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After finishing at $13.64 in the prior trading day, Sonos Inc (NASDAQ: SONO) closed at $13.61, down -0.22%. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 1.06 million shares were traded. SONO stock price reached its highest trading level at $13.985 during the session, while it also had its lowest trading level at $13.59.
Ratios:
Our goal is to gain a better understanding of SONO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.
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, Morgan Stanley on September 26, 2024, Downgraded its rating to Underweight and sets its target price to $11 from $25 previously.
On August 08, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $25 to $10.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 12, 2023, whereas the target price for the stock was revised from $17 to $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’24 when Coles Joanna sold 905 shares for $15.45 per share. The transaction valued at 13,982 led to the insider holds 20,044 shares of the business.
Coles Joanna bought 905 shares of SONO for $13,982 on Nov 14 ’24. On Aug 19 ’24, another insider, Bouvat-Merlin Maxime, who serves as the Chief Product Officer of the company, sold 37,256 shares for $11.53 each. As a result, the insider received 429,375 and left with 0 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, SONO now has a Market Capitalization of 1660855424 and an Enterprise Value of 1487541376. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 3.87. Its current Enterprise Value per Revenue stands at 0.98 whereas that against EBITDA is 343.384.
Stock Price History:
Over the past 52 weeks, SONO has reached a high of $19.76, while it has fallen to a 52-week low of $10.23. The 50-Day Moving Average of the stock is 5.95%, while the 200-Day Moving Average is calculated to be -8.63%.
Shares Statistics:
The stock has traded on average 2.00M shares per day over the past 3-months and 2032330 shares per day over the last 10 days, according to various share statistics. A total of 121.76M shares are outstanding, with a floating share count of 119.27M. Insiders hold about 2.04% of the company’s shares, while institutions hold 89.84% stake in the company. Shares short for SONO as of 1731628800 were 8717211 with a Short Ratio of 4.36, compared to 1728950400 on 9926036. Therefore, it implies a Short% of Shares Outstanding of 8717211 and a Short% of Float of 10.190000000000001.
Earnings Estimates
Investors are keenly observing as 2.0 analysts analyze and rate the current performance of Sonos Inc (SONO) in the stock market.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.05 and low estimates of -$0.2.
Analysts are recommending an EPS of between $0.67 and $0.21 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.58, with 2.0 analysts recommending between $0.75 and $0.42.
Revenue Estimates
4 analysts predict $519.47M in revenue for the current quarter. It ranges from a high estimate of $521.57M to a low estimate of $517.58M. As of the current estimate, Sonos Inc’s year-ago sales were $612.87MFor the next quarter, 4 analysts are estimating revenue of $257.52M. There is a high estimate of $290.43M for the next quarter, whereas the lowest estimate is $237.5M.
A total of 5 analysts have provided revenue estimates for SONO’s current fiscal year. The highest revenue estimate was $1.5B, while the lowest revenue estimate was $1.44B, resulting in an average revenue estimate of $1.48B. In the same quarter a year ago, actual revenue was $1.52BBased on 4 analysts’ estimates, the company’s revenue will be $1.63B in the next fiscal year. The high estimate is $1.71B and the low estimate is $1.56B.
