Sprout Social (SPT) to Release Quarterly Earnings on Thursday

Sprout Social (NASDAQ:SPT - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Sprout Social to post earnings of $0.16 per share and revenue of $107.63 million for the quarter. Sprout Social has set its FY 2025 guidance at 0.650-0.740 EPS and its Q1 2025 guidance at 0.140-0.160 EPS.

Sprout Social (NASDAQ:SPT - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. The business had revenue of $107.09 million during the quarter, compared to analyst estimates of $106.74 million. On average, analysts expect Sprout Social to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Sprout Social Stock Down 1.8 %

Sprout Social stock traded down $0.37 during midday trading on Tuesday, reaching $20.77. The company's stock had a trading volume of 602,450 shares, compared to its average volume of 684,422. The stock has a market capitalization of $1.20 billion, a P/E ratio of -17.31 and a beta of 1.20. 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 stock's 50-day simple moving average is $22.28 and its 200-day simple moving average is $27.98. Sprout Social has a 52-week low of $18.52 and a 52-week high of $39.75.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. 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 note on Monday, April 21st. Scotiabank reduced their price objective on Sprout Social from $28.00 to $25.00 and set a "sector perform" rating for the company in a research note on Thursday, February 27th. Canaccord Genuity Group cut their price target on shares of Sprout Social from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Morgan Stanley decreased their price objective on shares of Sprout Social from $30.00 to $22.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Finally, Jefferies Financial Group upped their price objective on shares of Sprout Social from $34.00 to $42.00 and gave the company a "buy" rating in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Sprout Social presently has an average rating of "Hold" and a consensus price target of $32.15.

Insider Activity

In related news, insider Justyn Russell Howard sold 40,000 shares of the firm's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $32.59, for a total value of $1,303,600.00. Following the transaction, the insider now directly owns 7,417 shares of the company's stock, valued at approximately $241,720.03. This trade represents a 84.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Karen Walker sold 5,000 shares of Sprout Social stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $19.42, for a total value of $97,100.00. Following the completion of the sale, the director now owns 25,665 shares in the company, valued at approximately $498,414.30. The trade was a 16.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,446 shares of company stock worth $3,115,839 over the last three months. 10.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sprout Social

An institutional investor recently raised its position in Sprout Social stock. Brighton Jones LLC lifted its stake in shares of Sprout Social, Inc. (NASDAQ:SPT - Free Report) by 391.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,985 shares of the company's stock after acquiring an additional 28,667 shares during the quarter. Brighton Jones LLC owned 0.06% of Sprout Social worth $1,105,000 as of its most recent filing with the Securities and Exchange Commission.

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.