Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Sprout Social Inc’s stock clocked out at $51.29, up 0.61% from its previous closing price of $50.98. In other words, the price has increased by $0.61 from its previous closing price. On the day, 0.75 million shares were traded. SPT stock price reached its highest trading level at $52.2 during the session, while it also had its lowest trading level at $50.78.
Ratios:
To gain a deeper understanding of SPT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 663.02. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 2899813632 and an Enterprise Value of 2864698112. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.70 while its Price-to-Book (P/B) ratio in mrq is 20.00. Its current Enterprise Value per Revenue stands at 8.586 whereas that against EBITDA is -49.114.
Stock Price History:
The Beta on a monthly basis for SPT is 1.09, which has changed by 0.021916747 over the last 52 weeks, in comparison to a change of 0.23061275 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 -13.27%, while the 200-Day Moving Average is calculated to be -6.12%.
Shares Statistics:
It appears that SPT traded 599.27K shares on average per day over the past three months and 714300 shares per day over the past ten days. A total of 49.24M shares are outstanding, with a floating share count of 48.14M. Insiders hold about 14.97% of the company’s shares, while institutions hold 106.69% stake in the company. Shares short for SPT as of 1711584000 were 8768874 with a Short Ratio of 14.63, compared to 1709164800 on 8691394. Therefore, it implies a Short% of Shares Outstanding of 8768874 and a Short% of Float of 20.0.
Earnings Estimates
The dynamic stock of Sprout Social Inc (SPT) is currently attracting attention from 13 analysts actively involved in rating its market status.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.02 and a low estimate of $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 analysts recommending between $0.79 and $0.41.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $97.31M. 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 $75.21M, an estimated increase of 29.40% from the year-ago figure.
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 $333.64M, up 27.60% from the average estimate. Based 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. The average revenue growth estimate for next year is up 27.10% from the average revenue estimate for this year.
