Sailpoint Inc (SAIL) Performance and Fundamentals Dashboard tells a completely different story

With 1.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.35 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $20.18 whereas the lowest price it dropped to was $19.6. The 52-week range on SAIL shows that it touched its highest point at $26.35 and its lowest point at $17.56 during that stretch. It currently has a 1-year price target of $26.96.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAIL was up-trending over the past week, with a rise of 3.53%, but this was down by -22.37% over a month.

Float and Shares Shorts:

At present, 546.56 million SAIL shares are outstanding with a float of 62.00 million shares on hand for trading. In addition to Mr. Mark D. McClain TTEE as the firm’s Founder, CEO & Director, Mr. Matthew Mills serves as its President.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-01-31, SAIL reported revenue of $202707000.0 and operating income of -$65228000.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAIL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SAIL analysts setting a high price target of 30.0 and a low target of 23.0, the average target price over the next 12 months is 26.96429. Based on these targets, SAIL could surge 50.38% to reach the target high and rise by 15.29% to reach the target low. Reaching the average price target will result in a growth of 35.16% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.03.