Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $10.89 in the prior trading day, Sonos Inc (NASDAQ: SONO) closed at $10.62, down -2.48%. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 1.69 million shares were traded.
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 5.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.15.
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 Apr 03 ’25 when Coliseum Capital Management, L bought 147,157 shares for $9.17 per share. The transaction valued at 1,349,430 led to the insider holds 12,055,582 shares of the business.
Coliseum Capital Management, L bought 62,506 shares of SONO for $523,800 on Apr 07 ’25. The 10% Owner now owns 12,118,088 shares after completing the transaction at $8.38 per share. On Feb 10 ’25, another insider, Spence Patrick, who serves as the Former Officer & Director of the company, bought 250,000 shares for $13.82 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 3.43.
Stock Price History:
Over the past 52 weeks, SONO has reached a high of $17.16, while it has fallen to a 52-week low of $7.62. The 50-Day Moving Average of the stock is 6.18%, while the 200-Day Moving Average is calculated to be -13.90%.
Shares Statistics:
A total of 123.76M shares are outstanding, with a floating share count of 117.33M. Insiders hold about 2.30% of the company’s shares, while institutions hold 91.58% stake in the company.
