Sprinklr (NYSE:CXM) Issues Q1 Earnings Guidance

Sprinklr (NYSE:CXM) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.07 for the period, compared to the consensus EPS estimate of $0.08. The company issued revenue guidance of $194-195 million, compared to the consensus revenue estimate of $193.18 million. Sprinklr also updated its FY25 guidance to $0.38-0.39 EPS.

Sprinklr Price Performance

Shares of Sprinklr stock traded up $0.19 during trading hours on Wednesday, hitting $13.01. 4,025,432 shares of the company’s stock traded hands, compared to its average volume of 2,702,460. Sprinklr has a 12-month low of $10.45 and a 12-month high of $17.14. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 116.56, a PEG ratio of 3.04 and a beta of 0.89. The company has a fifty day simple moving average of $12.88 and a 200-day simple moving average of $13.38.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CXM shares. Barclays decreased their price objective on Sprinklr from $18.00 to $15.00 and set an overweight rating for the company in a report on Monday, December 11th. Morgan Stanley cut their target price on Sprinklr from $18.00 to $16.00 and set an equal weight rating for the company in a research note on Friday, December 8th. KeyCorp started coverage on Sprinklr in a research note on Thursday, March 21st. They issued an overweight rating and a $19.00 target price for the company. TheStreet downgraded Sprinklr from a c- rating to a d+ rating in a research note on Thursday, December 28th. Finally, JMP Securities dropped their price target on Sprinklr from $24.00 to $22.00 and set a market outperform rating for the company in a research report on Thursday, December 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and an average target price of $16.41.

Insider Transactions at Sprinklr

In other Sprinklr news, insider Diane Adams sold 16,600 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $13.03, for a total value of $216,298.00. Following the transaction, the insider now directly owns 251,340 shares of the company’s stock, valued at $3,274,960.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CMO Arun Pattabhiraman sold 27,859 shares of Sprinklr stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $13.03, for a total transaction of $363,002.77. Following the sale, the chief marketing officer now owns 382,101 shares of the company’s stock, valued at approximately $4,978,776.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Diane Adams sold 16,600 shares of Sprinklr stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $13.03, for a total value of $216,298.00. Following the sale, the insider now directly owns 251,340 shares in the company, valued at approximately $3,274,960.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 195,682 shares of company stock valued at $2,476,123. Insiders own 40.29% of the company’s stock.

Institutional Trading of Sprinklr

Large investors have recently added to or reduced their stakes in the company. Citigroup Inc. increased its position in Sprinklr by 308.9% during the 1st quarter. Citigroup Inc. now owns 2,212 shares of the company’s stock valued at $26,000 after buying an additional 1,671 shares in the last quarter. FMR LLC grew its stake in Sprinklr by 126.1% during the 1st quarter. FMR LLC now owns 2,661 shares of the company’s stock valued at $34,000 after purchasing an additional 1,484 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Sprinklr in the fourth quarter worth about $28,000. Advisors Asset Management Inc. purchased a new stake in shares of Sprinklr in the first quarter worth about $44,000. Finally, Captrust Financial Advisors purchased a new stake in shares of Sprinklr in the second quarter worth about $48,000. Institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.