SAIL

SailPoint Technologies Holdings Inc

TMT


Presented:04/30/2021
Price:$48.83
Cap:$4.49B
Current Price:$65.24
Cap:$5.82B

Presented

Date04/30/2021
Price$48.83
Market Cap$4.49B
Ent Value$4.70B
P/E RatioN/A
Book Value$5.08
Div Yield0%
Shares O/S91.96M
Ave Daily Vol1,128,007
Short Int11.12%

Current

Price$65.24
Market Cap$5.82B
SailPoint Technologies Holdings, Inc. engages in the provision of enterprise identity governance solutions. It operates through the following geographical segments: United States; EMAE or Europe, the Middle East, and Africa; and Rest of the World. It also offers licensing of software, sale of professional services, maintenance, and technical support. The company was founded on August 8, 2014 and is headquartered in Austin, TX.

Publicly traded companies mentioned herein: CA Technologies (CA), International Business Machines Corporation (IBM), Okta Inc (OKTA), Oracle Corporation (ORCL), Sailpoint Technologies Holding Inc (SAIL)

Highlights

The presenter is long shares of Sailpoint Technologies (SAIL), a ~$4.5B security company that provides identity management and governance for unstructured data access. He views the stock as an expansion story, which will benefit from a large growing and strategic security end market. Using either a DCF of EV/sales valuation, he models a $73 price target representing 52% upside from current levels. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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