Stock in Focus: SVMK Inc. (SVMK)

Company Profile:

SVMK Inc. provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories. The company offers SurveyMonkey CX, a net promoter score solution that transforms customer feedback into actionable insights; TechValidate, a marketing content automation solution; and SurveyMonkey Engage, an employee-focused solution, which measures employee experiences within an organization. The company was formerly known as SurveyMonkey Inc. and changed its name to SVMK Inc. in March 2013. The company was founded in 1999 and is headquartered in San Mateo, California.

Recent News:

For the first quarter ended March 31, 2019, the company reported that revenue was $68.6 million for 17% year-over-year growth. Paying users totaled 670,862 compared to 610,457 in Q1 2018. Average revenue per user was $423 compared to $390 in Q1 2018.

On April 3, 2019, the company announced that it has completed its acquisition of Usabilla, a leading global Voice of Customer (VoC) technology provider.

On April 2, 2019, the company announced that it has expanded the survey text analysis capabilities of its product platform with new AI-based features that utilize machine learning and natural language processing technology.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

SVMK’s strengths can be seen in its better growth and strong profitability. Its revenue has increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic oscillator, the MACD is trying to cross back up and the RSI(14) stands at 49.18 with positive bias. We rate SVMK Inc. (SVMK) a STRONG BUY.

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