Splunk (NASDAQ:SPLK) will issue its quarterly earnings data after the market closes on Thursday, May 23rd. Analysts expect the company to announce earnings of ($0.77) per share for the quarter. Splunk has set its Q1 2020 guidance at EPS and its FY 2020 guidance at EPS.
Splunk (NASDAQ:SPLK) last issued its quarterly earnings results on Thursday, February 28th. The software company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). Splunk had a negative return on equity of 14.59% and a negative net margin of 15.28%. The company had revenue of $622.09 million during the quarter, compared to the consensus estimate of $562.22 million. On average, analysts expect Splunk to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of SPLK opened at $135.00 on Thursday. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 1.07. Splunk has a 52 week low of $83.69 and a 52 week high of $143.70. The company has a market capitalization of $19.55 billion, a PE ratio of -84.91 and a beta of 2.03.
SPLK has been the topic of a number of analyst reports. BidaskClub cut Splunk from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 5th. Raymond James boosted their price objective on shares of Splunk from $122.00 to $157.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Wedbush boosted their price objective on shares of Splunk from $146.00 to $159.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Zacks Investment Research lowered shares of Splunk from a “hold” rating to a “sell” rating in a report on Wednesday, March 6th. Finally, Maxim Group boosted their price objective on shares of Splunk to $159.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $143.84.
In other Splunk news, CFO David F. Conte sold 7,820 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $128.05, for a total transaction of $1,001,351.00. Following the completion of the sale, the chief financial officer now directly owns 116,056 shares in the company, valued at approximately $14,860,970.80. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Leonard R. Stein sold 8,344 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $125.28, for a total transaction of $1,045,336.32. Following the sale, the senior vice president now owns 75,833 shares of the company’s stock, valued at $9,500,358.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 124,271 shares of company stock valued at $15,613,440. Company insiders own 0.36% of the company’s stock.
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Splunk Inc provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. Its products enable users to investigate, monitor, analyze, and act on data regardless of format or source. The company offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; Splunk Cloud; and Splunk Light, which offers log search and analysis for small IT environments.
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