.com - May 10 at 4:48 PM
SendGrid to Present at Upcoming Investor ConferencesSendGrid to Present at Upcoming Investor Conferences
finance.yahoo.com - May 10 at 4:48 PM
SendGrid (SEND) Given Consensus Recommendation of "Buy" by BrokeragesSendGrid (SEND) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 10 at 3:33 PM
Sneak peek: SendGrids glassy new Redwood City office is filled with pop culture references, but no phonesSneak peek: SendGrid's glassy new Redwood City office is filled with pop culture references, but no phones
www.bizjournals.com - May 10 at 9:30 AM
SendGrid Announces the Grand Opening of its New Office in Redwood City, CaliforniaSendGrid Announces the Grand Opening of its New Office in Redwood City, California
finance.yahoo.com - May 9 at 9:20 AM
SendGrids Lock-Up Period Set To End  on May 14th (NYSE:SEND)SendGrid's Lock-Up Period Set To End on May 14th (NYSE:SEND)
www.americanbankingnews.com - May 7 at 1:16 AM
Critical Comparison: Ansys (ANSS) and SendGrid (SEND)Critical Comparison: Ansys (ANSS) and SendGrid (SEND)
www.americanbankingnews.com - May 3 at 6:12 PM
Stifel Nicolaus Boosts SendGrid (SEND) Price Target to $32.00Stifel Nicolaus Boosts SendGrid (SEND) Price Target to $32.00
www.americanbankingnews.com - May 2 at 11:49 AM
Morgan Stanley Raises SendGrid (SEND) Price Target to $27.00Morgan Stanley Raises SendGrid (SEND) Price Target to $27.00
www.americanbankingnews.com - May 2 at 11:02 AM
SendGrids (SEND) CEO Sameer Dholakia on Q1 2018 Results - Earnings Call TranscriptSendGrid's (SEND) CEO Sameer Dholakia on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 2 at 9:13 AM
SendGrid: Deceleration A Red FlagSendGrid: Deceleration A Red Flag
seekingalpha.com - May 2 at 9:13 AM
SendGrid Earnings Beat, Raises Year OutlookSendGrid Earnings Beat, Raises Year Outlook
finance.yahoo.com - May 2 at 9:13 AM
SendGrid (SEND) Short Interest UpdateSendGrid (SEND) Short Interest Update
www.americanbankingnews.com - May 2 at 3:14 AM
SendGrid Announces First Quarter 2018 Results and Updates OutlookSendGrid Announces First Quarter 2018 Results and Updates Outlook
finance.yahoo.com - May 1 at 4:32 PM
SendGrid (SEND) Cut to Sell at Zacks Investment ResearchSendGrid (SEND) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 1 at 10:02 AM
SendGrid (SEND) Expected to Post Quarterly Sales of $32.05 MillionSendGrid (SEND) Expected to Post Quarterly Sales of $32.05 Million
www.americanbankingnews.com - April 28 at 3:57 AM
Zacks: Brokerages Expect SendGrid (SEND) Will Announce Earnings of -$0.01 Per ShareZacks: Brokerages Expect SendGrid (SEND) Will Announce Earnings of -$0.01 Per Share
www.americanbankingnews.com - April 26 at 9:16 AM
Emails Not Dead: Canaccord Buys SendGrid For Obvious Cash Flow PotentialEmail's Not Dead: Canaccord Buys SendGrid For 'Obvious' Cash Flow Potential
www.msn.com - April 25 at 4:45 PM
SendGrid (SEND) Receives New Coverage from Analysts at Canaccord GenuitySendGrid (SEND) Receives New Coverage from Analysts at Canaccord Genuity
www.americanbankingnews.com - April 25 at 10:48 AM
SendGrid (SEND) Scheduled to Post Earnings on TuesdaySendGrid (SEND) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - April 24 at 8:10 PM
SendGrid (SEND) Earns Buy Rating from Piper JaffraySendGrid (SEND) Earns Buy Rating from Piper Jaffray
www.americanbankingnews.com - April 23 at 8:12 AM
SendGrid (SEND) Given Average Rating of "Buy" by BrokeragesSendGrid (SEND) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 15 at 9:57 AM
Shopify Inc (US) (SHOP) & SendGrid (SEND) Financial SurveyShopify Inc (US) (SHOP) & SendGrid (SEND) Financial Survey
www.americanbankingnews.com - April 13 at 5:21 PM
Insider Selling: SendGrid (SEND) Major Shareholder Sells 2,952,718 Shares of StockInsider Selling: SendGrid (SEND) Major Shareholder Sells 2,952,718 Shares of Stock
www.americanbankingnews.com - April 11 at 7:11 PM
SendGrid to Announce Q1 2018 Financial Results on May 1SendGrid to Announce Q1 2018 Financial Results on May 1
finance.yahoo.com - April 11 at 4:37 PM
SendGrid (SEND) Expected to Announce Quarterly Sales of $32.04 MillionSendGrid (SEND) Expected to Announce Quarterly Sales of $32.04 Million
www.americanbankingnews.com - April 11 at 3:49 AM
Sameer Dholakia Sells 368,231 Shares of SendGrid (SEND) StockSameer Dholakia Sells 368,231 Shares of SendGrid (SEND) Stock
www.americanbankingnews.com - April 10 at 7:12 PM
SendGrid (SEND) SVP Craig Kaes Sells 35,000 SharesSendGrid (SEND) SVP Craig Kaes Sells 35,000 Shares
www.americanbankingnews.com - April 10 at 7:11 PM
SendGrid Announces Closing of Follow-on Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional SharesSendGrid Announces Closing of Follow-on Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares
finance.yahoo.com - April 10 at 4:38 PM
-$0.01 EPS Expected for SendGrid (SEND) This Quarter-$0.01 EPS Expected for SendGrid (SEND) This Quarter
www.americanbankingnews.com - April 9 at 11:10 AM
Denver tech, economic developers launch Silicon Valley tech workers recruitment planDenver tech, economic developers launch Silicon Valley tech workers recruitment plan
www.bizjournals.com - April 2 at 9:46 AM
SendGrid Enhances API Sending Experience Providing Customers with an Extended, Comprehensive View of Email Activity & Engagement DataSendGrid Enhances API Sending Experience Providing Customers with an Extended, Comprehensive View of Email Activity & Engagement Data
finance.yahoo.com - March 29 at 4:36 PM
$32.04 Million in Sales Expected for SendGrid Inc (SEND) This Quarter$32.04 Million in Sales Expected for SendGrid Inc (SEND) This Quarter
www.americanbankingnews.com - March 25 at 5:52 AM
Cloud Software Stocks Rise on M&A HopesCloud Software Stocks Rise on M&A Hopes
www.msn.com - March 24 at 4:32 PM
 Analysts Anticipate SendGrid Inc (SEND) Will Announce Earnings of -$0.01 Per Share Analysts Anticipate SendGrid Inc (SEND) Will Announce Earnings of -$0.01 Per Share
www.americanbankingnews.com - March 23 at 11:12 AM
SendGrid Inc (SEND) Receives Consensus Rating of "Buy" from BrokeragesSendGrid Inc (SEND) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 21 at 10:44 AM
SendGrid (SEND) Downgraded to Hold at Zacks Investment ResearchSendGrid (SEND) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - March 17 at 11:32 AM
SendGrid (SEND) Upgraded to Buy by Zacks Investment ResearchSendGrid (SEND) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - March 16 at 12:20 PM
Zacks: Brokerages Anticipate SendGrid Inc (SEND) Will Post Earnings of -$0.01 Per ShareZacks: Brokerages Anticipate SendGrid Inc (SEND) Will Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - March 6 at 7:22 AM
Analysts Set Expectations for SendGrid Incs Q1 2018 Earnings (SEND)Analysts Set Expectations for SendGrid Inc's Q1 2018 Earnings (SEND)
www.americanbankingnews.com - March 1 at 7:14 AM
Q1 2018 Earnings Estimate for SendGrid Inc (SEND) Issued By KeyCorpQ1 2018 Earnings Estimate for SendGrid Inc (SEND) Issued By KeyCorp
www.americanbankingnews.com - March 1 at 7:14 AM
SendGrid (SEND) PT Raised to $26.00SendGrid (SEND) PT Raised to $26.00
www.americanbankingnews.com - February 28 at 5:14 PM

SEC Filings

SendGrid (NYSE:SEND) SEC Filings

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Financials

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Chart

SendGrid (NYSE SEND) Stock Chart for Sunday, June, 17, 2018

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This page was last updated on 6/17/2018 by MarketBeat.com Staff

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