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PING

Delayed

Ping Identity Holding Corp.

PING Stock Price

RSI Chart

Valuation

Market Cap

2.4B

Price/Earnings

-23.19

Price/Sales

7.94

Price/Cashflow

-408.76

MarketCap/EBT

-20.89

Price/Sales

Profitability

Operating Margin

64.28%

EBT Margin

-38.01%

Return on Equity

-15.05%

Return on Assets

-9.33%

Fundamentals

Revenue

Revenue (TTM)

308.3M

Revenue Y/Y

-8.72%

Revenue Q/Q

-14.95%

Earnings

Earnings (TTM)

-105.6M

Earnings Y/Y

-335.81%

Earnings Q/Q

-136.19%

Price Action

Last 7 days

0.9%

Last 30 days

1.2%

Last 90 days

54.3%

Trailing 12 Months

7.7%

Financial Health

Current Ratio

3.01

Debt/Equity

0.43

Debt/Cashflow

-0.02

Investor Care

Shares Dilution (1Y)

4.67%

Diluted EPS (TTM)

-1.25

Peers (Alternatives to Ping Identity Holding)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Ping Identity Holding

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue-2.2%308315299287271
Gross Profit-6.7%198212205201192
Operating Expenses4.0%301290284264242
  S&GA Expenses6.2%130123117110101
  R&D Expenses4.4%8177797266
Earnings Before Taxes-38.6%-117.20-84.57-83.34-63.02-47.93
Net Income-53.7%-105.58-68.71-64.39-42.18-31.72
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-1.8%1,1321,1531,178984955
  Current Assets-3.4%370383401211256
    Cash Equivalents-1.4%21021322151104
  Net PPE-1.6%99989
  Goodwill-0.4%526528529530474
Liabilities2.1%431422437228228
  Current Liabilities8.8%1231131228278
  Long Term Debt-0.2%299300300120120
    LT Debt, Current1.0%221--
    LT Debt, Non Current-0.2%290291291119119
Shareholder's Equity-4.1%701731741757727
  Retained Earnings-46.0%-151.89-104.04-83.79-57.76-46.31
  Additional Paid-In Capital2.5%856835824814771
Shares Outstanding2.1%8684848482
Float-1,260----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-141.9%-5.9914424145
  Share Based Compensation-8.5%4347565144
Cashflow From Investing37.2%-65.30-103.91-103.12-128.06-85.41
Cashflow From Financing-28.1%177246136-35.99-33.76

Risks

What is the probability of a big loss on PING?

84.0%


Probability that Ping Identity Holding stock will be more than 20% underwater in next one year

84.0%


Probability that Ping Identity Holding stock will be more than 30% underwater in next one year.

41.1%


Probability that Ping Identity Holding stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PING drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ping Identity Holding was unfortunately bought at previous high price.

Returns

Cumulative Returns on PING

20.8%


3-Year Cumulative Returns

Which funds bought or sold PING recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
269,000
269,000
0.28%
2022-11-22
Mint Tower Capital Management B.V.
NEW
-
1,108,000
1,108,000
0.09%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.62
912,000
2,608,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-31.78
111,000
2,119,000
-%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
SOLD OFF
-100
-1,079,000
-
-%
2022-11-17
Telemetry Investments, L.L.C.
NEW
-
1,176,000
1,176,000
1.51%
2022-11-17
M&T Bank Corp
SOLD OFF
-100
-550,000
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-5,000
-
-%
2022-11-15
STATE STREET CORP
ADDED
6.16
16,389,000
41,886,000
-%
2022-11-15
Alpha Paradigm Partners, LLC
SOLD OFF
-100
-252,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying PING calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PING

Ping Identity Holding News

GuruFocus.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ping Identity Holding Corp..28 hours ago

Investor's Business Daily

Call of Duty

PING Fair Value

Recent SEC filings of Ping Identity Holding

View All Filings
Date Filed Form Type Document
Oct 28, 2022
15-12G
15-12G
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading

Latest Insider Trading transactions for PING

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-18
SHARMA SHALINI
GIVEN BACK TO IS
-4,594,630
28.5
-161,215
CHIEF LEGAL OFFICER
2022-10-18
Arora Anil
GIVEN BACK TO IS
-188,841
28.5
-6,626
-
2022-10-18
Spruill Yancey L.
GIVEN BACK TO IS
-872,727
28.5
-30,622
-
2022-10-18
Verma Vikram
GIVEN BACK TO IS
-263,796
28.5
-9,256
-
2022-10-18
DANI RAJ M.
GIVEN BACK TO IS
-13,458,100
28.5
-472,214
Chief Financial Officer
2022-10-18
Gherson Diane J
GIVEN BACK TO IS
-394,298
28.5
-13,835
-
2022-10-18
DURAND ANDRE WONG
GIVEN BACK TO IS
-14,318,900
28.5
-502,416
CEO, DIRECTOR
2022-10-18
Martin Paul Edward
GIVEN BACK TO IS
-427,472
28.5
-14,999
-
2022-10-18
McCormack John Robert
GIVEN BACK TO IS
-1,685,290
28.5
-59,133
-
2022-10-10
SHARMA SHALINI
SOLD FOR TAXES
-81,786.4
28.29
-2,891
CHIEF LEGAL OFFICER

1–10 of 50

Andre W. Durand
1250
Ping Identity Holding Corp., doing business as Ping Identity Corporation, offers intelligent identity solutions for the enterprise in the United States and internationally. Its Ping Intelligent Identity platform provides access to cloud, mobile, Software-as-a-Service, and on-premise applications with customers, workforce, and partners. The company's platform offers secure single sign-on; multi-factor authentication; access security; directory solution; dynamic authorization; risk management; identity verification; API intelligence; orchestration; and fraud detection. It also provides professional and customer support services. The company sells its solutions through a direct sales force. 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.

PING Income Statement

2022-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:  
Total revenue$ 84,691$ 68,944
Cost of revenue:  
Amortization expense8,5165,809
Total cost of revenue28,66320,806
Gross profit56,02848,138
Operating expenses:  
Sales and marketing30,94125,549
Research and development20,46721,702
General and administrative16,23114,455
Depreciation and amortization4,3884,365
Total operating expenses72,02766,071
Loss from operations(15,999)(17,933)
Other expense:  
Interest expense(3,636)(396)
Other expense, net(804)(872)
Total other expense(4,440)(1,268)
Loss before income taxes(20,439)(19,201)
Benefit for income taxes1813,267
Net loss$ (20,258)$ (15,934)
Net loss per share:  
Basic (in dollars per share)$ (0.24)$ (0.20)
Diluted (in dollars per share)$ (0.24)$ (0.20)
Weighted-average shares used in computing net loss per share:  
Basic (in shares)83,82281,339
Diluted (in shares)83,82281,339
Subscription  
Revenue:  
Total revenue$ 80,200$ 64,216
Cost of revenue:  
Cost of revenue (exclusive of amortization shown below)13,3889,414
Professional services and other  
Revenue:  
Total revenue4,4914,728
Cost of revenue:  
Cost of revenue (exclusive of amortization shown below)$ 6,759$ 5,583

PING Balance Sheet

2022-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 213,286$ 220,607
Accounts receivable, net of allowances of $526 and $610 at March 31, 2022 and December 31, 2021, respectively74,26582,969
Contract assets, current (net of allowance)61,46867,540
Deferred commissions, current10,82910,460
Prepaid expenses21,08416,654
Other current assets2,0552,914
Total current assets382,987401,144
Noncurrent assets:  
Property and equipment, net8,9559,396
Goodwill527,933528,548
Intangible assets, net183,289190,077
Contract assets, noncurrent (net of allowance)5,5653,457
Deferred commissions, noncurrent19,41119,380
Deferred income taxes, net3,0896,201
Operating lease right-of-use assets12,93713,709
Other noncurrent assets8,9626,121
Total noncurrent assets770,141776,889
Total assets1,153,1281,178,033
Current liabilities:  
Accounts payable9,6654,528
Accrued expenses and other current liabilities9,82210,305
Accrued compensation16,79629,258
Deferred revenue, current70,44671,957
Operating lease liabilities, current4,3724,330
Current portion of long-term debt (net of issuance costs)1,8821,132
Total current liabilities112,983121,510
Noncurrent liabilities:  
Deferred revenue, noncurrent4,2985,584
Long-term debt (net of issuance costs)290,680291,154
Deferred income taxes, net7774,240
Operating lease liabilities, noncurrent13,07714,140
Total noncurrent liabilities308,832315,118
Total liabilities421,815436,628
Commitments and contingencies (Note 14)
Stockholders' equity:  
Preferred stock; $0.001 par value; 50,000,000 shares authorized at March 31, 2022 and December 31, 2021; no shares issued or outstanding at March 31, 2022 or December 31, 2021
Common stock; $0.001 par value; 500,000,000 shares authorized at March 31, 2022 and December 31, 2021; 84,016,147 and 83,754,449 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively8484
Additional paid-in capital835,454824,455
Accumulated other comprehensive income (loss)(181)652
Accumulated deficit(104,044)(83,786)
Total stockholders' equity731,313741,405
Total liabilities and stockholders' equity$ 1,153,128$ 1,178,033