Financial Comparison: SendGrid (SEND) versus Its Competitors

SendGrid (NYSE: SEND) is one of 103 publicly-traded companies in the “Enterprise Software” industry, but how does it compare to its peers? We will compare SendGrid to related companies based on the strength of its institutional ownership, profitability, risk, valuation, analyst recommendations, earnings and dividends.

Valuation and Earnings

This table compares SendGrid and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
SendGrid N/A N/A -233.27
SendGrid Competitors $1.72 billion $283.04 million 21.93

SendGrid’s peers have higher revenue and earnings than SendGrid. SendGrid is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares SendGrid and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SendGrid N/A N/A N/A
SendGrid Competitors -19.77% -22.07% -5.17%

Analyst Ratings

This is a summary of current recommendations for SendGrid and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SendGrid 0 1 5 0 2.83
SendGrid Competitors 399 2271 4206 124 2.58

SendGrid presently has a consensus target price of $25.33, indicating a potential downside of 1.27%. As a group, “Enterprise Software” companies have a potential upside of 2.62%. Given SendGrid’s peers higher possible upside, analysts plainly believe SendGrid has less favorable growth aspects than its peers.

Insider and Institutional Ownership

60.6% of shares of all “Enterprise Software” companies are held by institutional investors. 22.1% of shares of all “Enterprise Software” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

SendGrid peers beat SendGrid on 6 of the 11 factors compared.

SendGrid Company Profile

SendGrid, Inc. provides a digital communication platform. The Company’s platform enables businesses to engage with their customers through email. It offers three services: Email application programming interface (API), marketing campaigns and Expert services. Its email API service allows developers to use its API in their preferred development framework to leverage its platform to add email functionality to their applications. Its marketing campaigns service allows marketers to upload and manage customer contact lists, create and test email templates, and then execute and analyze multi-faceted email campaigns. Its Expert services help businesses optimize their email delivery. The features of email API include integrations, documentations, internet protocol (IP) management, deliverability, reporting and analytics, mobile support and security. Its marketing campaign services include segmentation and contact management tools, A/B testing, email template editor and analytics and reporting.

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