Cantor Fitzgerald Estimates Sprout Social FY2025 Earnings

Sprout Social, Inc. (NASDAQ:SPT - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Sprout Social in a report issued on Tuesday, June 3rd. Cantor Fitzgerald analyst M. Vanvliet expects that the company will post earnings per share of ($0.79) for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $24.00 target price 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 issued its quarterly earnings data on Thursday, May 8th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.07. Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. The business had revenue of $109.29 million during the quarter, compared to analysts' expectations of $107.63 million. During the same period last year, the company posted $0.10 EPS. The company's revenue was up 12.9% on a year-over-year basis.

A number of other brokerages have also issued reports on SPT. The Goldman Sachs Group decreased their target price on shares of Sprout Social from $29.00 to $23.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Morgan Stanley decreased their target price on shares of Sprout Social from $30.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Scotiabank decreased their target price on shares of Sprout Social from $28.00 to $25.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 27th. Canaccord Genuity Group decreased their target price on shares of Sprout Social from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Finally, Piper Sandler decreased their target price on shares of Sprout Social from $29.00 to $27.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $30.00.

Sprout Social Price Performance

Shares of SPT traded down $0.14 during mid-day trading on Thursday, reaching $21.72. 418,106 shares of the company's stock were exchanged, compared to its average volume of 624,731. Sprout Social has a 52-week low of $18.52 and a 52-week high of $39.75. The company has a 50-day simple moving average of $21.27 and a two-hundred day simple moving average of $27.05. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -18.10 and a beta of 1.04. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19.

Insider Buying and Selling at Sprout Social

In related news, Director Aaron Edward Frederick Rankin sold 23,646 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $24.58, for a total transaction of $581,218.68. Following the completion of the sale, the director now directly owns 42,122 shares of the company's stock, valued at approximately $1,035,358.76. This represents a 35.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Justyn Russell Howard sold 40,000 shares of the firm's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $19.99, for a total value of $799,600.00. Following the completion of the transaction, the insider now directly owns 7,417 shares in the company, valued at $148,265.83. 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 a total of 176,021 shares of company stock worth $3,738,636 in the last quarter. 10.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS purchased a new position in Sprout Social in the fourth quarter valued at about $338,000. Barclays PLC raised its position in Sprout Social by 339.5% in the third quarter. Barclays PLC now owns 90,234 shares of the company's stock valued at $2,623,000 after purchasing an additional 69,704 shares during the period. Brighton Jones LLC raised its position in Sprout Social by 391.7% in the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company's stock valued at $1,105,000 after purchasing an additional 28,667 shares during the period. Raymond James Financial Inc. purchased a new position in Sprout Social in the fourth quarter valued at about $1,184,000. Finally, Deutsche Bank AG raised its position in Sprout Social by 84.5% in the fourth quarter. Deutsche Bank AG now owns 51,367 shares of the company's stock valued at $1,577,000 after purchasing an additional 23,525 shares during the period.

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.