Sprout Social Inc (SPT) shares projected to rise by 129.68%

A share price of Sprout Social Inc [SPT] is currently trading at $28.30, down -0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPT shares have lost -0.11% over the last week, with a monthly amount glided 9.22%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Sprout Social Inc [NASDAQ: SPT] stock has seen the most recent analyst activity on August 22, 2024, when KeyBanc Capital Markets downgraded its rating to a Underweight but kept the price target unchanged to $28 for it. Previously, William Blair downgraded its rating to Mkt Perform on May 03, 2024. On May 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $45 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $40 on May 03, 2024. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Goldman downgraded its rating to Neutral for this stock on May 03, 2024, and downed its price target to $44. In a note dated May 03, 2024, BTIG Research downgraded an Neutral rating on this stock.

Sprout Social Inc experienced fluctuations in its stock price throughout the past year between $25.05 and $68.41. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Sprout Social Inc [NASDAQ: SPT] shares were valued at $28.30 at the most recent close of the market. An investor can expect a potential return of 129.68% based on the average SPT price forecast.

Analyzing the SPT fundamentals

Trailing Twelve Months sales for Sprout Social Inc [NASDAQ:SPT] were 375.30M which represents 25.32% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.5 and Total Capital is -0.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.66 points at the first support level, and at 27.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.02, and for the 2nd resistance point, it is at 29.74.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sprout Social Inc [NASDAQ:SPT] is 0.89. Also, the Quick Ratio is 0.89, while the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 4.31, the price to book ratio is 10.62.

Transactions by insiders

Recent insider trading involved Del Preto Joseph, CFO and Treasurer, that happened on Oct 07 ’24 when 1500.0 shares were sold. Executive Chair, Howard Justyn Russell completed a deal on Oct 07 ’24 to sell 20000.0 shares. Meanwhile, CEO Barretto Ryan Paul sold 16800.0 shares on Oct 07 ’24.

Related Posts