Cantor Fitzgerald Weighs in on Sprout Social FY2025 Earnings

Sprout Social, Inc. (NASDAQ:SPT - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Sprout Social in a research note issued on Tuesday, June 3rd. Cantor Fitzgerald analyst M. Vanvliet forecasts that the company will post earnings per share of ($0.79) for the year. Cantor Fitzgerald has a "Neutral" rating and a $24.00 price target on the stock. The consensus estimate for Sprout Social's current full-year earnings is ($0.99) per share.

Sprout Social (NASDAQ:SPT - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.07. The business had revenue of $109.29 million for the quarter, compared to the consensus estimate of $107.63 million. Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. The business's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 earnings per share.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity Group decreased their price target on shares of Sprout Social from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Barclays lowered their price objective on Sprout Social from $34.00 to $26.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Morgan Stanley dropped their target price on Sprout Social from $30.00 to $22.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Stifel Nicolaus reduced their price target on Sprout Social from $45.00 to $34.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Finally, Oppenheimer lowered their price target on shares of Sprout Social from $38.00 to $32.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Sprout Social presently has an average rating of "Hold" and an average price target of $30.00.

Sprout Social Price Performance

NASDAQ SPT traded down $0.16 during mid-day trading on Thursday, hitting $21.86. The stock had a trading volume of 443,856 shares, compared to its average volume of 628,975. Sprout Social has a twelve month low of $18.52 and a twelve month high of $39.75. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.96. The firm's 50 day moving average is $21.27 and its 200 day moving average is $27.19. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -18.22 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SPT. Versant Capital Management Inc lifted its holdings in Sprout Social by 1,319.4% during the 1st quarter. Versant Capital Management Inc now owns 1,462 shares of the company's stock worth $32,000 after buying an additional 1,359 shares in the last quarter. Quarry LP raised its stake in shares of Sprout Social by 85.2% in the first quarter. Quarry LP now owns 1,463 shares of the company's stock valued at $32,000 after acquiring an additional 673 shares in the last quarter. US Bancorp DE boosted its holdings in Sprout Social by 2,392.6% in the fourth quarter. US Bancorp DE now owns 1,695 shares of the company's stock valued at $52,000 after purchasing an additional 1,627 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Sprout Social during the 1st quarter worth $47,000. Finally, KBC Group NV increased its holdings in Sprout Social by 77.1% during the 4th quarter. KBC Group NV now owns 2,525 shares of the company's stock worth $78,000 after purchasing an additional 1,099 shares during the period.

Insider Buying and Selling at Sprout Social

In related news, Director Aaron Edward Frederick Rankin sold 23,646 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $24.58, for a total value of $581,218.68. Following the sale, the director now owns 42,122 shares in the company, valued at approximately $1,035,358.76. The trade was a 35.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Justyn Russell Howard sold 40,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $21.65, for a total value of $866,000.00. Following the transaction, the insider now owns 7,417 shares of the company's stock, valued at $160,578.05. This trade represents a 84.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 176,021 shares of company stock valued at $3,738,636 over the last 90 days. 10.12% of the stock is owned by insiders.

About Sprout Social

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.