About SendGrid (NYSE:SEND)
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
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:SEND
CUSIPN/A
Phone888-985-7363
Debt
Debt-to-Equity Ratio0.06%
Current Ratio8.71%
Quick Ratio8.71%
Price-To-Earnings
Trailing P/E Ratio-147.63
Forward P/E Ratio-216.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$111.89 million
Price / Sales10.74
Cash Flow$0.1918 per share
Price / Cash146.66
Book Value$4.41 per share
Price / Book6.38
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 Shares42,700,000
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 (NYSE:SEND) issued its earnings results on Monday, February, 26th. The company reported ($0.01) earnings per share for the quarter. The firm earned $31.73 million during the quarter, compared to analyst estimates of $29.45 million. View SendGrid's Earnings History.
What price target have analysts set for SEND?
6 brokerages have issued twelve-month price targets for SendGrid's stock. Their predictions range from $25.00 to $32.00. On average, they expect SendGrid's stock price to reach $28.25 in the next year. 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. " (3/17/2018)
- 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?
Some companies that are related to SendGrid include Descartes Systems Group (DSGX), Cogent Communications (CCOI), Alteryx (AYX), Mimecast (MIME), BlackLine (BL), Cloudera (CLDR), Q2 (QTWO), Sailpoint Technologies (SAIL), Alarm.com (ALRM), MongoDB (MDB), CyberArk (CYBR), Altair Engineering (ALTR), Varonis Systems (VRNS), Progress Software (PRGS), Cheetah Mobile (CMCM), Cision (CISN), Imperva (IMPV) and Appian (APPN).
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 & Principal Accounting Officer (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 $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.
When does SendGrid's lock-up period expire?
SendGrid's lock-up period expires on Monday, May 14th. SendGrid had issued 8,200,000 shares in its public offering on November 15th. The total size of the offering was $131,200,000 based on an initial share price of $16.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.
Has SendGrid been receiving favorable news coverage?
Headlines about SEND stock have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SendGrid earned a coverage optimism score of 0.11 on Accern's scale. They also assigned media headlines about the company an impact score of 45.50 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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 $28.13.
How big of a company is SendGrid?
SendGrid has a market capitalization of $1.20 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)
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.
SendGrid (NYSE:SEND) Earnings History and Estimates Chart
SendGrid (NYSE:SEND) Earnings Estimates
2018 EPS Consensus Estimate: $0.07
2019 EPS Consensus Estimate: $0.12
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2018 | 2 | $0.00 | $0.00 | $0.00 |
| Q2 2018 | 2 | $0.01 | $0.02 | $0.02 |
| Q3 2018 | 2 | $0.01 | $0.02 | $0.02 |
| Q4 2018 | 2 | $0.03 | $0.05 | $0.04 |
| Q1 2019 | 1 | $0.02 | $0.02 | $0.02 |
| Q2 2019 | 1 | $0.02 | $0.02 | $0.02 |
| Q3 2019 | 1 | $0.03 | $0.03 | $0.03 |
| Q4 2019 | 1 | $0.05 | $0.05 | $0.05 |
SendGrid (NYSE SEND) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 2/26/2018 | Q4 2017 | | ($0.01) | $29.45 million | $31.73 million | View | N/A |  |
(Earnings results data provided by Zacks Investment Research)
SendGrid (NYSE:SEND) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
SendGrid (NYSE SEND) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 41.22%
SendGrid (NYSE SEND) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/10/2018 | Craig Kaes | SVP | Sell | 35,000 | $22.86 | $800,100.00 | | |
| 4/10/2018 | Group Select Fund L.P Foundry | Major Shareholder | Sell | 2,952,718 | $22.86 | $67,499,133.48 | | |
| 4/10/2018 | Sameer Dholakia | Insider | Sell | 368,231 | $22.86 | $8,417,760.66 | | |
(Data available from 1/1/2013 forward)
SendGrid (NYSE SEND) News Headlines
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SendGrid (NYSE:SEND) SEC Filings
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SendGrid (NYSE SEND) Stock Chart for Friday, April, 20, 2018
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