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Sprout Social (SPT) Stock Price, News & Analysis

$38.92
+0.72 (+1.88%)
(As of 07/26/2024 ET)
Today's Range
$37.82
$39.00
50-Day Range
$31.05
$38.92
52-Week Range
$25.68
$68.41
Volume
384,600 shs
Average Volume
866,018 shs
Market Capitalization
$2.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$56.43

Sprout Social MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.53 Rating Score
Upside/​Downside
45.0% Upside
$56.43 Price Target
Short Interest
Bearish
11.18% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Sprout Social in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$3.06 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.84) to ($0.69) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.75 out of 5 stars

Computer And Technology Sector

359th out of 612 stocks

Prepackaged Software Industry

117th out of 202 stocks

SPT stock logo

About Sprout Social Stock (NASDAQ:SPT)

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. It offers integrated tools, such as social engagement/response; publishing; reporting and analytics; social listening and business intelligence; reputation management; social commerce; employee advocacy; and automation and workflows. In addition, the company provides smart inbox, social customer relationship management, social monitoring and alerts, customer service tools, and automation; and centralized content planning, creation, and publishing, automated scheduling, content performance reporting, suggested content, message approval workflows, publishing permissions and governance, and content and asset libraries. Further, it offers social media; content performance, customer service and team, custom report builder, and reporting API; and market research, brand health, competitive insights, consumer trends, and product feedback; and social commerce, reputation management, employee advocacy, mobile applications, and chat bot creation and management. Additionally, the company offers professional services consisting of consulting and training services. It serves social and community management; public relations; marketing; influencer marketing; customer service and care; commerce, sales and customer acquisition; recruiting and hiring, product development, and business strategy; and small-and-medium-sized businesses, mid-market companies, enterprises, marketing agencies, government, non-profit, and educational institutions. Sprout Social, Inc. was incorporated in 2010 and is headquartered in Chicago, Illinois.

SPT Stock Price History

SPT Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Sprout Social (SPT) Scheduled to Post Quarterly Earnings on Thursday
Assessing Sprout Social: Insights From 14 Financial Analysts
Sprout Social (NASDAQ:SPT) Rating Reiterated by Needham & Company LLC
Sprout Social (NASDAQ:SPT) PT Lowered to $48.00
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:SPT
Fax
N/A
Employees
1,140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$56.43
High Stock Price Target
$83.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+45.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
15 Analysts

Profitability

Net Income
$-66,430,000.00
Pretax Margin
-19.52%

Debt

Sales & Book Value

Annual Sales
$355.22 million
Book Value
$2.56 per share

Miscellaneous

Free Float
50,336,000
Market Cap
$2.19 billion
Optionable
Optionable
Beta
1.00
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SPT Stock Analysis - Frequently Asked Questions

How have SPT shares performed this year?

Sprout Social's stock was trading at $61.44 at the beginning of 2024. Since then, SPT stock has decreased by 36.7% and is now trading at $38.92.
View the best growth stocks for 2024 here
.

How were Sprout Social's earnings last quarter?

Sprout Social, Inc. (NASDAQ:SPT) issued its earnings results on Thursday, May, 2nd. The company reported ($0.22) earnings per share for the quarter, beating analysts' consensus estimates of ($0.32) by $0.10. The company had revenue of $96.78 million for the quarter, compared to analyst estimates of $97.29 million. Sprout Social had a negative trailing twelve-month return on equity of 42.51% and a negative net margin of 19.64%.

What is Justyn Howard's approval rating as Sprout Social's CEO?

239 employees have rated Sprout Social Chief Executive Officer Justyn Howard on Glassdoor.com. Justyn Howard has an approval rating of 99% among the company's employees. This puts Justyn Howard in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Sprout Social IPO?

Sprout Social (SPT) raised $150 million in an initial public offering on Friday, December 13th 2019. The company issued 8,800,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs and Morgan Stanley acted as the underwriters for the IPO and KeyBanc Capital Markets, William Blair, Canaccord Genuity and Stifel were co-managers.

Who are Sprout Social's major shareholders?

Sprout Social's top institutional shareholders include Baillie Gifford & Co. (6.74%), Allspring Global Investments Holdings LLC (1.18%), Bank of New York Mellon Corp (0.55%) and Moody National Bank Trust Division (0.18%). Insiders that own company stock include Justyn Russell Howard, Ryan Paul Barretto, Preto Joseph Del, Jamie Cannon Gilpin, Aaron Edward Frederick Rankin, Aaron Edward Frederick Rankin, Karen Walker and William Thomas Stanley.
View institutional ownership trends
.

How do I buy shares of Sprout Social?

Shares of SPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SPT) was last updated on 7/26/2024 by MarketBeat.com Staff

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