Splunk, Inc. (SPLK) Tops Q4 Views

Splunk, Inc. (SPLK) shares are up $3.97 to $73.67 in after-hours trading Thursday after the company reported its fourth quarter earnings results.

The firm reported earnings of $0.09 per share on revenues of $147.4 million, up 47.5% from a year ago. Analysts were expecting EPS of $0.04 on revenues of $136.98 million.

For Q1’15, SPLK issued revenue projection of $116-$118 million, compared to the consensus revenue estimate of $115.46 million. Full year FY15 revenues were $450.9 million, up 49% year-over-year. Operating cash flow came in at $104.0 million with free cash flow of $90.0 million.

“We finished FY15 with strong performance across the board and posted our best quarter yet for both Splunk Cloud and the Splunk App for Enterprise Security. Our investments in cloud and solutions are helping to drive global customer adoption,” said in a statement Godfrey Sullivan, Chairman and CEO.

On valuation measures, Splunk Inc. shares, which currently have an average 3-month trading volume of 1.66 million shares, trade at a forward P/E of 630.55 and a P/E to growth ratio of 46.58. The median Wall Street price target on the name is $77.50 with a high target of $89.00. Currently ticker boasts 23 ‘Buy’ endorsements, compared to 8 ’Holds’ and no ‘Sell’.

Profitability-wise, SPLK has a t-12 profit and operating margin of (47.78%) and (47.40%), respectively. The $8.45 billion market cap company reported $387.31 million in cash vs. zero in debt in its most recent quarter.

SPLK currently prints a one year loss of about 28% and a year-to-date return of around 14.50%.

The chart below shows where the equity has traded over the last 52 weeks.

Splunk Inc. is a San Francisco-based provider of software solutions that provide real-time operational intelligence in the United States and internationally.

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