Sonos Inc (NASDAQ: SONO) on Tuesday, plunged -0.61% from the previous trading day, before settling in for the closing price of $13.06. Within the past 52 weeks, SONO’s price has moved between $9.97 and $19.76.
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Annual sales at Technology sector company grew by 7.79% over the past five years. The company achieved an average annual earnings per share of -234.38%. With a float of $118.70 million, this company’s outstanding shares have now reached $125.11 million.
Let’s look at the performance matrix of the company that is accounted for 1867 employees. 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 and Institutional Ownership
Observing investor behavior towards Consumer Electronics industry stocks is more important than anything else. The insider ownership of Sonos Inc is 1.90%, while institutional ownership is 93.05%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -234.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to 19.48% growth over the previous five years of trading.
Sonos Inc (NASDAQ: SONO) Trading Performance Indicators
Sonos Inc (SONO) is currently performing well based on its current performance indicators. A quick ratio of 1.23 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00. Likewise, its price to free cash flow for the trailing twelve months is 7.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.39 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of Sonos Inc (SONO)
Sonos Inc (NASDAQ: SONO) saw its 5-day average volume 1.16 million, a negative change from its year-to-date volume of 1.91 million. As of the previous 9 days, the stock’s Stochastic %D was 77.37%. Additionally, its Average True Range was 0.41.
During the past 100 days, Sonos Inc’s (SONO) raw stochastic average was set at 45.32%, which indicates a significant decrease from 87.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.44% in the past 14 days, which was lower than the 39.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.11, while its 200-day Moving Average is $15.26. Nevertheless, the first resistance level for the watch stands at $13.14 in the near term. At $13.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.50. If the price goes on to break the first support level at $12.79, it is likely to go to the next support level at $12.60. The third support level lies at $12.43 if the price breaches the second support level.
Sonos Inc (NASDAQ: SONO) Key Stats
Market capitalization of the company is 1.57 billion based on 121,010K outstanding shares. Right now, sales total 1,655 M and income totals -10,270 K. The company made 397,150 K in profit during its latest quarter, and 3,710 K in sales during its previous quarter.
