Market Recap Check: Sprinklr Inc (CXM)’s Negative Finish at 7.54, Up/Down -1.31

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The price of Sprinklr Inc (NYSE: CXM) closed at $7.54 in the last session, down -1.31% from day before closing price of $7.64. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 1.14 million shares were traded. CXM stock price reached its highest trading level at $7.645 during the session, while it also had its lowest trading level at $7.54.

Ratios:

We take a closer look at CXM’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 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.

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 the company, DA Davidson on June 06, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $16 previously.

On June 06, 2024, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $16 to $10.

On March 21, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $19.KeyBanc Capital Markets initiated its Overweight rating on March 21, 2024, with a $19 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 Sep 18 ’24 when Adams Diane sold 12,915 shares for $7.83 per share. The transaction valued at 101,124 led to the insider holds 376,942 shares of the business.

Scott Jacob sold 2,963 shares of CXM for $23,200 on Sep 16 ’24. The GENERAL COUNSEL AND CORP. SEC. now owns 355,190 shares after completing the transaction at $7.83 per share. On Sep 17 ’24, another insider, Scott Jacob, who serves as the GENERAL COUNSEL AND CORP. SEC. of the company, sold 749 shares for $7.84 each. As a result, the insider received 5,872 and left with 354,441 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, CXM now has a Market Capitalization of 1911148672 and an Enterprise Value of 1493906304. As of this moment, Sprinklr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.89, and their Forward P/E ratio for the next fiscal year is 18.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 1.931 whereas that against EBITDA is 34.343.

Stock Price History:

Over the past 52 weeks, CXM has reached a high of $17.14, while it has fallen to a 52-week low of $7.23. The 50-Day Moving Average of the stock is -13.71%, while the 200-Day Moving Average is calculated to be -31.43%.

Shares Statistics:

According to the various share statistics, CXM traded on average about 1.70M shares per day over the past 3-months and 1941920 shares per day over the past 10 days. A total of 151.14M shares are outstanding, with a floating share count of 106.04M. Insiders hold about 58.16% of the company’s shares, while institutions hold 43.35% stake in the company. Shares short for CXM as of 1724976000 were 8122877 with a Short Ratio of 4.11, compared to 1722384000 on 8403122. Therefore, it implies a Short% of Shares Outstanding of 8122877 and a Short% of Float of 7.550000399999999.

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