Snowflake Inc (NYSE: SNOW) kicked off on Friday, up 0.97% from the previous trading day, before settling in for the closing price of $114.92. Over the past 52 weeks, SNOW has traded in a range of $107.13-$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
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 101.75%. While this was happening, its average annual earnings per share was recorded -39.27%. With a float of $309.10 million, this company’s outstanding shares have now reached $334.45 million.
The extent of productivity of a business whose workforce counts for 7004 workers is very important to gauge. In terms of profitability, gross margin is 67.1%, operating margin of -38.64%, and the pretax margin is -31.64%.
Snowflake Inc (SNOW) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Snowflake Inc is 7.79%, while institutional ownership is 59.52%. The most recent insider transaction that took place on Oct 10 ’24, was worth 3,600,000. In this transaction EVP, Product Management of this company sold 30,000 shares at a rate of $120.00, taking the stock ownership to the 721,755 shares. Before that another transaction happened on Oct 10 ’24, when Company’s Officer proposed sale 30,000 for $120.00, making the entire transaction worth $3,600,000.
Snowflake Inc (SNOW) Latest Financial update
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.25 earnings per share (EPS), higher than consensus estimate (set at 0.16) by 0.09. 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 -39.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to -31.70% drop over the previous five years of trading.
Snowflake Inc (NYSE: SNOW) Trading Performance Indicators
Take a look at Snowflake Inc’s (SNOW) current performance indicators. Last quarter, stock had a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.13. Likewise, its price to free cash flow for the trailing twelve months is 46.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.06, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.91 in one year’s time.
Technical Analysis of Snowflake Inc (SNOW)
The latest stats from [Snowflake Inc, SNOW] show that its last 5-days average volume of 3.34 million was inferior to 6.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.55%. Additionally, its Average True Range was 3.57.
During the past 100 days, Snowflake Inc’s (SNOW) raw stochastic average was set at 22.65%, which indicates a significant increase from 21.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.71% in the past 14 days, which was lower than the 43.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.87, while its 200-day Moving Average is $149.44. Now, the first resistance to watch is $117.03. This is followed by the second major resistance level at $118.03. The third major resistance level sits at $118.98. If the price goes on to break the first support level at $115.08, it is likely to go to the next support level at $114.13. The third support level lies at $113.13 if the price breaches the second support level.
Snowflake Inc (NYSE: SNOW) Key Stats
The company with the Market Capitalisation of 38.90 billion has total of 334,800K Shares Outstanding. Its annual sales at the moment are 2,806 M in contrast with the sum of -836,100 K annual income. Company’s last quarter sales were recorded 868,820 K and last quarter income was -316,900 K.
