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

Sprout Social (NASDAQ:SPT) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Sprout Social Price Performance

Shares of SPT traded up $0.43 on Wednesday, reaching $27.68. The stock had a trading volume of 728,950 shares, compared to its average volume of 556,934. The firm has a 50-day moving average of $31.83 and a 200 day moving average of $30.55. The firm has a market capitalization of $1.59 billion, a PE ratio of -23.10 and a beta of 1.06. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. Sprout Social has a twelve month low of $25.05 and a twelve month high of $64.91.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Tuesday, February 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.35). The company had revenue of $107.09 million for the quarter, compared to the consensus estimate of $106.74 million. Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. Sell-side analysts expect that Sprout Social will post -0.99 EPS for the current year.

Analysts Set New Price Targets

SPT has been the subject of a number of research reports. Canaccord Genuity Group lowered their target price on Sprout Social from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday. Scotiabank began coverage on shares of Sprout Social in a research report on Monday, November 18th. They issued a “sector perform” rating and a $28.00 price target for the company. Morgan Stanley reduced their price target on Sprout Social from $37.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Jefferies Financial Group upped their price target on shares of Sprout Social from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Finally, Stifel Nicolaus decreased their target price on Sprout Social from $45.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $34.08.

Insider Buying and Selling at Sprout Social

In related news, Director Karen Walker sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $34.24, for a total transaction of $171,200.00. Following the transaction, the director now directly owns 35,665 shares of the company’s stock, valued at approximately $1,221,169.60. The trade was a 12.30 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Justyn Russell Howard sold 40,000 shares of the 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,265 shares of company stock worth $3,837,006 over the last ninety days. Corporate insiders own 10.97% of the company’s stock.

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.