SAIL - SailPoint Technologies Holdings, Inc.

NYSE - NYSE Delayed Price. Currency in USD
22.80
+0.42 (+1.88%)
At close: 4:00PM EDT
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Commodity Channel Index

Commodity Channel Index

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close22.38
Open22.45
Bid21.96 x 800
Ask23.96 x 2200
Day's Range22.36 - 22.82
52 Week Range11.61 - 27.05
Volume506,695
Avg. Volume1,458,909
Market Cap2.056B
Beta (5Y Monthly)2.05
PE Ratio (TTM)N/A
EPS (TTM)-0.09
Earnings DateAug 04, 2020 - Aug 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est23.77
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • SailPoint Technologies Holdings, Inc. (SAIL) Q1 2020 Earnings Call Transcript
    Motley Fool

    SailPoint Technologies Holdings, Inc. (SAIL) Q1 2020 Earnings Call Transcript

    Good afternoon, and thank you for joining us today to discuss SailPoint's first quarter financial results. Joining me today are SailPoint's CEO and Co-Founder, Mark McClain; and our Chief Financial Officer, Jason Ream.

  • SailPoint Announces First Quarter 2020 Financial Results
    Business Wire

    SailPoint Announces First Quarter 2020 Financial Results

    SailPoint Announces First Quarter 2020 Financial Results

  • SunTust: 3 Cybersecurity Stocks to Watch Ahead of Earnings
    TipRanks

    SunTust: 3 Cybersecurity Stocks to Watch Ahead of Earnings

    Stock traders seeking the ‘hot investment’ now are of course going to be drawn toward tech and networking stocks. In this ‘Age of Coronavirus, when offices are turning to remote work by the score, and millions of workers are making the switch to telecommuting, companies in involved in networking, WiFi, and remote access technologies will have a clear path forward to success.These are the headwinds behind the cybersecurity sector. Writing from SunTrust, 5-star analyst Joel Fishbein finds plenty of reason for investors to feel bullish toward cybersecurity stocks. He writes, “We continue to … believe that their [cybersecurity’s] heavily recurring revenue-based business models and essential place in the IT stack have insulated them from the most dire effects of the downturn so far.”Writing on the sector just days ahead of the scheduled earnings reports, Fishbein is no Pollyanna: he does point out potential weaknesses in the sector. Specifically, he notes that while cybersecurity companies may have a strong business model and a secure niche, their customers are not necessarily so well blessed. Still, he sees two main points that favor investment in cybersecurity.First, many of these companies have actually seen an increase in demand-for-services during the coronavirus downturn. The sudden move to a remote workforce has put a premium on network security. And second, he sees the sales cycle lengthening in this sector, as customers enter longer, larger contracts.With those points in mind, Fishbein has selected several prominent cybersecurity companies likely to meet or beat their earnings forecasts. We’ve used the TipRanks database to take a closer look at three of Fishbein’s recent Buy ratings. Here are the results.Proofpoint, Inc. (PFPT)Proofpoint, which provides solutions for secure business email, archiving, inbound security, and data loss prevention, is a well-known success story from Silicon Valley. The company has built its business around a known weak spot in digital security – the flow of electronic messages into and out of a system – and parlayed that into $6.8 billion company bringing in over $880 million in annual revenue.Like many of the tech world’s leaders, PFPT operates with a regular net loss. But those losses were starting to mitigate before the COVID-19 epidemic. Q4, despite missing the forecast by 1 cent and showing a 10-cent per share loss, was in fact quite successful. The quarterly loss improved by an impressive 50% year-over-year, and an even more impressive 68% sequentially. As 2020 started, Proofpoint was looking good: the company’s Q4 revenues had gained 23% yoy to reach $243.4 million, and the PFPT and showed share price gains in January and early February.The stock took a heavy hit when the bear market began. Looking forward, the magnitude of the calendar Q1 hit is apparent: PFPT is expected to show a net quarterly earnings loss of 39 cents. The rocky quarter and the economic shutdowns pushed the stock value down 27% when the market slide began. It has made gains in volatile trading since then, and the stock’s total share price loss in the bear market is now less than 5%, making PFPT an relative outperformer compared to the S&P 500’s 16% net loss.Fishbein says of this company, “We like Proofpoint’s core business and expanding platform of emerging revenue segments which help create multi-year visibility. With 95% recurring revenue and strong cash flow generation, we believe Proofpoint should be defensible in the current market environment. The rapidly changing threat landscape and the ongoing transition to the cloud continue to be dual long-term catalysts that are helping to drive demand for Proofpoint’s full suite of security and compliance solutions…”He adds another point, an interesting one that highlights the unpredictability of Black Swan events like the coronavirus epidemic – and the way that companies may find unanticipated gains. Fishbein writes, “Recent reports have shown an uptick in spear phishing attacks preying on heightened fears around COVID19, which underscore the necessity of Proofpoint’s product suite…”In this latest note on the stock, Fishbein updates to a Buy on PFPT, and his $135 price target does indicate room for a 14% upside potential in the next 12 months. (To watch Fishbein’s track record, click here)Overall, Proofpoint also gets a bullish rating from Wall Street generally. The analyst consensus here is a Strong Buy, based on 7 Buys versus just two Holds. At $131, the average price target suggests an 11% upside from the $118 current share price. (See Proofpoint stock analysis on TipRanks)Palo Alto Networks (PANW)The second stock on our list is another resident of Silicon Valley. Palo Alto Networks takes its name from its hometown, and has made its reputation offering protection systems from malware attacks. PANW’s advanced firewalls are designed to secure cloud computing systems, making them essential is today’s business environment.Back in February, PANW reported a mixed Q2, with earnings beating the forecast by 6.3% despite dropping year-over-year, and revenue missing the forecast by 3.1% while growing 14% yoy. The company had the bad luck to report the results just as the bear market started – PANW is still down 22% from its February peak, even though it has rebounded considerably since bottoming out on March 18. The stock is now trending up, but there is no denying that PANW has underperformed in the last several weeks.Fishbein’s stance on PANW is unabashedly bullish, even as the company predicts a net earnings loss for fiscal Q3 (covering much of calendar Q1). He writes, “In our opinion, the worst is behind PANW as it has de-risked its forward looking guidance and undertakes a transition to a more subscription-based model… The company’s Prisma suite of products continues to gain traction according to our conversations with customers… We are believers in the long-term story of Palo Alto as it has evolved into an end-to-end security platform and is one of the best-positioned in the vendor space… In this short time-period since the outbreak of COVID-19 in the United States the company has seen … substantial wins. The majority of this pipeline is from its installed base, speaking to its strength.”In line with his optimistic outlook, and his view that PANW’s recent share declines have simply made the stock more affordable, Fishbein rates the shares a Buy. He has raised his price target from $180 to $220, suggesting an upside potential of 14% this year.Wall Street is a bit more cautious on PANW than Fishbein would allow. The 30 analyst reviews break down to 19 Buys and 11 Holds, making the analyst consensus a Moderate Buy. At $192.09, the average price target of $220.74 implies an upside of 15%. (See Palo Alto stock analysis at TipRanks)SailPoint Technologies Holdings (SAIL)The final stock on our list, SailPoint, provides solutions for cloud system access management. The cloud is an amazing software development, allowing for streamlined function and great flexibility, but access is a natural weak point. SAIL’s solutions allow for access certifications, insights, and modeling, along with file access management, password management, and cloud governance. Anyone who has worked on a cloud system knows how important it is to track who has access and who goes in and out – that is what SailPoint does.They do it well, too, and that has brought the company steadily rising earnings in 2019. The company saw a net loss in 1H19 turn to net profits in 2H19, with Q4 beating the forecasts – and Q3’s results – by wide margins. EPS was reported at 11 cents, compared to the 2-cent estimates. Total revenue for Q4 was $89 million, up from $80 the year before, and full-year 2019 revenue topped $288 million, for 16% yoy growth.Looking forward, however, the company sees a rocky path due to the coronavirus economic disruptions. Revenue is expected to drop to $70.4 million, while EPS is expected to revert to a net loss. This will be considered in-line with general industry performance so far this quarter; everyone is hurting from the coronavirus.SunTrust’s Fishbein acknowledges this danger, writing, “Our conversations with customers indicate that the company could face some disruption as a result of the COVID-19 Crisis as larger deals could be pushed out.”However, he also sees several mitigating factors, and adds, “We believe a change in their go-to-market motion will increase the percentage of SaaS revenue, accelerate SaaS bookings, and drive over 50% of revenue to subscription in the coming year.”Overall Fishbein sees reason to buy into SAIL shares, and rates the stock accordingly. Reacting to the current business conditions, he does lower the price target to $25, but that still suggests a 12-month upside of 45%.SAIL is the least expensive stock on this list, currently trading at just $18.11 per share. The average price target stands at $22.86, and indicates a possible 35% growth in the coming year. The Wall Street analyst corps is more divided on this stock; the 11 reviews break down to 6 Buy, 4 Hold, and 1 Sell, making the consensus view a Moderate Buy. (See SailPoint stock analysis on TipRanks)To find good ideas for cybersecurity stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • SailPoint Announces Change to Location and Format of 2020 Annual Meeting
    Business Wire

    SailPoint Announces Change to Location and Format of 2020 Annual Meeting

    SailPoint Announces Change to Location and Format of 2020 Annual Meeting

  • SailPoint Announces Date of First Quarter 2020 Earnings Conference Call
    Business Wire

    SailPoint Announces Date of First Quarter 2020 Earnings Conference Call

    SailPoint Announces Date of First Quarter 2020 Earnings Conference Call

  • Is SailPoint Technologies Holdings, Inc. (SAIL) A Good Stock To Buy?
    Insider Monkey

    Is SailPoint Technologies Holdings, Inc. (SAIL) A Good Stock To Buy?

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • SailPoint Extends Leadership Team to Support Global Growth and Pace of Innovation
    Business Wire

    SailPoint Extends Leadership Team to Support Global Growth and Pace of Innovation

    SailPoint today announced three leadership appointments to support the company’s global growth and increased pace of innovation.

  • SailPoint Recognized as the 2020 Gartner Peer Insights Customers’ Choice for Identity Governance & Administration
    Business Wire

    SailPoint Recognized as the 2020 Gartner Peer Insights Customers’ Choice for Identity Governance & Administration

    SailPoint recognized as the 2020 Gartner Peer Insights Customers’ Choice for Identity Governance & Administration (IGA).

  • Is It Too Late To Consider Buying SailPoint Technologies Holdings, Inc. (NYSE:SAIL)?
    Simply Wall St.

    Is It Too Late To Consider Buying SailPoint Technologies Holdings, Inc. (NYSE:SAIL)?

    SailPoint Technologies Holdings, Inc. (NYSE:SAIL), which is in the software business, and is based in United States...

  • Hackers are using coronavirus concerns to trick you, cybersecurity pros warn
    MarketWatch

    Hackers are using coronavirus concerns to trick you, cybersecurity pros warn

    The COVID-19 coronavirus isn’t the only virus people have to worry about as the fear of the pandemic has become a powerful tool for hackers to get you to click on one of their links without thinking.

  • SailPoint Extends the SailPoint Predictive IdentityTM Platform with New Cloud Governance Solutions
    Business Wire

    SailPoint Extends the SailPoint Predictive IdentityTM Platform with New Cloud Governance Solutions

    SailPoint today introduced identity governance for IaaS platforms, resources and workloads.

  • SailPoint Technologies (SAIL) Q4 Earnings and Revenues Surpass Estimates
    Zacks

    SailPoint Technologies (SAIL) Q4 Earnings and Revenues Surpass Estimates

    SailPoint Technologies (SAIL) delivered earnings and revenue surprises of 87.50% and 3.85%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Waste Management (WM) to Post Q4 Earnings: What's in Store?
    Zacks

    Waste Management (WM) to Post Q4 Earnings: What's in Store?

    Waste Management's (WM) fourth-quarter 2019 earnings and revenues are likely to have increased year over year.

  • Bet on Earnings Beat With 5 Top-Ranked Stocks
    Zacks

    Bet on Earnings Beat With 5 Top-Ranked Stocks

    These top-ranked stocks are likely to beat on bottom line in their next releases.

  • Did You Manage To Avoid SailPoint Technologies Holdings's (NYSE:SAIL) 11% Share Price Drop?
    Simply Wall St.

    Did You Manage To Avoid SailPoint Technologies Holdings's (NYSE:SAIL) 11% Share Price Drop?

    SailPoint Technologies Holdings, Inc. (NYSE:SAIL) shareholders should be happy to see the share price up 28% in the...

  • Hedge Funds Are Betting On SailPoint Technologies Holdings, Inc. (SAIL)
    Insider Monkey

    Hedge Funds Are Betting On SailPoint Technologies Holdings, Inc. (SAIL)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]

  • IQV vs. SAIL: Which Stock Should Value Investors Buy Now?
    Zacks

    IQV vs. SAIL: Which Stock Should Value Investors Buy Now?

    IQV vs. SAIL: Which Stock Is the Better Value Option?

  • SailPoint Technologies (SAIL) Q3 Earnings and Revenues Top Estimates
    Zacks

    SailPoint Technologies (SAIL) Q3 Earnings and Revenues Top Estimates

    SailPoint Technologies (SAIL) delivered earnings and revenue surprises of 250.00% and 7.48%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Earnings Preview: SailPoint Technologies (SAIL) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: SailPoint Technologies (SAIL) Q3 Earnings Expected to Decline

    SailPoint Technologies (SAIL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Hedge Funds Are Souring On SailPoint Technologies Holdings, Inc. (SAIL)
    Insider Monkey

    Hedge Funds Are Souring On SailPoint Technologies Holdings, Inc. (SAIL)

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […]

  • A Look At The Fair Value Of SailPoint Technologies Holdings, Inc. (NYSE:SAIL)
    Simply Wall St.

    A Look At The Fair Value Of SailPoint Technologies Holdings, Inc. (NYSE:SAIL)

    In this article we are going to estimate the intrinsic value of SailPoint Technologies Holdings, Inc. (NYSE:SAIL) by...

  • TheStreet.com

    [video]Cheaper Software Firms Are Starting to Draw More Buyout and Activist Interest

    Software firms trading well below their 52-week highs are increasingly proving to be popular M&A; and activist targets. Here's a look at some other names that could potentially draw interest.

  • GuruFocus.com

    Sailpoint Technologies Holdings Inc (SAIL) CEO and President Mark D. Mcclain Sold $1. ...

    CEO and President of Sailpoint Technologies Holdings Inc (30-Year Financial, Insider Trades) Mark D. Mcclain (insider trades) sold 56,000 shares of SAIL on 08/15/2019 at an average price of $21.15 a share. Continue reading...

  • SailPoint Technologies Holdings Bounces Back
    Motley Fool

    SailPoint Technologies Holdings Bounces Back

    The identity governance software company reported upbeat second-quarter results and raised its full-year guidance.