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After finishing at $586.83 in the prior trading day, Spotify Technology S.A (NYSE: SPOT) closed at $543.41, down -7.40%. In other words, the price has decreased by -$7.40 from its previous closing price. On the day, 2.96 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SPOT 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 14.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
Pivotal Research Group reiterated its Buy rating for the stock on November 13, 2024, while the target price for the stock was revised from $510 to $565.
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 Mar 05 ’25 when Daniel Ek bought 50,000 shares for $584.14 per share.
Mothner Eve bought 777 shares of SPOT for $481,740 on Mar 03 ’25. On Feb 26 ’25, another insider, O’NEILL HEIDI, who serves as the Director of the company, bought 1,879 shares for $602.40 each.
Valuation Measures:
As of this moment, Spotify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.72, and their Forward P/E ratio for the next fiscal year is 39.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.44 while its Price-to-Book (P/B) ratio in mrq is 19.36.
Stock Price History:
Over the past 52 weeks, SPOT has reached a high of $652.63, while it has fallen to a 52-week low of $249.58. The 50-Day Moving Average of the stock is 0.22%, while the 200-Day Moving Average is calculated to be 33.14%.
Shares Statistics:
A total of 203.84M shares are outstanding, with a floating share count of 148.47M. Insiders hold about 25.84% of the company’s shares, while institutions hold 67.01% stake in the company.