Witnessing the stock’s movement on the chart, on Wednesday, Snowflake Inc (NYSE: SNOW) had a quiet start as it plunged -1.68% to $152.97, before settling in for the price of $155.58 at the close. Taking a more long-term approach, SNOW posted a 52-week range of $135.26-$237.72.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Technology sector firm’s twelve-monthly sales growth has been 101.75% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -31.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.05%. This publicly-traded company’s shares outstanding now amounts to $334.45 million, simultaneously with a float of $307.55 million. The organization now has a market capitalization sitting at $51.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $187.21, while the 200-day Moving Average is $174.29.
Snowflake Inc (SNOW) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Snowflake Inc’s current insider ownership accounts for 7.97%, in contrast to 62.14% institutional ownership. According to the most recent insider trade that took place on Mar 25 ’24, this organization’s Chief Executive Officer bought 31,542 shares at the rate of 158.52, making the entire transaction reach 5,000,038 in total value, affecting insider ownership by 31,542. Preceding that transaction, on Mar 19 ’24, Company’s Chief Accounting Officer sold 1,968 for 157.41, making the whole transaction’s value amount to 309,793. This particular insider is now the holder of 30,425 in total.
Snowflake Inc (SNOW) Earnings and Revenue Records
As on 1/30/2024, Multinational firm has announced its last quarter scores, in which it reported $0.35 earnings per share (EPS) for the period topping the consensus outlook (set at $0.18) by $0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
Snowflake Inc’s EPS decrease for this current 12-month fiscal period is -4.05% and is forecasted to reach 1.37 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.05% through the next 5 years, which can be compared against the -31.70% growth it accomplished over the previous five years trading on the market.
Snowflake Inc (NYSE: SNOW) Trading Performance Indicators
Let’s observe the current performance indicators for Snowflake Inc (SNOW). It’s Quick Ratio in the last reported quarter now stands at 1.81. The Stock has managed to achieve an average true range (ATR) of 5.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 18.22. Similarly, its price to free cash flow for trailing twelve months is now 65.63.
In the same vein, SNOW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.55, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 1.37 at the market close of one year from today.
Technical Analysis of Snowflake Inc (SNOW)
Going through the that latest performance of [Snowflake Inc, SNOW]. Its last 5-days volume of 4.21 million was inferior to the volume of 6.85 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 25.21% While, its Average True Range was 4.80.
Raw Stochastic average of Snowflake Inc (SNOW) in the period of the previous 100 days is set at 2.70%, which indicates a major fall in contrast to 13.01% 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 22.30% that was lower than 49.07% volatility it exhibited in the past 100-days period.
