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The closing price of Snowflake Inc (NYSE: SNOW) was $183.06 for the day, down -1.85% from the previous closing price of $186.51. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 6.66 million shares were traded. SNOW stock price reached its highest trading level at $186.54 during the session, while it also had its lowest trading level at $182.3.
Ratios:
Our analysis of SNOW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.87.
On November 21, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $140 to $188.
Monness Crespi & Hardt Upgraded its Neutral to Buy on November 06, 2024, while the target price for the stock was maintained at $140.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 04 ’24 when Kleinerman Christian sold 15,000 shares for $180.00 per share. The transaction valued at 2,700,000 led to the insider holds 691,755 shares of the business.
Slootman Frank sold 2,218 shares of SNOW for $388,150 on Dec 03 ’24. The Director now owns 208,735 shares after completing the transaction at $175.00 per share. On Dec 02 ’24, another insider, Slootman Frank, who serves as the Director of the company, sold 1,774 shares for $175.83 each. As a result, the insider received 311,924 and left with 208,735 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, SNOW now has a Market Capitalization of 61561614336 and an Enterprise Value of 40371916800. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.70 while its Price-to-Book (P/B) ratio in mrq is 20.63. Its current Enterprise Value per Revenue stands at 12.591 whereas that against EBITDA is -35.724.
Stock Price History:
Over the past 52 weeks, SNOW has reached a high of $237.72, while it has fallen to a 52-week low of $107.13. The 50-Day Moving Average of the stock is 40.49%, while the 200-Day Moving Average is calculated to be 30.99%.
Shares Statistics:
SNOW traded an average of 7.20M shares per day over the past three months and 15003620 shares per day over the past ten days. A total of 330.07M shares are outstanding, with a floating share count of 305.24M. Insiders hold about 7.53% of the company’s shares, while institutions hold 58.93% stake in the company. Shares short for SNOW as of 1730332800 were 11770047 with a Short Ratio of 1.84, compared to 1727654400 on 13169649. Therefore, it implies a Short% of Shares Outstanding of 11770047 and a Short% of Float of 3.63.
