A new trading day began on August 04, 2022, with Sonos Inc. (NASDAQ: SONO) stock priced at $22.59, up 1.02% from the previous day of trading. During the day, the shares moved up to $22.97 and dropped to $22.23 before settling in for the closing price of $22.57. SONO’s price has ranged from $17.43 to $42.57 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 13.80%. Meanwhile, its annual earnings per share averaged 717.10%. With a float of $126.28 million, this company’s outstanding shares have now reached $128.11 million.
Considering the fact that the conglomerate employs 1525 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +47.18, operating margin of +10.64, and the pretax margin is +9.14.
Sonos Inc. (SONO) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Consumer Electronics Industry. The insider ownership of Sonos Inc. is 1.30%, while institutional ownership is 98.10%. The most recent insider transaction that took place on Aug 03, was worth 19,702. In this transaction Director of this company sold 905 shares at a rate of $21.77, taking the stock ownership to the 21,097 shares. Before that another transaction happened on Jul 15, when Company’s Chief Executive Officer sold 65,237 for $18.96, making the entire transaction worth $1,236,743. This insider now owns 727,690 shares in total.
Sonos Inc. (SONO) Recent Fiscal highlights
In its latest quarterly report, released on 3/30/2022, the company reported earnings of $0.06 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +9.24 while generating a return on equity of 36.59. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 717.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.40% during the next five years compared to 37.50% growth over the previous five years of trading.
Sonos Inc. (NASDAQ: SONO) Trading Performance Indicators
Here are Sonos Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 23.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.45 in one year’s time.
Technical Analysis of Sonos Inc. (SONO)
Compared to the last year’s volume of 2.77 million, its volume of 1.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.44%. Additionally, its Average True Range was 0.93.
During the past 100 days, Sonos Inc.’s (SONO) raw stochastic average was set at 38.94%, which indicates a significant decrease from 95.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.77% in the past 14 days, which was lower than the 63.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.45, while its 200-day Moving Average is $25.92. Nevertheless, the first resistance level for the watch stands at $23.10 in the near term. At $23.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.84. If the price goes on to break the first support level at $22.36, it is likely to go to the next support level at $21.93. Now, if the price goes above the second support level, the third support stands at $21.62.
Sonos Inc. (NASDAQ: SONO) Key Stats
With a market capitalization of 2.81 billion, the company has a total of 127,889K Shares Outstanding. Currently, annual sales are 1,717 M while annual income is 158,600 K. The company’s previous quarter sales were 399,780 K while its latest quarter income was 8,570 K.
