Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Sonos Inc (NASDAQ: SONO) closed at $12.46 down -3.56% from its previous closing price of $12.92. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 2.86 million shares were traded.
Ratios:
For a deeper understanding of Sonos Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 176.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 10 ’25 when Spence Patrick bought 250,000 shares for $13.82 per share.
Mason Christopher Scott bought 1,689 shares of SONO for $23,917 on Dec 03 ’24. On Nov 14 ’24, another insider, Coles Joanna, who serves as the Director of the company, sold 905 shares for $15.45 each. As a result, the insider received 13,982 and left with 20,044 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 3.31.
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 -12.57%, while the 200-Day Moving Average is calculated to be -9.84%.
Shares Statistics:
A total of 124.73M shares are outstanding, with a floating share count of 116.64M. Insiders hold about 2.05% of the company’s shares, while institutions hold 92.79% stake in the company.
