Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Snowflake Inc (NYSE: SNOW) closed the day trading at $163.06 up 1.00% from the previous closing price of $161.44. In other words, the price has increased by $1.00 from its previous closing price. On the day, 1.75 million shares were traded. SNOW stock price reached its highest trading level at $163.68 during the session, while it also had its lowest trading level at $161.41.
Ratios:
For a better understanding of SNOW, 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 13.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.87.
On November 21, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $140 to $188.
Monness Crespi & Hardt Upgraded its Neutral to Buy on November 06, 2024, while the target price for the stock was maintained at $140.
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 Dec 23 ’24 when Kleinerman Christian sold 861 shares for $165.31 per share. The transaction valued at 142,332 led to the insider holds 582,930 shares of the business.
Dageville Benoit sold 286 shares of SNOW for $47,279 on Dec 23 ’24. The President of Products now owns 47,710 shares after completing the transaction at $165.31 per share. On Dec 23 ’24, another insider, Dageville Benoit, who serves as the Officer of the company, bought 286 shares for $165.31 each.
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 53821378560 and an Enterprise Value of 40371916800. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.92 while its Price-to-Book (P/B) ratio in mrq is 18.37. Its current Enterprise Value per Revenue stands at 12.591 whereas that against EBITDA is -35.724.
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 $107.13. The 50-Day Moving Average of the stock is 12.97%, while the 200-Day Moving Average is calculated to be 18.05%.
Shares Statistics:
Over the past 3-months, SNOW traded about 7.10M shares per day on average, while over the past 10 days, SNOW traded about 5769580 shares per day. A total of 330.07M shares are outstanding, with a floating share count of 304.99M. Insiders hold about 7.61% of the company’s shares, while institutions hold 58.92% stake in the company. Shares short for SNOW as of 1730332800 were 11770047 with a Short Ratio of 1.77, compared to 1727654400 on 13169649. Therefore, it implies a Short% of Shares Outstanding of 11770047 and a Short% of Float of 3.63.
