Ping Identity dropped after the digital identification company reported a loss, and revenue and a guidance midpoint that missed analyst estimates.
Full Answer
Why is Ping Identity stock spiking after earnings?
Nov 05, 2020 · Shares of Ping Identity ( PING 4.71% ) are plunging today, down by 16% as of 12:10 p.m. EST, after the company reported third-quarter earnings. The results topped expectations and its outlook was ...
How much did Ping Identity (Ping) raise in its IPO?
Apr 24, 2022 · 15 Wall Street analysts have issued 1-year price targets for Ping Identity's stock. Their forecasts range from $21.00 to $44.00. On average, they anticipate Ping Identity's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 68.0% from the stock's current price.
What does Ping Identity do?
Jun 15, 2021 · The offering, from which Ping Identity will not receive any proceeds, is expected to close on June 17, 2021. PING is at $22.90 currently. It has traded in the range of $19.97- …
What are Wall Street analysts'price targets for Ping Identity's stock?
Feb 25, 2021 · Shares of Ping Identity ( PING 1.99%) have gotten demolished today, down by 23% as of 11:05 a.m. EST, after the company reported fourth-quarter earnings. The results missed expectations, and Ping ...
Is Ping Identity a good investment?
Why is PING down today?
What does Ping Identity Holding Corp do?
Does Ping Identity pay dividends?
How do I test my ping server?
- Type “cmd” to bring up the Command Prompt.
- Open the Command Prompt.
- Type “ping” in the black box and hit the space bar.
- Type the IP address you'd like to ping (e.g., 192. XXX. X.X).
- Review the ping results displayed.
How do I access PingID?
Is ping better than Okta?
Who is Ping Identity competitors?
Who owns license for ping?
Is Ping Identity a buy right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ping Identity in the last twelve months. There are currently 5 hold ratin...
How has Ping Identity's stock been impacted by COVID-19?
Ping Identity's stock was trading at $18.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. S...
When is Ping Identity's next earnings date?
Ping Identity is scheduled to release its next quarterly earnings announcement on Wednesday, May 4th 2022. View our earnings forecast for Ping Ide...
How were Ping Identity's earnings last quarter?
Ping Identity Holding Corp. (NYSE:PING) released its earnings results on Thursday, February, 24th. The company reported ($0.13) earnings per share...
What guidance has Ping Identity issued on next quarter's earnings?
Ping Identity issued an update on its FY 2022 earnings guidance on Thursday, March, 17th. The company provided earnings per share (EPS) guidance of...
What price target have analysts set for PING?
12 Wall Street analysts have issued 12-month price objectives for Ping Identity's shares. Their forecasts range from $21.00 to $44.00. On average,...
Who are Ping Identity's key executives?
Ping Identity's management team includes the following people: Mr. Andre Wong Durand , CEO & Director (Age 51, Pay $607.16k) ( LinkedIn Profile...
What is Andre Durand's approval rating as Ping Identity's CEO?
171 employees have rated Ping Identity CEO Andre Durand on Glassdoor.com . Andre Durand has an approval rating of 92% among Ping Identity's employ...
Who are some of Ping Identity's key competitors?
Some companies that are related to Ping Identity include Anaplan (PLAN) , Coupa Software (COUP) , CCC Intelligent Solutions (CCCS) , Smartsheet...
What is ping identity?
The company's platform offers solutions, such as secure single sign-on; multi-factor authentication; security control for applications and APIs, or access security; personalized and unified profile directories; data governance to control access to identity data; and artificial intelligence and machine learning powered API security. Its customers include enterprises in Fortune 100, U.S. banks, healthcare companies, aerospace companies, auto manufacturers, and North American retailers. The company was formerly known as Roaring Fork Holding, Inc. and changed its name to Ping Identity Holding Corp. in August 2019. Ping Identity Holding Corp. was incorporated in 2016 and is headquartered in Denver, Colorado.
What is the P/E ratio of ping identity?
The P/E ratio of Ping Identity is -47.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Does ping identity pay dividends?
Ping Identity does not currently pay a dividend.
What happened
Shares of Ping Identity ( PING 6.96% ) have gotten demolished today, down by 23% as of 11:05 a.m. EST, after the company reported fourth-quarter earnings. The results missed expectations, and Ping's guidance was also lacking.
So what
Revenue in the fourth quarter came in at $63.3 million, below the consensus estimate of $68.9 million in sales. That resulted in adjusted earnings per share of $0.09, which was on target with what analysts were looking for.
Now what
Guidance also came in below Wall Street's forecasts. Revenue in the first quarter is expected to be in the range of $61.5 million to $63.5 million, meaningfully below the $67.2 million in sales that analysts are modeling for. That should result in free cash flow of $12 million to $14 million and ARR of $263 million to $264 million.
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What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
What's Happening With PING Stock Today?
Ping Identity Holding Corp (PING) stock is trading at $23.66 as of 12:41 PM on Thursday, Dec 2, a rise of $0.44, or 1.89% from the previous closing price of $23.22. The stock has traded between $22.40 and $23.82 so far today. Volume today is below average. So far 847,751 shares have traded compared to average volume of 1,347,611 shares.
More About Ping Identity Holding Corp
Ping Identity Holding Corp is a United States-based company engaged in the business of software. It enables secure access to any service, application or API from any device.
What is ping identity?
DENVER, Jun 21, 2021--Ping Identity (NYSE: PING), the intelligent identity solution for the enterprise, announced two major enhancements to enable secure and seamless digital experiences for employees and customers. The PingOne Cloud Platform now delivers the entire Ping Identity portfolio from a unified cloud admin and solves both workforce and customer identity use cases. Additionally, PingAuthorize enables enterprises with dynamic authorization and attribute-based access control (ABAC) giving
When will Ping release results?
DENVER, July 07, 2021--Ping Identity Holding Corp. (NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced that it will release financial results for its second quarter of fiscal year 2021, ended June 30, after the U.S. market close on Wednesday, August 4, 2021. Management will host a conference call that afternoon at 5:00 p.m. Eastern time to discuss the results.
What is the Vickers top buyer and seller report?
Daily – Vickers Top Buyers & Sellers for 11/22/2021 The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
What is the most important lesson investors learn when putting their money to work in the stock market?
Arguably the most important lesson investors learn when putting their money to work in the stock market is that patience pays off. Last year, the coronavirus pandemic sent the widely tracked S&P 500 screaming lower by 34% in just 33 calendar days. The S&P 500 has bounced back 90% since hitting its bear-market bottom in March 2020.
Why are growth stocks important?
Historically low lending rates and ongoing quantitative easing measures from the Federal Reserve have allowed fast-growing businesses to borrow money at an attractive cost. This capital has been used by growth stocks to hire, acquire, and innovate.
When is Ping's virtual investor day?
(NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced that it will host its virtual investor day on December 1, 2021. Details for the event are as follows (times listed in ET):
Do stock markets rise?
On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy...
