Sailpoint Inc (SAIL) Gains 0.43%, Causing Bears To Win

Sailpoint Inc (NASDAQ:SAIL) has seen 0.8 million shares traded in the recent trading session. The company, currently valued at $10.48B, closed the recent trade at $18.83 per share which meant it gained $0.08 on the day or 0.43% during that session. The SAIL stock price is -39.94% off its 52-week high price of $26.35 and 6.74% above the 52-week low of $17.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.05 million shares traded. The 3-month trading volume is 3.74 million shares.

The consensus among analysts is that Sailpoint Inc (SAIL) is Buy stock at the moment, with a recommendation rating of 1.64. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.01.

Sailpoint Inc (NASDAQ:SAIL) trade information

Sporting 0.43% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SAIL stock price touched $18.83 or saw a rise of 16.2%. Year-to-date, Sailpoint Inc shares have moved -14.41%, while the 5-day performance has seen it change -13.62%. Over the past 30 days, the shares of Sailpoint Inc (NASDAQ:SAIL) have changed -20.11%. Short interest in the company has seen 7.75 million shares shorted with days to cover at 2.85.

Wall Street analysts have a consensus price target for the stock at $26, which means that the shares’ value could jump 27.58% from the levels at last check today. The projected low price target is $23.0 while the price target rests at a high of $30.0. In that case, then, we find that the latest price level in today’s session is -59.32% off the targeted high while a plunge would see the stock gain -22.15% from the levels at last check today.

Sailpoint Inc (SAIL) estimates and forecasts

Revenue growth from the last financial year stood is estimated to be 19.78%. 11 analysts offering their estimates for the company have set an average revenue estimate of 225.21M for the current quarter. 11 have an estimated revenue figure of 240.05M for the next ending quarter.

SAIL Dividends

Sailpoint Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sailpoint Inc (NASDAQ:SAIL)’s Major holders

Insiders own 2.64% of the company shares, while shares held by institutions stand at 85.76% with a share float percentage of 88.09%. Investors are also buoyed by the number of investors in a company, with Sailpoint Inc having a total of 1.0 institutions that hold shares in the company.