The trading price of Sailpoint Inc (NASDAQ:SAIL) closed higher on current market day and closing at $21.23, 4.84% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $20.3438 and $21.27. In examining the 52-week price action we see that the stock hit a 52-week high of $26.35 and a 52-week low of $17.56. Over the past month, the stock has lost -9.89% in value.
Sailpoint Inc, whose market valuation is $11.82 billion at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.01 per share this quarter, however they have predicted annual earnings per share of -0.15 for current year and 0.09 for next year.
Analysts have forecast the company to bring in revenue of 229.66M for the current quarter, with the likely lows of 227.77M and highs of 230.6M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 851.3M.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned SAIL a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Sailpoint Inc (SAIL) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that SAIL’s price is currently -0.48% off the SMA20 and -3.68% off the SMA50. When measured over the past 30 days, the indicator reaches 5.69%. Sailpoint Inc (NASDAQ:SAIL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 1.29. With analysts defining $23-$30 as the low and high price targets, we arrive at a consensus price target of $26 for the trailing 12-month period. The current price is about -8.34% off the estimated low and -41.31% off the forecast high, based on this estimate. Investors will be thrilled if SAIL’s share price rises to $26, which is the median consensus price. At that level, SAIL’s share price would be -22.47% below current price.
To see how Sailpoint Inc stock has been performing in comparison to its peers in the industry, here are the numbers: SAIL stock’s performance was 4.84% in the latest trading.
An evaluation of the daily trading volume of Sailpoint Inc (NASDAQ:SAIL) indicates that the 3-month average is 4.11 million. However, this figure has increased over the past 10 days to an average of 1.78.
Currently, records show that 546.56 million of the company’s shares remain outstanding. The insiders hold 88.86% of outstanding shares, whereas institutions hold 0.00%. The stats also highlight that short interest as of 2025-02-28, stood at 5.74 million shares, resulting in a short ratio of 1.01 at that time. From this, we can conclude that short interest is 1020.00 of the company’s total outstanding shares. However, since the stock’s price has seen -3.50% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
