For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Sonos Inc (NASDAQ: SONO) closed the day trading at $10.77 up 0.28% from the previous closing price of $10.74. In other words, the price has increased by $0.28 from its previous closing price. On the day, 0.92 million shares were traded. SONO stock price reached its highest trading level at $10.87 during the session, while it also had its lowest trading level at $10.45.
Ratios:
For a better understanding of SONO, 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 3.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 152.68. 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:
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 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:
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 1282523904 and an Enterprise Value of 1015245824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 0.697 whereas that against EBITDA is -73.505.
Stock Price History:
The Beta on a monthly basis for SONO is 2.04, which has changed by -0.423756 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, SONO has reached a high of $19.33, while it has fallen to a 52-week low of $10.23. The 50-Day Moving Average of the stock is -15.26%, while the 200-Day Moving Average is calculated to be -18.15%.
Shares Statistics:
Over the past 3-months, SONO traded about 1.93M shares per day on average, while over the past 10 days, SONO traded about 1364760 shares per day. A total of 124.73M shares are outstanding, with a floating share count of 116.39M. Insiders hold about 2.26% of the company’s shares, while institutions hold 92.93% stake in the company. Shares short for SONO as of 1741910400 were 6676738 with a Short Ratio of 3.45, compared to 1739491200 on 7459937. Therefore, it implies a Short% of Shares Outstanding of 6676738 and a Short% of Float of 7.99.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
