During the last session, Sprout Social Inc (NASDAQ:SPT)’s traded shares were 0.73 million, with the beta value of the company hitting 1.04. At the end of the trading day, the stock’s price was $19.73, reflecting an intraday loss of -1.69% or -$0.34. The 52-week high for the SPT share is $39.74, that puts it down -101.42 from that peak though still a striking 6.13% gain since the share price plummeted to a 52-week low of $18.52. The company’s market capitalization is $1.15B, and the average intraday trading volume over the past 10 days was 0.61 million shares, and the average trade volume was 738.46K shares over the past three months.
Sprout Social Inc (SPT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.27. SPT has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Sprout Social Inc (NASDAQ:SPT) trade information
Sprout Social Inc (SPT) registered a -1.69% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.69% in intraday trading to $19.73, hitting a weekly high. The stock’s 5-day price performance is -5.10%, and it has moved by -12.47% in 30 days. Based on these gigs, the overall price performance for the year is -41.30%. The short interest in Sprout Social Inc (NASDAQ:SPT) is 3.2 million shares and it means that shorts have 3.99 day(s) to cover.
The consensus price target of analysts on Wall Street is $54.5, which implies an increase of 63.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $150 respectively. As a result, SPT is trading at a discount of -660.26% off the target high and -41.92% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -2.58%. While earnings are projected to return 46.18% in 2025, the next five years will return 31.34% per annum.
SPT Dividends
Sprout Social Inc is due to release its next quarterly earnings on 2025-May-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sprout Social Inc (NASDAQ:SPT)’s Major holders
Sprout Social Inc insiders own 1.59% of total outstanding shares while institutional holders control 101.18%, with the float percentage being 102.82%. VANGUARD GROUP INC is the largest shareholder of the company, while 285.0 institutions own stock in it. As of 2024-06-30, the company held over 5.68 million shares (or 10.0213% of all shares), a total value of $202.73 million in shares.
The next largest institutional holding, with 4.01 million shares, is of BLACKROCK INC.’s that is approximately 7.074% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $143.11 million.
