In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Snap Inc’s stock clocked out at $11.84, up 4.41% from its previous closing price of $11.34. In other words, the price has increased by $4.41 from its previous closing price. On the day, 34.42 million shares were traded. SNAP stock price reached its highest trading level at $12.35 during the session, while it also had its lowest trading level at $11.63.
Ratios:
To gain a deeper understanding of SNAP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 134.95. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.89.
On September 20, 2024, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $11.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $8.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $8 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 31 ’24 when O’Sullivan Michael J. sold 18,000 shares for $10.84 per share. The transaction valued at 195,104 led to the insider holds 498,498 shares of the business.
Michael O’Sullivan Living Trus bought 18,000 shares of SNAP for $193,860 on Dec 31 ’24. On Dec 16 ’24, another insider, Morrow Rebecca, who serves as the CAO of the company, sold 2,812 shares for $11.44 each. As a result, the insider received 32,182 and left with 430,252 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, SNAP now has a Market Capitalization of 19858165760 and an Enterprise Value of 20906545152. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.84 while its Price-to-Book (P/B) ratio in mrq is 8.96. Its current Enterprise Value per Revenue stands at 4.047 whereas that against EBITDA is -27.217.
Stock Price History:
The Beta on a monthly basis for SNAP is 0.99, which has changed by -0.30043185 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, SNAP has reached a high of $17.50, while it has fallen to a 52-week low of $8.29. The 50-Day Moving Average of the stock is 1.75%, while the 200-Day Moving Average is calculated to be -3.88%.
Shares Statistics:
It appears that SNAP traded 30.05M shares on average per day over the past three months and 27816730 shares per day over the past ten days. A total of 1.42B shares are outstanding, with a floating share count of 1.07B. Insiders hold about 35.97% of the company’s shares, while institutions hold 51.87% stake in the company. Shares short for SNAP as of 1735603200 were 87296023 with a Short Ratio of 2.90, compared to 1732838400 on 67252156. Therefore, it implies a Short% of Shares Outstanding of 87296023 and a Short% of Float of 9.4.
