Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $8.90 in the prior trading day, Sonos Inc (NASDAQ: SONO) closed at $8.60, down -3.43%. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 3.13 million shares were traded. SONO stock price reached its highest trading level at $8.67 during the session, while it also had its lowest trading level at $7.95.
Ratios:
Our goal is to gain a better understanding of SONO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 121.85. 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 1023518400 and an Enterprise Value of 759813504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 0.522 whereas that against EBITDA is -55.011.
Stock Price History:
The Beta on a monthly basis for SONO is 2.07, which has changed by -0.5245992 over the last 52 weeks, in comparison to a change of -0.024663687 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 $8.88. The 50-Day Moving Average of the stock is -31.21%, while the 200-Day Moving Average is calculated to be -34.36%.
Shares Statistics:
The stock has traded on average 1.99M shares per day over the past 3-months and 1759690 shares per day over the last 10 days, according to various share statistics. 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 92.94% stake in the company. Shares short for SONO as of 1741910400 were 6676738 with a Short Ratio of 3.35, 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
