Snowflake Inc (SNOW)’s debt-to-equity and long-term debt/equity ratios

As of close of business last night, Snowflake Inc’s stock clocked out at $160.04, up 1.28% from its previous closing price of $158.02. In other words, the price has increased by $+2.02 from its previous closing price. On the day, 4522578 shares were traded.

Ratios:

To gain a deeper understanding of SNOW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Redburn Atlantic on March 19, 2024, Downgraded its rating to Sell and sets its target price to $125 from $180 previously.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when Ramaswamy Sridhar bought 31,542 shares for $158.52 per share. The transaction valued at 5,000,038 led to the insider holds 31,542 shares of the business.

Ho Emily sold 1,968 shares of SNOW for $309,793 on Mar 19 ’24. The Chief Accounting Officer now owns 30,425 shares after completing the transaction at $157.41 per share. On Mar 18 ’24, another insider, Slootman Frank, who serves as the CEO and Chairman of the company, sold 19,764 shares for $156.66 each. As a result, the insider received 3,096,303 and left with 233,297 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNOW now has a Market Capitalization of 53.49B and an Enterprise Value of 49.93B. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.78 while its Price-to-Book (P/B) ratio in mrq is 10.33. Its current Enterprise Value per Revenue stands at 17.79 whereas that against EBITDA is -51.21.

Stock Price History:

Over the past 52 weeks, SNOW has reached a high of $237.72, while it has fallen to a 52-week low of $134.17. The 50-Day Moving Average of the stock is 195.10, while the 200-Day Moving Average is calculated to be 175.35.

Shares Statistics:

It appears that SNOW traded 6.99M shares on average per day over the past three months and 6.29M shares per day over the past ten days. A total of 334.45M shares are outstanding, with a floating share count of 303.18M. Insiders hold about 7.93% of the company’s shares, while institutions hold 63.10% stake in the company. Shares short for SNOW as of Feb 29, 2024 were 9.4M with a Short Ratio of 1.24, compared to 10.9M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.86% and a Short% of Float of 2.96%.

Earnings Estimates

As of right now, 32 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.06, while EPS last year was $0.15. The consensus estimate for the next quarter is $0.21, with high estimates of $0.31 and low estimates of $0.1.

Analysts are recommending an EPS of between $1.7 and $0.45 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $1.4, with 37 analysts recommending between $3.26 and $0.85.

Revenue Estimates

A total of 40 analysts have provided revenue estimates for SNOW’s current fiscal year. The highest revenue estimate was $3.54B, while the lowest revenue estimate was $3.38B, resulting in an average revenue estimate of $3.43B. In the same quarter a year ago, actual revenue was $2.81B, up 22.20% from the average estimate. Based on 40 analysts’ estimates, the company’s revenue will be $4.24B in the next fiscal year. The high estimate is $4.64B and the low estimate is $3.9B. The average revenue growth estimate for next year is up 23.60% from the average revenue estimate for this year.

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