Sprout Social Inc [SPT] stock prices are up 2.06% to $32.27 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SPT shares have gain 1.86% over the last week, with a monthly amount drifted -4.89%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sprout Social Inc [NASDAQ: SPT] stock has seen the most recent analyst activity on November 19, 2024, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $28. Previously, KeyBanc Capital Markets downgraded its rating to Underweight on August 22, 2024, and kept the price target unchanged to $28. On May 03, 2024, downgrade downgraded it’s rating to Mkt Perform. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $45 on May 03, 2024. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $40 on May 03, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on May 03, 2024. In a note dated May 03, 2024, Goldman downgraded an Neutral rating on this stock and revised its target price from $80 to $44.
The stock price of Sprout Social Inc [SPT] has been fluctuating between $25.05 and $68.41 over the past year. Currently, Wall Street analysts expect the stock to reach $50.67 within the next 12 months. Sprout Social Inc [NASDAQ: SPT] shares were valued at $32.27 at the most recent close of the market. An investor can expect a potential return of 57.02% based on the average SPT price forecast.
Analyzing the SPT fundamentals
The Sprout Social Inc [NASDAQ:SPT] reported sales of 392.40M for trailing twelve months, representing a surge of 20.00%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.45 and Total Capital is -0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 31.24 points at the first support level, and at 30.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.34, and for the 2nd resistance point, it is at 34.41.
Ratios To Look Out For
It’s worth pointing out that Sprout Social Inc [NASDAQ:SPT]’s Current Ratio is 0.86. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 4.72, the price to book ratio is 11.72.
Transactions by insiders
Recent insider trading involved Howard Justyn Russell, Executive Chair, that happened on Jan 15 ’25 when 40000.0 shares were sold. Director, Walker Karen completed a deal on Jan 13 ’25 to sell 5000.0 shares. Meanwhile, CFO and Treasurer Del Preto Joseph sold 1500.0 shares on Jan 02 ’25.
