Stephens analyst Brian Colley maintained a Buy rating on Ping Identity Holding (NASDAQ:PING) on Wednesday, setting a price target of $33, which is approximately 50.07% above the present share price of $21.99.
Colley expects Ping Identity Holding to post earnings per share (EPS) of -$0.20 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Ping Identity Holding, with an average price target of $31.17.
The analysts price targets range from a high of $38 to a low of $24.5.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $68.94 million and a net profit of -$17.93 million. The company's market cap is $1.81 billion.
According to TipRanks.com, Stephens analyst Brian Colley is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 4.3% and a 50.00% 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.