In the latest quarter, 6 analysts provided ratings for Sprinklr (NYSE:CXM), showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
The 12-month price targets, analyzed by analysts, offer insights with an average target of $16.67, a high estimate of $22.00, and a low estimate of $15.00. A decline of 14.07% from the prior average price target is evident in the current average.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Sprinklr by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sprinklr. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sprinklr compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Sprinklr's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Sprinklr's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Sprinklr analyst ratings.
Delving into Sprinklr's Background
Sprinklr Inc is engaged in providing enterprise software that enables every customer-facing function across the front office, from Customer Care to Marketing, to collaborate across internal silos, and communicate across digital channels. Its products include Modern Marketing and Advertising, Morden Research, Modern Care, Core Platform, and Developer portal among others.
A Deep Dive into Sprinklr's Financials
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Sprinklr's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2023, the company achieved a revenue growth rate of approximately 18.49%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sprinklr's net margin excels beyond industry benchmarks, reaching 9.11%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Sprinklr's ROE stands out, surpassing industry averages. With an impressive ROE of 2.66%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Sprinklr's ROA stands out, surpassing industry averages. With an impressive ROA of 1.57%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.05.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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