SailPoint Technologies Holdings Inc. (NYSE:SAIL) went down by -1.07% from its latest closing price compared to the recent 1-year high of $64.43. The company’s stock price has collected -2.60% of loss in the last five trading sessions. Barron’s reported on 04/11/22 that SailPoint Stock Surges After $6.9 Billion Thoma Bravo Buyout
Is It Worth Investing in SailPoint Technologies Holdings Inc. (NYSE :SAIL) Right Now?
Plus, the 36-month beta value for SAIL is at 1.54. Opinions of the stock are interesting as 1 analysts out of 13 who provided ratings for SailPoint Technologies Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 12 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $65.59, which is $3.42 above the current price. SAIL currently public float of 92.78M and currently shorts hold a 10.66% ratio of that float. Today, the average trading volume of SAIL was 4.06M shares.
SAIL’s Market Performance
SAIL stocks went down by -2.60% for the week, with a monthly jump of 25.33% and a quarterly performance of 59.52%, while its annual performance rate touched 38.91%. The volatility ratio for the week stands at 1.08% while the volatility levels for the past 30 days are set at 0.59% for SailPoint Technologies Holdings Inc.. The simple moving average for the period of the last 20 days is -2.83% for SAIL stocks with a simple moving average of 29.23% for the last 200 days.
Analysts’ Opinion of SAIL
Many brokerage firms have already submitted their reports for SAIL stocks, with Wells Fargo repeating the rating for SAIL by listing it as a “Overweight.” The predicted price for SAIL in the upcoming period, according to Wells Fargo is $65.25 based on the research report published on May 06th of the current year 2022.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see SAIL reach a price target of $63. The rating they have provided for SAIL stocks is “Overweight” according to the report published on April 05th, 2022.
Wells Fargo gave a rating of “Overweight” to SAIL, setting the target price at $55 in the report published on March 01st of the current year.
SAIL Trading at 15.16% from the 50-Day Moving Average
After a stumble in the market that brought SAIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.55% of loss for the given period.
Volatility was left at 0.59%, however, over the last 30 days, the volatility rate increased by 1.08%, as shares sank -2.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.23% upper at present.
During the last 5 trading sessions, SAIL fell by -2.60%, which changed the moving average for the period of 200-days by +23.07% in comparison to the 20-day moving average, which settled at $63.86. In addition, SailPoint Technologies Holdings Inc. saw 28.57% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SAIL starting from Schmitt Christopher, who sale 3,765 shares at the price of $41.40 back on Mar 15. After this action, Schmitt Christopher now owns 59,609 shares of SailPoint Technologies Holdings Inc., valued at $155,878 using the latest closing price.
McClain Mark D., the CEO and President of SailPoint Technologies Holdings Inc., sale 5,000 shares at $40.80 during a trade that took place back on Mar 15, which means that McClain Mark D. is holding 255,994 shares at $204,000 based on the most recent closing price.
Stock Fundamentals for SAIL
Current profitability levels for the company are sitting at:
- -12.79 for the present operating margin
- +72.37 for the gross margin
The net margin for SailPoint Technologies Holdings Inc. stands at -14.04. Equity return is now at value -20.10, with -7.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.