Sprout Social Inc (NASDAQ: SPT) kicked off on November 20, 2023, at the price of $54.00, up 3.02% from the previous trading day. During the day, the shares moved up to $56.295 and dropped to $53.64 before settling in for the closing price of $53.73. Over the past 52 weeks, SPT has traded in a range of $37.00-$74.07.
Technology Sector giant saw their annual sales surged by 42.41% over the last five years. While this was happening, its average annual earnings per share was recorded 333.42%. With a float of $47.27 million, this company’s outstanding shares have now reached $47.56 million.
The firm has a total of 1141 workers. Let’s measure their productivity. In terms of profitability, gross margin is +76.42, operating margin of -20.36, and the pretax margin is -19.65.
Sprout Social Inc (SPT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Sprout Social Inc is 15.57%, while institutional ownership is 105.47%. The most recent insider transaction that took place on Nov 09, was worth 949,660. In this transaction Chairman and CEO of this company sold 20,000 shares at a rate of $47.48, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 08, when Company’s Chairman and CEO sold 20,000 for $49.98, making the entire transaction worth $999,505. This insider now owns 0 shares in total.
Sprout Social Inc (SPT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.01 earnings per share (EPS), higher than consensus estimate (set at -$0.05) by $0.04. This company achieved a net margin of -19.79 while generating a return on equity of -34.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 333.42% per share during the next fiscal year.
Sprout Social Inc (NASDAQ: SPT) Trading Performance Indicators
Take a look at Sprout Social Inc’s (SPT) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.01. Likewise, its price to free cash flow for the trailing twelve months is 331.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.22 in one year’s time.
Technical Analysis of Sprout Social Inc (SPT)
Analysing the last 5-days average volume posted by the [Sprout Social Inc, SPT], we can find that recorded value of 0.94 million was better than the volume posted last year of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 76.22%. Additionally, its Average True Range was 2.95.
During the past 100 days, Sprout Social Inc’s (SPT) raw stochastic average was set at 80.69%, which indicates a significant decrease from 92.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.66% in the past 14 days, which was higher than the 56.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.55, while its 200-day Moving Average is $51.24. Now, the first resistance to watch is $56.55. This is followed by the second major resistance level at $57.75. The third major resistance level sits at $59.20. If the price goes on to break the first support level at $53.90, it is likely to go to the next support level at $52.44. Now, if the price goes above the second support level, the third support stands at $51.24.
Sprout Social Inc (NASDAQ: SPT) Key Stats
The company with the Market Capitalisation of 3.10 billion has total of 55,994K Shares Outstanding. Its annual sales at the moment are 253,830 K in contrast with the sum of -50,240 K annual income. Company’s last quarter sales were recorded 85,530 K and last quarter income was -23,010 K.