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In the latest session, Sprout Social Inc (NASDAQ: SPT) closed at $32.59 up 0.87% from its previous closing price of $32.31. In other words, the price has increased by $0.87 from its previous closing price. On the day, 1.01 million shares were traded. SPT stock price reached its highest trading level at $32.71 during the session, while it also had its lowest trading level at $31.82.
Ratios:
For a deeper understanding of Sprout Social Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 281.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.40.
On May 03, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $72 to $45.
Piper Sandler Downgraded its Overweight to Neutral on May 03, 2024, whereas the target price for the stock was revised from $66 to $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 06 ’24 when Howard Justyn Russell sold 20,000 shares for $28.50 per share. The transaction valued at 569,922 led to the insider holds 0 shares of the business.
Del Preto Joseph sold 1,500 shares of SPT for $42,767 on May 06 ’24. The CFO and Treasurer now owns 171,144 shares after completing the transaction at $28.51 per share. On Apr 08 ’24, another insider, Howard Justyn Russell, who serves as the Chairman and CEO of the company, sold 20,000 shares for $56.52 each. As a result, the insider received 1,130,325 and left with 0 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 1842573440 and an Enterprise Value of 1811419776. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.19 while its Price-to-Book (P/B) ratio in mrq is 12.50. Its current Enterprise Value per Revenue stands at 5.1 whereas that against EBITDA is -31.072.
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 $25.68. The 50-Day Moving Average of the stock is -26.82%, while the 200-Day Moving Average is calculated to be -37.84%.
Shares Statistics:
For the past three months, SPT has traded an average of 1.13M shares per day and 1041100 over the past ten days. A total of 49.24M shares are outstanding, with a floating share count of 48.12M. Insiders hold about 14.96% of the company’s shares, while institutions hold 105.11% stake in the company. Shares short for SPT as of 1715731200 were 4477831 with a Short Ratio of 3.96, compared to 1713139200 on 8774901. Therefore, it implies a Short% of Shares Outstanding of 4477831 and a Short% of Float of 10.2.
