SendGrid stock: buy or sell?
January 31st, 2019
SendGrid, Inc. operates as a digital communication platform in the United States and internationally. Its cloud-based platform provides various tools to the businesses, including developers and marketers to reach their customers using an email.
Should I buy SendGrid stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, 2 buy setups match with SendGrid stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is SendGrid stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for SEND stock for the last month.
SendGrid stock analysis
SendGrid shares skyrocketed 7.51% and reached a new all time high at $54.94.
SendGrid skyrocketed 7.51% to $54.08 after reaching all time highs . SEND shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom , SEND climbed unceasignly breaking out to new all time highs. SEND price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.
SendGrid ended this week at $54.08 after reaching a new all time high ($54.94) and rocketed a dazzling 10.23%. By mid December 2018 SEND plunged a spooky -19.89% in just one week.
SendGrid stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Late December 2018 SEND price bounced up over the SMA of 20 weeks that acted as support stopping new slides. Since SMA10d and SMA20w crossed up early August, SEND price climbed $25.60 per share (89.89%).
SendGrid stock price history
SendGrid stock went public on November 15th, 2017 with a price of $18.551. Since then, SEND stock surged a 191.50%, with an average of 95.80% per year. If you had invested right after SEND's IPO a $1,000 in SendGrid stock in 2017, it would worth $1,915.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SendGrid stock historical price chart
SEND stock reached all-time highs with a price of $54.94.
SendGrid stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for SendGrid stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSendGrid disappointed experts when it posted an Earnings per Share (EPS) of $-0.02 when the market consensus was $-0.03.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2017, SendGrid annual sales boosted an amazing 39.98% to $111.89 million USD from $79.93 marked in 2016. When comparing 2017 vs 2016, in contrary, profit margin (that is, the net income divided by revenues) stayed stable a -0.70% to -5.59%. To have an updated view of the financial situation of SendGrid, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual SendGrid TTM sales up to September 2018 were $137.17 and earnings were $-5.53 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem SendGrid business evolution since December 2017: Annual revenues up to September, compared to lastest yearly report, skyrocketed an exceptional 22.60%. Regarding profit margin, SendGrid grew 1.56% to -5.59%
|2014||$43 M||-||$-12.96 M-30.3%||-|
|2015||$58 M||36.70%||$-5.85 M-10.0%||-54.83%|
|2016||$80 M||36.69%||$-3.91 M-4.9%||-33.24%|
|2017||$112 M||39.98%||$-6.25 M-5.6%||60.01%|
|TTM||$137 M||22.60%||$-5.53 M-4.0%||-11.53%|
Quarterly financial resultsSendGrid posted $37.20 million in revenues for 2018-Q3, a 4.27% up compared to previous quarter. Reported quarter earnings marked $-2.42 million with a profit margin of -6.51%. Profit margin slipped a -5.64% compared to previous quarter when profit margin was -0.87%. When comparing sales to same quarter last year, SendGrid sales marked an outstanding gain and climbed a 31.37%. Looking back to recent quarterly results, SendGrid posted 7 positive quarters in a row.
|2016-Q4||$23 M||-||$-0.43 M-1.8%||-|
|2017-Q1||$25 M||7.63%||$-1.80 M-7.2%||323.53%|
|2017-Q2||$27 M||8.78%||$-1.33 M-4.9%||-26.11%|
|2017-Q3||$28 M||4.84%||$-1.59 M-5.6%||19.77%|
|2017-Q4||$32 M||12.05%||$-1.53 M-4.8%||-4.21%|
|2018-Q1||$33 M||2.65%||$-1.27 M-3.9%||-16.58%|
|2018-Q2||$36 M||9.54%||$-0.31 M-0.9%||-75.65%|
|2018-Q3||$37 M||4.27%||$-2.42 M-6.5%||681.61%|
SendGrid ownershipWhen you are planning to invest in a company, it's worth to overview its ownership structure.
SendGrid shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, January 31st, 2019|
|Day range||$50.25 - $54.94|
|Average true range||$2.22|
|50d mov avg||$44.07|
|100d mov avg||$39.82|
|200d mov avg||$34.06|
SendGrid performanceTo better understand SendGrid performance you must compare its gains with other related stocks in same sector or industry. For SendGrid, the comparison is made against .