Sprout Social (NASDAQ:SPT - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.150-0.160 for the period, compared to the consensus estimate of 0.165. The company issued revenue guidance of $114.4 million-$115.2 million, compared to the consensus revenue estimate of $113.6 million. Sprout Social also updated its FY 2025 guidance to 0.710-0.750 EPS.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on SPT. Cantor Fitzgerald restated a "neutral" rating and set a $24.00 price objective on shares of Sprout Social in a research report on Tuesday, June 3rd. Barclays lowered their price objective on shares of Sprout Social from $34.00 to $26.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Needham & Company LLC reissued a "buy" rating and issued a $32.00 price objective on shares of Sprout Social in a research report on Wednesday, May 28th. The Goldman Sachs Group lowered their price target on shares of Sprout Social from $29.00 to $23.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Finally, Morgan Stanley cut their price target on shares of Sprout Social from $30.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $28.42.
Read Our Latest Research Report on Sprout Social
Sprout Social Stock Down 2.9%
SPT stock opened at $15.60 on Thursday. The stock has a market capitalization of $907.61 million, a P/E ratio of -14.82 and a beta of 0.99. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97. Sprout Social has a one year low of $15.50 and a one year high of $36.30. The company has a 50 day moving average price of $19.95 and a two-hundred day moving average price of $23.39.
Sprout Social (NASDAQ:SPT - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.03. The business had revenue of $111.78 million during the quarter, compared to analysts' expectations of $110.93 million. Sprout Social had a negative return on equity of 31.03% and a negative net margin of 14.25%. The company's revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS. As a group, sell-side analysts expect that Sprout Social will post -0.99 EPS for the current year.
Insider Buying and Selling
In other news, Director Karen Walker sold 5,000 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $19.05, for a total transaction of $95,250.00. Following the completion of the transaction, the director owned 28,963 shares in the company, valued at approximately $551,745.15. This represents a 14.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 that occurred on Tuesday, July 8th. The shares were sold at an average price of $21.12, for a total transaction of $844,800.00. Following the completion of the sale, the insider owned 7,417 shares in the company, valued at $156,647.04. The trade was a 84.36% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,375 shares of company stock worth $2,389,535. Corporate insiders own 10.12% of the company's stock.
Hedge Funds Weigh In On Sprout Social
A number of institutional investors have recently bought and sold shares of SPT. Empowered Funds LLC acquired a new stake in Sprout Social in the first quarter valued at approximately $325,000. AQR Capital Management LLC bought a new position in shares of Sprout Social in the first quarter worth about $365,000. Brighton Jones LLC boosted its stake in Sprout Social by 391.7% during the 4th 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sprout Social by 2.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company's stock valued at $1,168,000 after purchasing an additional 1,265 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Sprout Social by 23.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company's stock valued at $7,163,000 after buying an additional 60,947 shares during the last quarter.
About Sprout Social
(
Get Free Report)
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.
Further Reading
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