Raymond James analyst Raymond James maintained a Buy rating on Ping Identity Holding (NASDAQ:PING_old) on Thursday, setting a price target of $44, which is approximately 54.39% above the present share price of $28.5.
expects Ping Identity Holding to post earnings per share (EPS) of -$0.13 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Ping Identity Holding, with an average price target of $35.7.
The analysts price targets range from a high of $44 to a low of $28.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $78.9 million and a net profit of -$15.15 million. The company's market cap is $2.34 billion.
According to TipRanks.com, Raymond James analyst Raymond James is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.2% and a 61.02% success rate.
Ping Identity Holding Corp . engages in pioneering intelligent identity. It enables secure access to service, application or application programming interface from device. The company operates a platform that can leverage artificial intelligence and machine learning to analyse device, network, application and user behaviour data to make real-time authentication and security control decisions. The company was founded in 2003 and is headquartered in Denver, CO.