Sonos Inc. (SONO) went down -0.36% yesterday: Is this the Most Sought-After Stock Today?

Sonos Inc. (NASDAQ: SONO) started the day on March 15, 2023, with a price decrease of -0.36% at $19.23. During the day, the stock rose to $19.24 and sunk to $18.73 before settling in for the price of $19.30 at the close. Taking a more long-term approach, SONO posted a 52-week range of $13.65-$31.22.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


In the past 5-years timespan, the Technology sector firm’s annual sales growth was 12.00%. Meanwhile, its Annual Earning per share during the time was 40.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.70%. This publicly-traded company’s shares outstanding now amounts to $127.21 million, simultaneously with a float of $124.59 million. The organization now has a market capitalization sitting at $2.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.04, while the 200-day Moving Average is $17.93.

If we measure the efficiency of the company that is accounted for 1844 employees. For the Profitability, stocks gross margin was +45.45, operating margin was +6.41 and Pretax Margin of +3.92.

Sonos Inc. (SONO) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Consumer Electronics Industry. Sonos Inc.’s current insider ownership accounts for 1.50%, in contrast to 89.40% institutional ownership. According to the most recent insider trade that took place on Mar 03, this organization’s Director sold 905 shares at the rate of 20.00, making the entire transaction reach 18,100 in total value, affecting insider ownership by 14,762. Preceding that transaction, on Feb 17, Company’s CFO & CLO sold 13,220 for 20.70, making the whole transaction’s value amount to 273,589. This particular insider is now the holder of 176,290 in total.

Sonos Inc. (SONO) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2022, the organization reported $0.57 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.4) by $0.17. This company achieved a net margin of +3.85 while generating a return on equity of 11.93. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

Sonos Inc.’s EPS decrease for this current 12-month fiscal period is -56.70% and is forecasted to reach 0.45 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.10% through the next 5 years, which can be compared against the 40.00% growth it accomplished over the previous five years trading on the market.

Sonos Inc. (NASDAQ: SONO) Trading Performance Indicators

Let’s observe the current performance indicators for Sonos Inc. (SONO). It’s Quick Ratio in the last reported quarter now stands at 1.20. The Stock has managed to achieve an average true range (ATR) of 0.63. Alongside those numbers, its PE Ratio stands at $150.23, and its Beta score is 1.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.43.

In the same vein, SONO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.13, a figure that is expected to reach -0.22 in the next quarter, and analysts are predicting that it will be 0.45 at the market close of one year from today.

Technical Analysis of Sonos Inc. (SONO)

If we take a close look at the recent performances of Sonos Inc. (NASDAQ: SONO), its last 5-days Average volume was 1.3 million that shows plunge from its year to date volume of 1.89 million. During the previous 9 days, stock’s Stochastic %D was recorded 36.74% While, its Average True Range was 0.62.

Raw Stochastic average of Sonos Inc. (SONO) in the period of the previous 100 days is set at 69.06%, which indicates a major rise in contrast to 36.42% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.34% that was lower than 44.30% volatility it exhibited in the past 100-days period.


On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...



Don't miss

Wearable Devices (WLDS) Stock Rose 12% On Tuesday, But On What Basis?

Wearable Devices Ltd (NASD: WLDS) is experiencing significant growth...

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Do You Know Why Evolv Technologies (EVLV) Stock Surged Nearly 10% Today?

Today's charts show Evolv Technologies Holdings Inc. (Nasdaq: EVLV)...

Wheels Up Experience Inc. (UP) volume exceeds 1.5 million: A new investment opportunity for investors

March 27, 2023, Wheels Up Experience Inc. (NYSE: UP) trading session started at the price of $0.6759, that was 4.48% jump from the session...

Clear Secure Inc. (YOU) 20 Days SMA touches -5.12%: The odds favor the bear

On March 27, 2023, Clear Secure Inc. (NYSE: YOU) opened at $23.96, higher 7.66% from the last session. During the day, the shares moved...

Can Equity Residential’s (EQR) drop of -3.40% in a week be considered a lucky break?

A new trading day began on March 27, 2023, with Equity Residential (NYSE: EQR) stock priced at $56.42, up 0.34% from the previous day...


Please enter your comment!
Please enter your name here