Dow Jumps 350 Points; Crude Oil Drops Over 2%
U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 350 points on Wednesday.
Ping Identity Stock Is Skyrocketing: What’s Happening?
Ping Identity Holding Corp (NYSE: PING) shares are trading higher by 60.3% to $28.00 Wednesday morning after the company announced it will be acquired by Thoma Bravo for $28.50 per share in cash.
What Happened?
Ping Identity Holding Q2 EPS $(0.34) Down From $0.11 YoY, Sales $72.00M Miss $73.19M Estimate
Ping Identity Holding (NYSE:PING) reported quarterly losses of $(0.34) per share. This is a 409.09 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales
A Preview Of Ping Identity Holding’s Earnings
Ping Identity Holding (NYSE:PING) is set to give its latest quarterly earnings report on Wednesday, 2022-08-03. Here's what investors need to know before the announcement.
Analysts estimate that Ping Identity Holding will report an earnings per share (EPS) of $-0.11.
RBC Capital Maintains Outperform on Ping Identity Holding, Lowers Price Target to $25
RBC Capital analyst Matthew Hedberg maintains Ping Identity Holding (NYSE:PING) with a Outperform and lowers the price target from $33 to $25.
Mizuho Maintains Neutral on Ping Identity Holding, Lowers Price Target to $25
Mizuho analyst Gregg Moskowitz maintains Ping Identity Holding (NYSE:PING) with a Neutral and lowers the price target from $29 to $25.
Expert Ratings for Ping Identity Holding
Analysts have provided the following ratings for Ping Identity Holding (NYSE:PING) within the last quarter:
Barclays Maintains Overweight on Ping Identity Holding, Lowers Price Target to $26
Barclays analyst Saket Kalia maintains Ping Identity Holding (NYSE:PING) with a Overweight and lowers the price target from $30 to $26.
Argyle Announces Integration With Ping Identity
NEW YORK--(BUSINESS WIRE)-- Argyle, the leading employment data platform that provides companies access to user-permissioned employment records in real time, announced a new integration with Ping Identity (NYSE:PING),
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