SendGrid, 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:SEND
Previous Symbol
CUSIPN/A
Phone888-985-7363
Debt
Debt-to-Equity Ratio0.05
Current Ratio8.17
Quick Ratio8.17
Price-To-Earnings
Trailing P/E Ratio-204.68
Forward P/E Ratio-956.25
P/E GrowthN/A
Sales & Book Value
Annual Sales$111.89 million
Price / Sales16.19
Cash Flow$0.1705 per share
Price / Cash224.36
Book Value$4.41 per share
Price / Book8.67
Profitability
EPS (Most Recent Fiscal Year)($0.19)
Net Income$-6,250,000.00
Net Margins-4.03%
Return on Equity-0.86%
Return on Assets-0.70%
Miscellaneous
Employees415
Outstanding Shares47,360,000
Market Cap$2.03 billion
OptionableOptionable
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) posted its quarterly earnings results on Tuesday, November, 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The firm earned $37.20 million during the quarter, compared to analyst estimates of $36.04 million. SendGrid had a negative return on equity of 0.86% and a negative net margin of 4.03%. View SendGrid's Earnings History.
When is SendGrid's next earnings date?
What price target have analysts set for SEND?
8 equities research analysts have issued 1-year target prices for SendGrid's shares. Their predictions range from $29.00 to $45.00. On average, they anticipate SendGrid's share price to reach $36.6667 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for SendGrid.
What is the consensus analysts' recommendation for SendGrid?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SendGrid in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (11/6/2018)
- 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)
Has SendGrid been receiving favorable news coverage?
Media headlines about SEND stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. SendGrid earned a daily sentiment score of 3.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.
Are investors shorting SendGrid?
SendGrid saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 743,561 shares, a decrease of 44.0% from the October 15th total of 1,328,342 shares. Based on an average trading volume of 2,500,879 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.8% of the company's shares are short sold. View SendGrid's Current Options Chain.
Who are some of SendGrid's key competitors?
Some companies that are related to SendGrid include Atlassian (TEAM), Trend Micro (TMICY), The Ultimate Software Group (ULTI), Black Knight (BKI), Tyler Technologies (TYL), Nutanix (NTNX), Paycom Software (PAYC), Guidewire Software (GWRE), National Instruments (NATI), Momo (MOMO), Okta (OKTA), Docusign (DOCU), Konami (KNMCY), Ceridian HCM (CDAY) and HubSpot (HUBS).
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)
- Mr. Craig Kaes, Sr. VP of Engineering (Age 47)
- Mr. Isaac Saldana, Co-Founder
- Mr. Jose Lopez, Co-Founder
When did SendGrid IPO?
(SEND) raised $112 million in an initial public offering (IPO) on Wednesday, November 15th 2017. The company issued 7,700,000 shares at $13.50-$15.50 per share. Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Piper Jaffray and Stifel were co-managers.
Who are SendGrid's major shareholders?
SendGrid's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.52%), Wells Fargo & Company MN (5.12%), Victory Capital Management Inc. (3.25%), FMR LLC (2.06%), Renaissance Technologies LLC (1.32%) and Deutsche Bank AG (1.21%). Company insiders that own SendGrid stock include Craig Kaes, Group Select Fund LP Foundry, Michael Tognetti, Sameer Dholakia, Stephen M Sloan and Yanagawa Leandra Fishman. 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 Kornitzer Capital Management Inc. KS, Monashee Investment Management LLC, Quantbot Technologies LP, Frontier Capital Management Co. LLC, Vista Equity Partners Management LLC, GSA Capital Partners LLP, Sheaff Brock Investment Advisors LLC and FMR LLC. Company insiders that have sold SendGrid company stock in the last year include Craig Kaes, Group Select Fund LP Foundry, Michael Tognetti, Sameer Dholakia, Stephen M Sloan and Yanagawa Leandra Fishman. View Insider Buying and Selling for SendGrid.
Which institutional investors are buying SendGrid stock?
SEND stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Wells Fargo & Company MN, Renaissance Technologies LLC, Northwestern Mutual Wealth Management Co., Deutsche Bank AG, AO Asset Management LP and Fuller & Thaler Asset Management Inc.. 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 $39.43.
How big of a company is SendGrid?
SendGrid has a market capitalization of $2.03 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.
What is SendGrid's official website?
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 (NYSE SEND)
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.
