In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Sprout Social Inc (NASDAQ: SPT) closed at $28.82 down -40.15% from its previous closing price of $48.15. In other words, the price has decreased by -$40.15 from its previous closing price. On the day, 13.46 million shares were traded. SPT stock price reached its highest trading level at $34.5 during the session, while it also had its lowest trading level at $27.85.
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 16.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 248.78. 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 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 1629404928 and an Enterprise Value of 1598249856. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 11.06. Its current Enterprise Value per Revenue stands at 4.499 whereas that against EBITDA is -27.415.
Stock Price History:
The Beta on a monthly basis for SPT is 1.09, which has changed by 0.19360435 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. 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 -49.24%, while the 200-Day Moving Average is calculated to be -47.21%.
Shares Statistics:
For the past three months, SPT has traded an average of 638.03K shares per day and 689130 over the past ten days. A total of 49.24M shares are outstanding, with a floating share count of 48.14M. Insiders hold about 14.84% of the company’s shares, while institutions hold 108.55% stake in the company. Shares short for SPT as of 1713139200 were 8774901 with a Short Ratio of 13.75, compared to 1710460800 on 8707742. Therefore, it implies a Short% of Shares Outstanding of 8774901 and a Short% of Float of 20.01.
Earnings Estimates
The stock of Sprout Social Inc (SPT) is currently being evaluated by 13.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $0.0 for the current quarter, with a high estimate of $0.02 and a low estimate of $0.0, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.04, with high estimates of $0.07 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.24 and $0.22 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is $0.54, with 12.0 analysts recommending between $0.79 and $0.41.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $96.78M this quarter.It ranges from a high estimate of $97.5M to a low estimate of $97.2M. As of the current estimate, Sprout Social Inc’s year-ago sales were $75.21MFor the next quarter, 13 analysts are estimating revenue of $101.61M. There is a high estimate of $102.9M for the next quarter, whereas the lowest estimate is $100.59M.
A total of 14 analysts have provided revenue estimates for SPT’s current fiscal year. The highest revenue estimate was $426.5M, while the lowest revenue estimate was $425.28M, resulting in an average revenue estimate of $425.57M. In the same quarter a year ago, actual revenue was $333.64MBased on 13 analysts’ estimates, the company’s revenue will be $540.88M in the next fiscal year. The high estimate is $549.4M and the low estimate is $528.66M.
