In the last trading session, 2.55 million shares of the Sailpoint Inc (NASDAQ:SAIL) were traded. Most recently the company’s share price was $21.80, and it changed around $0.57 or 2.68% from the last close, which brings the market valuation of the company to $12.13B. SAIL currently trades at a discount to its 52-week high of $26.35, offering almost -20.87% off that amount. The share price’s 52-week low was $17.56, which indicates that the current value has risen by an impressive 19.45% since then. We note from Sailpoint Inc’s average daily trading volume that its 10-day average is 1.81 million shares, with the 3-month average coming to 4.01 million.
Sailpoint Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.64. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 4 recommended SAIL as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Sailpoint Inc is expected to report earnings per share of -0.01 for the current quarter.
Sailpoint Inc (NASDAQ:SAIL) trade information
Instantly SAIL has showed a green trend with a performance of 2.68% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 22.57 on recent trading dayincreased the stock’s daily price by 3.41%. The company’s shares are currently down -0.91% year-to-date, but still up 10.44% over the last five days. On the other hand, Sailpoint Inc (NASDAQ:SAIL) is -6.64% down in the 30-day period. We can see from the shorts that 5.74 million shares have been sold at a short interest cover period of 1.01 day(s).
The consensus price target as assigned by Wall Street analysts is $26, which translates to bulls needing to increase their stock price by 16.15% from its current value. Analyst projections state that SAIL is forecast to be at a low of $23 and a high of $30.
Sailpoint Inc (SAIL) estimates and forecasts
The year-over-year growth rate is expected to be 21.69%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 229.66M in revenue for the current quarter. 12 analysts expect Sailpoint Inc to make 224.65M in revenue for the current ending quarter.
SAIL Dividends
Sailpoint Inc’s next quarterly earnings report is expected to be released in April.
Sailpoint Inc (NASDAQ:SAIL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.64% of Sailpoint Inc shares, and 85.77% of them are in the hands of institutional investors. The stock currently has a share float of 88.10%.
