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SPT - Sprout Social: Limited Upside For Now
June, 14 2021 01:26 AM
Sprout Social Inc
Sprout Social offers a software solution for participating in the growth of enterprises leaning into social media. The company has recently ramped up revenue growth rates above 30%, but growth is likely to normalize back towards the mid-20% rate before COVID-19. The stock trades at an insane 23x forward revenue estimates as the P/S multiple expansion has fueled a lot of the recent stock gains. For further details see:
Sprout Social: Limited Upside For Now
Stock Information
Company Name:
Sprout Social Inc
Stock Symbol:
SPT
Market:
NASDAQ
Website:
sproutsocial.com
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