On Tuesday, Sonos Inc (NASDAQ: SONO) was 2.80% up from the session before settling in for the closing price of $12.13. A 52-week range for SONO has been $9.78 – $19.76.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 8.41%. When this article was written, the company’s average yearly earnings per share was at -233.33%. With a float of $118.68 million, this company’s outstanding shares have now reached $125.11 million.
The extent of productivity of a business whose workforce counts for 1867 workers is very important to gauge. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sonos Inc stocks. The insider ownership of Sonos Inc is 1.92%, while institutional ownership is 92.03%. 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
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.25 earnings per share (EPS) during the time that was less than consensus figure (set at -0.18) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
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
You can see what Sonos Inc (SONO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.96. Likewise, its price to free cash flow for the trailing twelve months is 7.54.
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)
The latest stats from [Sonos Inc, SONO] show that its last 5-days average volume of 2.39 million was superior to 1.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.37%. Additionally, its Average True Range was 0.46.
During the past 100 days, Sonos Inc’s (SONO) raw stochastic average was set at 28.79%, which indicates a significant decrease from 98.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.31% in the past 14 days, which was lower than the 38.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.57, while its 200-day Moving Average is $15.89. Now, the first resistance to watch is $12.61. This is followed by the second major resistance level at $12.74. The third major resistance level sits at $13.00. If the price goes on to break the first support level at $12.22, it is likely to go to the next support level at $11.96. Assuming the price breaks the second support level, the third support level stands at $11.83.
Sonos Inc (NASDAQ: SONO) Key Stats
There are 122,901K outstanding shares of the company, which has a market capitalization of 1.51 billion. As of now, sales total 1,655 M while income totals -10,270 K. Its latest quarter income was 397,150 K while its last quarter net income were 3,710 K.
