Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Spotify Technology S.A (NYSE: SPOT) closed the day trading at $489.24 down -8.05% from the previous closing price of $532.10. In other words, the price has decreased by -$8.05 from its previous closing price. On the day, 5.81 million shares were traded.
Ratios:
For a better understanding of SPOT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.21. 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 10 ’25 when Berg Katarina bought 2,166 shares for $500.00 per share.
Daniel Ek bought 50,000 shares of SPOT for $29,207,000 on Mar 05 ’25. On Mar 03 ’25, another insider, Mothner Eve, who serves as the Officer of the company, bought 777 shares for $620.00 each.
Valuation Measures:
As of this moment, Spotify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.68, and their Forward P/E ratio for the next fiscal year is 35.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.80 while its Price-to-Book (P/B) ratio in mrq is 17.43.
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 -10.11%, while the 200-Day Moving Average is calculated to be 19.27%.
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.
