Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Sprout Social Inc (NASDAQ: SPT) closed at $49.91 in the last session, down -1.07% from day before closing price of $50.45. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 0.76 million shares were traded. SPT stock price reached its highest trading level at $51.72 during the session, while it also had its lowest trading level at $48.71.
Ratios:
We take a closer look at SPT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 645.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on April 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $76.
On March 21, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $83.
On February 07, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $76.Jefferies initiated its Buy rating on February 07, 2024, with a $76 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 08 ’24 when Howard Justyn Russell sold 20,000 shares for $56.52 per share. The transaction valued at 1,130,325 led to the insider holds 0 shares of the business.
Rankin Aaron Edward Frederick sold 22,000 shares of SPT for $1,252,800 on Apr 04 ’24. The Director now owns 0 shares after completing the transaction at $56.95 per share. On Apr 04 ’24, another insider, Barretto Ryan Paul, who serves as the President of the company, sold 5,600 shares for $56.95 each. As a result, the insider received 318,936 and left with 198,175 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPT now has a Market Capitalization of 2821791488 and an Enterprise Value of 2787072768. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.47 while its Price-to-Book (P/B) ratio in mrq is 19.47. Its current Enterprise Value per Revenue stands at 8.353 whereas that against EBITDA is -47.784.
Stock Price History:
Over the past 52 weeks, SPT has reached a high of $68.41, while it has fallen to a 52-week low of $37.00. The 50-Day Moving Average of the stock is -12.95%, while the 200-Day Moving Average is calculated to be -8.68%.
Shares Statistics:
According to the various share statistics, SPT traded on average about 616.73K shares per day over the past 3-months and 631360 shares per day over the past 10 days. A total of 49.24M shares are outstanding, with a floating share count of 48.14M. Insiders hold about 14.97% of the company’s shares, while institutions hold 107.87% stake in the company. Shares short for SPT as of 1713139200 were 8774901 with a Short Ratio of 14.23, compared to 1710460800 on 8707742. Therefore, it implies a Short% of Shares Outstanding of 8774901 and a Short% of Float of 20.01.
