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NASDAQ:SPT

Sprout Social (SPT) Stock Price, News & Analysis

Sprout Social logo
$32.06 -0.39 (-1.20%)
(As of 12/23/2024 05:45 PM ET)

About Sprout Social Stock (NASDAQ:SPT)

Key Stats

Today's Range
$31.86
$32.95
50-Day Range
$26.49
$36.24
52-Week Range
$25.05
$68.41
Volume
438,195 shs
Average Volume
729,814 shs
Market Capitalization
$1.84 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$45.46
Consensus Rating
Hold

Company Overview

Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action. It offers integrated tools, such as social engagement/response; publishing; reporting and analytics; social listening and business intelligence; reputation management; social commerce; employee advocacy; and automation and workflows. In addition, the company provides smart inbox, social customer relationship management, social monitoring and alerts, customer service tools, and automation; and centralized content planning, creation, and publishing, automated scheduling, content performance reporting, suggested content, message approval workflows, publishing permissions and governance, and content and asset libraries. Further, it offers social media; content performance, customer service and team, custom report builder, and reporting API; and market research, brand health, competitive insights, consumer trends, and product feedback; and social commerce, reputation management, employee advocacy, mobile applications, and chat bot creation and management. Additionally, the company offers professional services consisting of consulting and training services. It serves social and community management; public relations; marketing; influencer marketing; customer service and care; commerce, sales and customer acquisition; recruiting and hiring, product development, and business strategy; and small-and-medium-sized businesses, mid-market companies, enterprises, marketing agencies, government, non-profit, and educational institutions. Sprout Social, Inc. was incorporated in 2010 and is headquartered in Chicago, Illinois.

Sprout Social Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
47th Percentile Overall Score

SPT MarketRank™: 

Sprout Social scored higher than 47% of companies evaluated by MarketBeat, and ranked 397th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sprout Social has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Sprout Social has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Sprout Social's stock forecast and price target.
  • Earnings Growth

    Earnings for Sprout Social are expected to grow in the coming year, from ($0.98) to ($0.85) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sprout Social is -26.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sprout Social is -26.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Sprout Social has a P/B Ratio of 12.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.02% of the outstanding shares of Sprout Social have been sold short.
  • Short Interest Ratio / Days to Cover

    Sprout Social has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Sprout Social has recently decreased by 1.52%, indicating that investor sentiment is improving.
  • Dividend Yield

    Sprout Social does not currently pay a dividend.

  • Dividend Growth

    Sprout Social does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.02% of the outstanding shares of Sprout Social have been sold short.
  • Short Interest Ratio / Days to Cover

    Sprout Social has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Sprout Social has recently decreased by 1.52%, indicating that investor sentiment is improving.
  • News Sentiment

    Sprout Social has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Sprout Social this week, compared to 9 articles on an average week.
  • Search Interest

    Only 1 people have searched for SPT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Sprout Social to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sprout Social insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,676,279.00 in company stock.

  • Percentage Held by Insiders

    10.97% of the stock of Sprout Social is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about Sprout Social's insider trading history.
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SPT Stock News Headlines

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SPT Stock Analysis - Frequently Asked Questions

Sprout Social's stock was trading at $61.44 at the beginning of 2024. Since then, SPT shares have decreased by 47.8% and is now trading at $32.06.
View the best growth stocks for 2024 here
.

Sprout Social, Inc. (NASDAQ:SPT) issued its quarterly earnings results on Thursday, November, 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.06. The firm earned $102.64 million during the quarter, compared to analysts' expectations of $102.04 million. Sprout Social had a negative trailing twelve-month return on equity of 40.94% and a negative net margin of 17.24%.

Sprout Social (SPT) raised $150 million in an initial public offering on Friday, December 13th 2019. The company issued 8,800,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs and Morgan Stanley served as the underwriters for the IPO and KeyBanc Capital Markets, William Blair, Canaccord Genuity and Stifel were co-managers.

Sprout Social's top institutional shareholders include Wellington Management Group LLP (6.59%), Baillie Gifford & Co. (6.54%), Jennison Associates LLC (3.79%) and Wasatch Advisors LP (3.43%). Insiders that own company stock include Ryan Paul Barretto, Preto Joseph Del, Jamie Cannon Gilpin, Aaron Edward Frederick Rankin, Aaron Edward Frederick Rankin, Karen Walker, Justyn Russell Howard and William Thomas Stanley.
View institutional ownership trends
.

Shares of SPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sprout Social investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD), Advanced Micro Devices (AMD) and Adobe (ADBE).

Company Calendar

Last Earnings
11/07/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:SPT
Fax
N/A
Employees
1,383
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.46
High Stock Price Target
$76.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+41.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$-66,430,000.00
Pretax Margin
-16.79%

Debt

Sales & Book Value

Annual Sales
$392.40 million
Book Value
$2.56 per share

Miscellaneous

Free Float
51,102,000
Market Cap
$1.84 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:SPT) was last updated on 12/24/2024 by MarketBeat.com Staff
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