What Can Splunk Inc. (SPLK) Tell Us About Its Growth?

SMITH GRAHAM, Director, subtracted 10,000 shares of Splunk Inc. (SPLK) from its portfolio at the rate of $148.64 per share valuing $1,486,400 on Nov 27. The insider left behind 45,179 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $150.32, with a 2nd Resistance Point sitting at $152.55. Meanwhile, this company’s stock has a 1st Support Level at $144.18 and a 2nd Support Level at $140.27. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Splunk Inc. (SPLK) was $148.09. Splunk Inc. (SPLK) stock has gained $0.45, or 0.39%, in the past five days. In the last full month, these shares have gained $24.98, or 20.29%. In the past three months, this stock’s price has risen by $39.87, or 36.84%. This year-to-date, Splunk Inc. (SPLK) shares have gained $43.24, or 41.24%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Splunk Inc. (SPLK) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”

With 151,349 K shares outstanding, this company currently has a market capitalization of $22,405,702K. Splunk Inc. (SPLK) generates $1,803 M in annual sales, amounting to annual net income of -$275,580 K. This stock has generated a 1-Year Total Return of 34.54%, a 3-Year Total Return of 160.54%, and a 5-year Total Return of 165.45%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 10/19, Splunk Inc. (SPLK) reported earnings of -$0.12 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.18 per share, representing a 0.06 difference and 33.33% surprise. In the previous quarter ending in 07/19, the reported earnings of -$0.35 represented a 0.16 difference from the consensus estimate calling for -$0.51 per share, which was a 31.37% surprise.

For the current fiscal quarter, which is set to end in 01/2020, the average earnings estimate is $0.14 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was $0.29 and the low estimate was -$0.08. In the year-ago quarter, Splunk Inc. (SPLK) generated per-share earnings of $0.17. If the analysts are correct about the current quarter’s earnings, the growth will be -17.65%.

Turning our focus now to insider trading activity, there have been 1 purchases (7,457 shares in total) and 16 sale (76,481 shares in total) in the last 3 months. In the last 6 months, there have been 9 insider buys amounting to 23,081 shares and 31 insider sales amounting to 148,079 shares. In the past full year, 20 insider purchases were made (involving 454,265 shares) and 101 insider sell-offs equivalent to 487,383 shares.

Moving onto liquidity, Splunk Inc. (SPLK) has a Current Ratio of 3.23, a Quick Ratio of 3.23 and a Cash Ratio of 2.64. Looking at this company’s capital structure, its Total Debt to Total Equity is 107.50, its Total Debt to Total Capital is 51.81, and its Total Debt to Total Assets is now 36.32. Looking even further ahead into the future, its Long-Term Debt to Equity is -5.84 and its Long-Term Debt to Total Capital is 107.50.