Sonos Inc (NASDAQ: SONO) kicked off on Monday, up 2.26% from the previous trading day, before settling in for the closing price of $11.51. Over the past 52 weeks, SONO has traded in a range of $9.78-$19.76.
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A company in the Technology sector has jumped its sales by 8.41% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -233.33%. With a float of $118.71 million, this company’s outstanding shares have now reached $125.11 million.
In an organization with 1867 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.57%, operating margin of -0.15%, and the pretax margin is 0.17%.
Sonos Inc (SONO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Consumer Electronics Industry. The insider ownership of Sonos Inc is 1.90%, while institutional ownership is 92.00%. The most recent insider transaction that took place on Aug 19 ’24, was worth 429,375. In this transaction Chief Product Officer of this company sold 37,256 shares at a rate of $11.53, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Chief People Officer sold 6,438 for $11.56, making the entire transaction worth $74,423. This insider now owns 26,588 shares in total.
Sonos Inc (SONO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -233.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.90% during the next five years compared to 19.48% growth over the previous five years of trading.
Sonos Inc (NASDAQ: SONO) Trading Performance Indicators
Take a look at Sonos Inc’s (SONO) current performance indicators. Last quarter, stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91. Likewise, its price to free cash flow for the trailing twelve months is 7.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Sonos Inc (SONO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.85 million. That was inferior than the volume of 1.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.74%. Additionally, its Average True Range was 0.54.
During the past 100 days, Sonos Inc’s (SONO) raw stochastic average was set at 16.95%, which indicates a significant decrease from 60.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.36% in the past 14 days, which was higher than the 36.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.43, while its 200-day Moving Average is $15.97. However, in the short run, Sonos Inc’s stock first resistance to watch stands at $11.92. Second resistance stands at $12.07. The third major resistance level sits at $12.29. If the price goes on to break the first support level at $11.55, it is likely to go to the next support level at $11.33. Assuming the price breaks the second support level, the third support level stands at $11.18.
Sonos Inc (NASDAQ: SONO) Key Stats
The company with the Market Capitalisation of 1.42 billion has total of 122,901K Shares Outstanding. Its annual sales at the moment are 1,655 M in contrast with the sum of -10,270 K annual income. Company’s last quarter sales were recorded 397,150 K and last quarter income was 3,710 K.
