Analysts See $-0.59 EPS for Splunk Inc. (SPLK)

May 23, 2018 - By Graig Alexander

Splunk Inc. (NASDAQ:SPLK) LogoInvestors sentiment decreased to 1.38 in 2017 Q4. Its down 0.03, from 1.41 in 2017Q3. It dived, as 31 investors sold Splunk Inc. shares while 97 reduced holdings. 76 funds opened positions while 100 raised stakes. 138.84 million shares or 2.97% less from 143.10 million shares in 2017Q3 were reported.
Legal & General Grp Public Llc invested 0.03% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Cubist Systematic Strategies Limited Com has 8,755 shares for 0.04% of their portfolio. Reliance Trust Com Of Delaware, Delaware-based fund reported 10,229 shares. Engines Advsrs Ltd Liability Corporation reported 0% in Splunk Inc. (NASDAQ:SPLK). Whalerock Point Ptnrs Ltd invested in 4,000 shares or 0.1% of the stock. Fred Alger Mgmt owns 47,903 shares or 0.02% of their US portfolio. 6,339 were accumulated by World Asset Mgmt Inc. Gradient Invs Lc has 0.03% invested in Splunk Inc. (NASDAQ:SPLK). Jennison Assocs Ltd Liability holds 0.67% or 8.17M shares. Toronto Dominion Commercial Bank holds 0% in Splunk Inc. (NASDAQ:SPLK) or 8,156 shares. Millennium Mngmt Llc accumulated 0.04% or 361,452 shares. Ledyard Financial Bank invested in 0% or 80 shares. Bnp Paribas Asset Mgmt stated it has 0.12% in Splunk Inc. (NASDAQ:SPLK). The Missouri-based Amer Century has invested 0.2% in Splunk Inc. (NASDAQ:SPLK). Lazard Asset Ltd Liability accumulated 791,865 shares.

Since December 10, 2017, it had 0 buys, and 15 sales for $19.16 million activity. St. Ledger Susan also sold $2.05M worth of Splunk Inc. (NASDAQ:SPLK) shares. On Monday, December 11 SULLIVAN GODFREY sold $711,303 worth of Splunk Inc. (NASDAQ:SPLK) or 8,750 shares. The insider CONTE DAVID F sold 20,199 shares worth $1.98M. Another trade for 28,513 shares valued at $3.03M was sold by Merritt Douglas. The insider Campione Richard sold 7,500 shares worth $598,350. On Thursday, March 15 the insider SMITH GRAHAM sold $1.07M.

Analysts expect Splunk Inc. (NASDAQ:SPLK) to report $-0.59 EPS on May, 24 after the close.They anticipate $0.11 EPS change or 15.71 % from last quarter’s $-0.7 EPS. After having $-0.11 EPS previously, Splunk Inc.’s analysts see 436.36 % EPS growth. The stock decreased 0.47% or $0.54 during the last trading session, reaching $114.36. About 1.21 million shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 63.75% since May 23, 2017 and is uptrending. It has outperformed by 52.20% the S&P500.

Splunk Inc. (NASDAQ:SPLK) Ratings Coverage

Among 27 analysts covering Splunk Inc (NASDAQ:SPLK), 24 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Splunk Inc has $132 highest and $73.0 lowest target. $112.20’s average target is -1.89% below currents $114.36 stock price. Splunk Inc had 42 analyst reports since November 27, 2017 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by RBC Capital Markets. The stock of Splunk Inc. (NASDAQ:SPLK) earned “Buy” rating by Stifel Nicolaus on Friday, March 2. On Friday, March 2 the stock rating was maintained by Guggenheim with “Buy”. Wedbush maintained Splunk Inc. (NASDAQ:SPLK) rating on Wednesday, March 28. Wedbush has “Neutral” rating and $103 target. The rating was maintained by Morgan Stanley on Friday, March 2 with “Equal-Weight”. The company was maintained on Friday, March 2 by Robert W. Baird. MUFG Securities Americas Inc maintained Splunk Inc. (NASDAQ:SPLK) on Friday, March 2 with “Buy” rating. The firm earned “Overweight” rating on Monday, January 8 by Barclays Capital. The firm has “Buy” rating given on Friday, March 2 by Canaccord Genuity. Stephens maintained the shares of SPLK in report on Friday, March 2 with “Buy” rating.

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. The company has market cap of $16.58 billion. The company's products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. It currently has negative earnings. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud service.

More notable recent Splunk Inc. (NASDAQ:SPLK) news were published by: Seekingalpha.com which released: “A Different Take On Splunk” on April 27, 2018, also Fool.com with their article: “Reviewing 5 Winning Stocks for a Thinking World, and Relishing 1 Thoughtful CEO” published on May 22, 2018, Investorplace.com published: “The 10 Fastest-Growing Stocks to Invest In Right Now” on May 22, 2018. More interesting news about Splunk Inc. (NASDAQ:SPLK) were released by: Streetinsider.com and their article: “Splunk (SPLK) call put ratio 2.2 calls to 1 put into Q1” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Spotlight On Gambling Reset And Banking Bill” with publication date: May 19, 2018.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart

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