Sonos, Inc.[SONO] stock saw a move by -1.38% on Thursday, touching 1.19 million. Based on the recent volume, Sonos, Inc. stock traders appear to be active. The most recent trading volume of SONO shares recorded 109.26M shares, which represents the daily volume of traded shares. Analysts estimates state that Sonos, Inc. [SONO] stock could reach median target price of $17.50.

Sonos, Inc. [SONO] stock additionally went up by +0.81% in the period of the 7 days, recording a gain in performance by 26.43% in the last 30 days. The yearly more of SONO stock is set at -9.30% by far, with shares price recording returns by 29.82% in the latest quarter. Over the past six months, SONO shares showcased 51.41% increase. SONO saw -15.48% change opposing the low price in the last 12 months, also recording 62.73% compared to high within the same period of time.

Sonos, Inc. [NASDAQ:SONO]: Analyst Rating and Earnings

Its stock price has been found in the range of 9.23 to 17.77. This is compared to its latest closing price of $15.23.

Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Thu 21 Nov (In 70 Days).

Fundamental Analysis of Sonos, Inc. [SONO]

Now let’s turn to look at profitability: with a current Operating Margin for Sonos, Inc. [SONO] sitting at -0.78 and its Gross Margin at +43.03, this company’s Net Margin is now 1.90%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This company’s Return on Total Capital is -4.69, and its Return on Invested Capital has reached -4.00%. Its Return on Equity is -10.45, and its Return on Assets is -3.16. These metrics suggest that this Sonos, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, Sonos, Inc. [SONO] has generated a Total Debt to Total Equity ratio of 19.08. Similarly, its Total Debt to Total Capital is 16.03, while its Total Debt to Total Assets stands at 6.77. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is -1.97, and its Long-Term Debt to Total Capital is 15.88.

What about valuation? This company’s Enterprise Value to EBITDA is 46.02 and its Total Debt to EBITDA Value is 1.30. The Enterprise Value to Sales for this firm is now 1.13, and its Total Debt to Enterprise Value stands at 0.05. Sonos, Inc. [SONO] has a Price to Book Ratio of 7.70, a Price to Cash Flow Ratio of 34.48 and P/E Ratio of 86.32. These metrics suggest that this publicly-traded organization will not likely result in investment gains.

Shifting the focus to workforce efficiency, Sonos, Inc. [SONO] earns $840,982 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 18.86 and its Total Asset Turnover is 2.30. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.03 and its Current Ratio is 1.68. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

Sonos, Inc. [SONO] has 109.26M shares outstanding, amounting to a total market cap of $1.64B. Its stock price has been found in the range of 9.23 to 17.77. At its current price, it has moved down by -15.48% from its 52-week high, and it has moved up 62.73% from its 52-week low.

This stock’s Relative Strength Index (RSI) is at 67.22. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is Sonos, Inc. [SONO] a Reliable Buy?

Sonos, Inc. [SONO] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.