Sprout Social (SPT) Projected to Post Earnings on Thursday

Sprout Social (NASDAQ:SPT - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce 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 issued its earnings results on Tuesday, February 25th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The company had revenue of $107.09 million for the quarter, compared to analyst estimates of $106.74 million. Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. 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 Up 1.9 %

SPT traded up $0.39 during trading on Friday, reaching $21.44. 467,512 shares of the stock traded hands, compared to its average volume of 746,873. The stock's 50-day simple moving average is $22.55 and its two-hundred day simple moving average is $28.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.96. Sprout Social has a fifty-two week low of $18.52 and a fifty-two week high of $39.75. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -17.87 and a beta of 1.11.

Insider Buying and Selling at Sprout Social

In other Sprout Social news, Director Aaron Edward Frederick Rankin sold 23,646 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $24.58, for a total value of $581,218.68. Following the completion of the transaction, the director now directly owns 42,122 shares of the company's stock, valued at approximately $1,035,358.76. The trade was a 35.95 % 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 dated Thursday, February 6th. The stock was sold at an average price of $32.59, for a total value of $1,303,600.00. Following the sale, the insider now directly owns 7,417 shares in the company, valued at approximately $241,720.03. This represents a 84.36 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 125,446 shares of company stock valued at $3,115,839. 10.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Sprout Social

A hedge fund recently raised its stake in Sprout Social stock. Brighton Jones LLC lifted its stake in shares of Sprout Social, Inc. (NASDAQ:SPT - Free Report) by 391.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,985 shares of the company's stock after acquiring an additional 28,667 shares during the period. Brighton Jones LLC owned approximately 0.06% of Sprout Social worth $1,105,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

SPT has been the topic of a number of research reports. Scotiabank dropped their price objective on Sprout Social from $28.00 to $25.00 and set a "sector perform" rating on the stock in a report on Thursday, February 27th. Needham & Company LLC cut their price target on shares of Sprout Social from $55.00 to $32.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Piper Sandler decreased their price objective on shares of Sprout Social from $29.00 to $27.00 and set a "neutral" rating for the company in a report on Wednesday, February 26th. Stifel Nicolaus cut their target price 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, Barclays lowered their price objective on Sprout Social from $34.00 to $26.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Sprout Social has a consensus rating of "Hold" and an average price target of $32.15.

Sprout Social Company Profile

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.