A new trading day began on Monday, with Sonos Inc (NASDAQ: SONO) stock price up 3.61% from the previous day of trading, before settling in for the closing price of $13.84. SONO’s price has ranged from $10.23 to $19.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 7.79%. Meanwhile, its annual earnings per share averaged -234.38%. With a float of $118.70 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Consumer Electronics Industry. The insider ownership of Sonos Inc is 1.91%, while institutional ownership is 92.24%. 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 -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 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
Here are Sonos Inc’s current performance indicators. According to the last quarter’s results, the 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 1.13. Likewise, its price to free cash flow for the trailing twelve months is 8.87.
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)
The latest stats from [Sonos Inc, SONO] show that its last 5-days average volume of 1.68 million was inferior to 1.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.93%. Additionally, its Average True Range was 0.49.
During the past 100 days, Sonos Inc’s (SONO) raw stochastic average was set at 83.04%, which indicates a significant decrease from 83.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.73% in the past 14 days, which was lower than the 40.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.41, while its 200-day Moving Average is $15.14. Now, the first resistance to watch is $14.53. This is followed by the second major resistance level at $14.73. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $14.02, it is likely to go to the next support level at $13.71. Assuming the price breaks the second support level, the third support level stands at $13.51.
Sonos Inc (NASDAQ: SONO) Key Stats
With a market capitalization of 1.78 billion, the company has a total of 121,010K Shares Outstanding. Currently, annual sales are 1,655 M while annual income is -10,270 K. The company’s previous quarter sales were 397,150 K while its latest quarter income was 3,710 K.
