Sprout Social (NASDAQ:SPT) Updates FY 2025 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.650-0.740 for the period, compared to the consensus estimate of 0.690. The company issued revenue guidance of $448.1 million-$453.1 million, compared to the consensus revenue estimate of $463.9 million. Sprout Social also updated its Q1 2025 guidance to 0.140-0.160 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SPT shares. Morgan Stanley raised their price objective on Sprout Social from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Scotiabank started coverage on shares of Sprout Social in a report on Monday, November 18th. They issued a “sector perform” rating and a $28.00 price target on the stock. Piper Sandler decreased their price objective on shares of Sprout Social from $40.00 to $29.00 and set a “neutral” rating for the company in a research note on Monday, November 11th. Jefferies Financial Group raised their target price on shares of Sprout Social from $34.00 to $42.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Finally, Oppenheimer decreased their price target on shares of Sprout Social from $40.00 to $38.00 and set an “outperform” rating for the company in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $39.58.

Sprout Social Stock Down 2.4 %

Shares of SPT traded down $0.68 during trading hours on Tuesday, reaching $27.25. The company’s stock had a trading volume of 702,166 shares, compared to its average volume of 552,920. The company has a 50 day moving average of $31.97 and a two-hundred day moving average of $30.59. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of -22.71 and a beta of 1.06. Sprout Social has a 1-year low of $25.05 and a 1-year high of $65.32.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings data on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. As a group, research analysts predict that Sprout Social will post -0.99 EPS for the current fiscal year.

Insider Transactions at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider now owns 7,417 shares of the company’s stock, valued at approximately $241,720.03. The trade was a 84.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ryan Paul Barretto sold 16,800 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $30.99, for a total value of $520,632.00. Following the completion of the transaction, the chief executive officer now owns 153,375 shares in the company, valued at $4,753,091.25. This represents a 9.87 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,265 shares of company stock valued at $3,837,006. 10.97% of the stock is owned by insiders.

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.