At the last check on Thursday, Sprinklr Inc.’s (NYSE:CXM) stock was down -$0.52, moving down -3.53 percent to $14.20. The average number of shares traded per day over the past five days has been 1,719,821 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.72 fall in that time frame. In the last twenty days, the average volume was 1,717,435, while in the previous 50 days, it was 1,435,036.
Since last month, CXM stock retreated -2.34%. Shares of the company fell to $14.18 on 09/21/23, the lowest level in the past month. A 52-week high of $16.68 was reached on 09/07/23 after having rallying from a 52-week low of $7.25. Since the beginning of this year, CXM’s stock price has risen by 73.81% or $6.05, and marked a new high 34 times. However, the stock has declined by -14.87% 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 3 days ago on Sep 18. Sarin Manish, the Chief Financial Officer of the company, disposed of 18,532 shares for $14.86 on Sep 18. It resulted in a $275,386 divestment by the insider. Thomas Ragy sold 16,633 shares at an average price of $14.86 on Sep 18. The insider now owns 466,137 shares following the transaction. On Sep 18, Chief Marketing Officer Pattabhiraman Arun sold 8,475 shares at $14.86 apiece. The transaction was valued at $125,938.
Valuation Metrics
Right now, Sprinklr Inc. (CXM) has a P/E ratio of about 645.45. The stock’s beta is 0.91. Besides these, the trailing price-to-sales (P/S) ratio of 5.70, the price-to-book (PB) ratio of 6.17, and the price-to-cash flow ratio of 102.29 may also be considered.
Financial Health
In the three months ended July 30, Sprinklr Inc.’s quick ratio stood at 2.10, while its current ratio was 2.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 75.50% percent. In the year ended July 30, EBITDA margin amounted to -5.27%, whereas operating margins totaled -0.60%. 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 1.20%.
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 rose 15.47% to $172.43 million during the quarter, while net income inched up to $178.0 million. While analysts expected Sprinklr Inc. to report $0.05 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated $9.3 million in EBITDA. The liabilities of Sprinklr Inc. were 455.37 million at the end of its most recent quarter ended July 30, and its total debt was $31.85 million. The value of shareholders’ equity is $270.47 million.
Technical Picture
This quick technical analysis looks at Sprinklr Inc.’s (CXM) price momentum. With a historical volatility rate of 33.15%, the RSI 9-day stood at 31.54% on 20 September.
With respect to its five-day moving average, the current Sprinklr Inc. price is down by -4.82% percent or -$0.72. At present, CXM shares trade -1.86% below its 20-day simple moving average and +18.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.47% below its SMA50 and +65.73% above its SMA200.
Stochastic coefficient K was 6.48% and Stochastic coefficient D was 10.40%, while ATR was 0.48. Given the Stochastic reading of 1.60% for the 14-day period, the RSI (14) reading has been calculated as 40.50%. As of today, the MACD Oscillator reading stands at -0.32, while the 14-day reading stands at -0.65.
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 $18.00, the current consensus forecast for the stock is $16.00 – $24.00. Based on these forecasts, analysts predict Sprinklr Inc. (CXM) will achieve an average price target of $18.75.
