As of Wednesday close, Sprinklr Inc.’s (NYSE:CXM) stock was up $0.11, moving up 0.79 percent to $14.08. The average number of shares traded per day over the past five days has been 1,002,920 shares. 4 times new highs have been achieved over the past 5 days, with a $0.77 gain in that time frame. In the last twenty days, the average volume was 1,103,630, while in the previous 50 days, it was 1,867,154.
Since last month, CXM stock retreated -3.10%. Shares of the company fell to $13.12 on 08/09/23, the lowest level in the past month. A 52-week high of $15.50 was reached on 07/13/23 after having rallying from a 52-week low of $7.25. Since the beginning of this year, CXM’s stock price has risen by 72.34% or $5.91, and marked a new high 31 times. However, the stock has declined by -9.16% since its 52-week high.
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CXM stock investors should be aware that Sprinklr Inc. (CXM) stock had its last reported insider trading activity 17 days ago on Jul 31. Thomas Ragy, the Chief Executive Officer of the company, disposed of 1,613 shares for $13.74 on Jul 31. It resulted in a $22,163 divestment by the insider. Adams Diane sold 466 shares at an average price of $13.74 on Jul 31. The insider now owns 276,462 shares following the transaction. On Jul 14, Chief Marketing Officer Pattabhiraman Arun sold 71,177 shares at $14.57 apiece. The transaction was valued at $1,037,049.
Valuation Metrics
The stock’s beta is 0.92. Besides these, the trailing price-to-sales (P/S) ratio of 5.79, the price-to-book (PB) ratio of 6.46, and the price-to-cash flow ratio of 123.53 may also be considered.
Financial Health
In the three months ended April 29, Sprinklr Inc.’s quick ratio stood at 2.00, while its current ratio was 2.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 74.60% percent. In the year ended April 29, EBITDA margin amounted to -5.27%, whereas operating margins totaled -4.80%. Based on annual data, CXM earned $454.46 million in gross profit and brought in $618.19 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -10.80%. Return on equity (ROE) for the past 12 months was -5.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CXM’s revenue fell -42.28% to $157.25 million during the quarter, while net income inched up to $173.36 million. While analysts expected Sprinklr Inc. to report $0.01 quarterly earnings, the actual figure was $0.06 per share. During the quarter, the company generated $0.33 million in EBITDA. The liabilities of Sprinklr Inc. were 445.17 million at the end of its most recent quarter ended April 29, and its total debt was $16.96 million. The value of shareholders’ equity is $267.63 million.
Technical Picture
This quick technical analysis looks at Sprinklr Inc.’s (CXM) price momentum. With a historical volatility rate of 33.62%, the RSI 9-day stood at 57.79% on 16 August.
With respect to its five-day moving average, the current Sprinklr Inc. price is up by +5.79% percent or $0.77. At present, CXM shares trade -3.03% below its 20-day simple moving average and +32.33% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.37% above its SMA50 and +51.24% above its SMA200.
Stochastic coefficient K was 84.55% and Stochastic coefficient D was 64.44%, while ATR was 0.43. Given the Stochastic reading of 87.27% for the 14-day period, the RSI (14) reading has been calculated as 54.45%. As of today, the MACD Oscillator reading stands at 0.36, while the 14-day reading stands at 0.28.
Analyst Ratings
DA Davidson launched its rating on Sprinklr Inc. (NYSE: CXM) to a Buy in a note to investors on July 25, 2023. Sprinklr Inc. (CXM) has been rated Overweight by analysts. According to 0 brokerage firms, CXM is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Sprinklr Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $16.50, the current consensus forecast for the stock is $14.00 – $24.00. Based on these forecasts, analysts predict Sprinklr Inc. (CXM) will achieve an average price target of $17.20.
