Stock Surge: Sprout Social Inc (SPT) Closes at 28.76, Marking a -0.72 Increase/Decrease

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In the latest session, Sprout Social Inc (NASDAQ: SPT) closed at $28.76 down -0.72% from its previous closing price of $28.97. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 0.54 million shares were traded. SPT stock price reached its highest trading level at $29.32 during the session, while it also had its lowest trading level at $28.3.

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 17.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 93.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.27.

Robert W. Baird Downgraded its Outperform to Neutral on May 03, 2024, whereas the target price for the stock was revised from $72 to $45.

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 Nov 04 ’24 when Del Preto Joseph sold 1,500 shares for $27.63 per share. The transaction valued at 41,439 led to the insider holds 157,114 shares of the business.

Del Preto Joseph sold 1,500 shares of SPT for $42,411 on Oct 07 ’24. The CFO and Treasurer now owns 158,614 shares after completing the transaction at $28.27 per share. On Oct 07 ’24, another insider, Howard Justyn Russell, who serves as the Executive Chair of the company, sold 20,000 shares for $28.23 each. As a result, the insider received 564,560 and left with 7,417 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 1650798080 and an Enterprise Value of 1606035456. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.21 while its Price-to-Book (P/B) ratio in mrq is 10.44. Its current Enterprise Value per Revenue stands at 4.093 whereas that against EBITDA is -29.249.

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 $25.05. The 50-Day Moving Average of the stock is 2.45%, while the 200-Day Moving Average is calculated to be -27.90%.

Shares Statistics:

For the past three months, SPT has traded an average of 503.88K shares per day and 745990 over the past ten days. A total of 49.24M shares are outstanding, with a floating share count of 48.89M. Insiders hold about 14.14% of the company’s shares, while institutions hold 95.84% stake in the company. Shares short for SPT as of 1730332800 were 4863208 with a Short Ratio of 9.65, compared to 1727654400 on 5239365. Therefore, it implies a Short% of Shares Outstanding of 4863208 and a Short% of Float of 10.82.

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