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Updated 4y ago
SAIL logo

SailPoint Technologies Holdings, Inc.NYSE:SAIL Stock Report

Market Cap US$6.2b
Updated 4y ago
Share Price
n/a
1Y49.7%
7D1.5%
1D0.2%
Portfolio Value
​
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SailPoint Technologies Holdings, Inc.

NYSE:SAIL Stock Report

Market Cap: US$6.2b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

SailPoint Technologies Holdings (SAIL) Stock Overview

SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. More details

SAIL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 25.9% below our estimate of its fair value

Revenue is forecast to grow 19.65% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year


SAIL Community Fair Values

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Current Price
US$65.24n/aintrinsic discount
Est. Revenue
$
PastFuture-92m1b2016201920222025202620282031Revenue US$1.2bEarnings US$141.8m
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SailPoint Technologies Holdings, Inc. Competitors

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Tenable Holdings

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Market cap: US$4.2b

CyberArk Software

Symbol: NasdaqGS:CYBR
Market cap: US$20.6b

monday.com

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Market cap: US$4.0b

Price History & Performance

Summary of share price highs, lows and changes for SailPoint Technologies Holdings
Historical stock prices
Current Share PriceUS$65.24
52 Week HighUS$65.24
52 Week LowUS$34.98
Beta1.4
1 Month Change2.53%
3 Month Change5.67%
1 Year Change49.74%
3 Year Change194.67%
5 Year Changen/a
Change since IPO401.85%

Recent News & Updates

Seeking Alpha • Jun 30

SailPoint Technologies shareholders approve acquisition by Thoma Bravo

The shareholders of SailPoint Technologies Holdings (NYSE:SAIL) have approved a pending acquisition by software investment firm Thoma Bravo. As part of the merger agreement, SailPoint shareholders will receive $65.25 in cash per share. The transaction is expected to close in H2, subject to customary closing conditions. After the completion of the acquisition, SailPoint's shares will cease to trade on NYSE. SAIL shares were trading +0.21% post-market. Source: Press Release
Seeking Alpha • Jun 14

Golden Age Of Merger Arb: SailPoint

Time to put money to work. Merger arb spreads are wide. Here’s another you can buy today.
Seeking Alpha • Apr 11

When Fear Attacks! SailPoint Technologies Sold For Peanuts

Congratulations to Thoma Bravo and the SailPoint Technologies management team, each of which stand to make big returns from today's deal, in our view. Brickbats to those large SailPoint shareholders who are likely to support the deal going through. We move to Sell on the stock having banked nice gains but, still, this sale is the embodiment of the damage that sentiment can do to your bank balance.
Seeking Alpha • Mar 08

SailPoint Technologies Continues To Cross The Subscription Chasm

SailPoint Technologies is another old-line software company that's making a successful move to a subscription revenue model. The company is not well known, but we believe the stock can outperform. Between tailwinds from cybersecurity spending and fundamental improvements that we think can surprise to the upside, we believe there are multiple upward catalysts for this name. We rate SailPoint Technologies at Buy and own the stock in staff personal accounts.

Recent updates

Seeking Alpha • Jun 30

SailPoint Technologies shareholders approve acquisition by Thoma Bravo

The shareholders of SailPoint Technologies Holdings (NYSE:SAIL) have approved a pending acquisition by software investment firm Thoma Bravo. As part of the merger agreement, SailPoint shareholders will receive $65.25 in cash per share. The transaction is expected to close in H2, subject to customary closing conditions. After the completion of the acquisition, SailPoint's shares will cease to trade on NYSE. SAIL shares were trading +0.21% post-market. Source: Press Release
Seeking Alpha • Jun 14

Golden Age Of Merger Arb: SailPoint

Time to put money to work. Merger arb spreads are wide. Here’s another you can buy today.
Seeking Alpha • Apr 11

When Fear Attacks! SailPoint Technologies Sold For Peanuts

Congratulations to Thoma Bravo and the SailPoint Technologies management team, each of which stand to make big returns from today's deal, in our view. Brickbats to those large SailPoint shareholders who are likely to support the deal going through. We move to Sell on the stock having banked nice gains but, still, this sale is the embodiment of the damage that sentiment can do to your bank balance.
Seeking Alpha • Mar 08

SailPoint Technologies Continues To Cross The Subscription Chasm

SailPoint Technologies is another old-line software company that's making a successful move to a subscription revenue model. The company is not well known, but we believe the stock can outperform. Between tailwinds from cybersecurity spending and fundamental improvements that we think can surprise to the upside, we believe there are multiple upward catalysts for this name. We rate SailPoint Technologies at Buy and own the stock in staff personal accounts.
Seeking Alpha • Mar 01

SailPoint Technologies: Growth Stock Trading At Excellent Value

Shares of SailPoint rallied ~8% after the company posted excellent Q4 results and offered upbeat guidance for FY22. SailPoint's revenue grew 31% y/y while ARR expanded 48% y/y, reflecting the company's ongoing shift to a subscription consumption model. Its identity management technology is horizontally applicable to enterprises of all sizes and sectors. SailPoint's ~8x forward revenue multiple still leaves plenty of room for upside.
Seeking Alpha • Oct 12

SailPoint: Stick With This Stock Through Its Cloud Transition

Shares of SailPoint have fallen ~15% year to date, despite a rise in the S&P 500 of approximately the same magnitude. SailPoint's major focus at the moment is to convert its business to the cloud. At present, it has shifted roughly three-quarters of its annual revenue base to ARR. Given its cloud tailwind and a very compelling product portfolio, SailPoint looks modestly valued at
Seeking Alpha • Aug 11

SailPoint Technologies: Average Quarter Shows Their Real Focus

SailPoint Technologies reported earnings recently, on August 8, 2021. SailPoint beat on both the top and the bottom line, yet shares dipped significantly. Short-term investors fled the stock after Q3 guidance was weak, but SailPoint's second-quarter showed strength in their business transition to SaaS and the cloud.
Seeking Alpha • Jul 17

SailPoint: Buy The Dip

SailPoint, an identity management platform, has been in correction mode all year. The company is shifting its business to recurring SaaS, and ARR is growing at a >40% y/y pace. Companies making successful transitions to SaaS have been rewarded by appreciating stock prices. Shares are still reasonably priced at ~9x forward revenue.

Shareholder Returns

SAILUS SoftwareUS Market
7D1.5%0.6%-1.1%
1Y49.7%-9.3%11.7%

Return vs Industry: SAIL exceeded the US Software industry which returned -14.7% over the past year.

Return vs Market: SAIL exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is SAIL's price volatile compared to industry and market?
SAIL volatility
SAIL Average Weekly Movement2.1%
Software Industry Average Movement9.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market2.9%

Stable Share Price: SAIL has not had significant price volatility in the past 3 months.

Volatility Over Time: SAIL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,676Mark McClainwww.sailpoint.com

SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. The company offers software as a service (SaaS) and software platforms, which provide organizations visibility and the intelligence required to empower users and manage their access to systems, applications, and data across hybrid information technology environments, spanning on-premises, cloud and mobile applications, and file storage platforms. Its solutions include IdentityNow, a cloud-based multi-tenant identity security platform; IdentityIQ, an on-premises identity security solution; and SailPoint Identity Services, a multi-tenant SaaS subscription service.

SailPoint Technologies Holdings, Inc. Fundamentals Summary

How do SailPoint Technologies Holdings's earnings and revenue compare to its market cap?
SAIL fundamental statistics
Market capUS$6.19b
Earnings (TTM)-US$92.06m
Revenue (TTM)US$495.41m
12.5x
P/S Ratio
-67.2x
P/E Ratio

Is SAIL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAIL income statement (TTM)
RevenueUS$495.41m
Cost of RevenueUS$137.42m
Gross ProfitUS$357.99m
Other ExpensesUS$450.04m
Earnings-US$92.06m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.97
Gross Margin72.26%
Net Profit Margin-18.58%
Debt/Equity Ratio101.0%

How did SAIL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/08/16 11:30
End of Day Share Price 2022/08/15 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SailPoint Technologies Holdings, Inc. is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas WalkleyCanaccord Genuity
Fatima BoolaniCitigroup Inc
Andrew NowinskiD.A. Davidson & Co.

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