Splunk Inc (NASDAQ:SPLK) shares traded 2.09% up during most recent session to reach at the closing price of $130.89. The stock exchanged hands 1.29 Million shares versus average trading capacity of 2.07 Million shares, yielding a market cap of $18.95 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $131.54 within the next 52-weeks. The mean target projections are based on 35 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Splunk Inc (NASDAQ:SPLK) high price target of $170 and with a conservative view have low price target of $98.
BMO Capital “Maintained” Splunk Inc (NASDAQ:SPLK) in a research note issued to investors on 11/30/18 to Outperform with price target of $132.
Additionally on 11/06/18 Bernstein “Downgrades” Splunk Inc (NASDAQ:SPLK) to Market Perform setting price target at $110 and on 10/04/18 KeyBanc “Maintained” the stock to Overweight at $132. Furthermore on 9/07/18 Barclays “Maintained” the stock to Overweight at $136.
On the other hand the company has Relative Strength Index (RSI 14) of 69.6 along with Average True Range (ATR 14) of 3.92, Consequently Splunk Inc (NASDAQ:SPLK)’s weekly and monthly volatility is 3.15%, 2.90% respectively. The company’s beta value is at 2.04.
In terms of Buy, Sell or Hold recommendations, Splunk Inc (NASDAQ:SPLK) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Splunk Inc (NASDAQ:SPLK)’s minimum EPS for the current quarter is at $0.71 and can go high up to $0.9. The consensus mean EPS for the current quarter is at $0.76 derived from a total of 36 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.37 earnings per share for the same quarter during last year.
Previously Splunk Inc (NASDAQ:SPLK) reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.06. The company posted an earnings surprise of 18.8%.
Splunk Inc (NASDAQ:SPLK)’s revenue estimates for the current quarter are $562.52 Million according to 33 number of analysts, for the current quarter the company has high revenue estimates of $593.4 Million in contradiction of low revenue estimates of $537.2 Million. For the current year the company’s revenue estimates are $1.74 Billion compared to low analyst estimates of $1.74 Billion and high estimates of $1.77 Billion according to 34 number of analysts.
Currently Splunk Inc (NASDAQ:SPLK)’s shares owned by insiders are 0.7%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -14.4%, as well as three-month change in the institutional ownership was recorded 8.63%.
Splunk Inc (NASDAQ:SPLK)’s trailing twelve month revenues are $1.6 Billion, whereas its price to sales ratio for the same period is 11.84. Its book value per share for the most recent quarter is $9.71 while its price to book ratio for the same period is 13.48, as for as the company’s cash per share for the most recent quarter is $18.45, however its price to cash per share ratio for the same period is 7.09. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.