Sonos Inc (NASDAQ: SONO) on Tuesday, plunged -4.90% from the previous trading day, before settling in for the closing price of $8.57. Within the past 52 weeks, SONO’s price has moved between $7.95 and $18.48.
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A company in the Technology sector has jumped its sales by 4.58% annually for the last half of the decade. The company achieved an average annual earnings per share of -45.81%. With a float of $116.39 million, this company’s outstanding shares have now reached $124.73 million.
In an organization with 1708 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.51%, operating margin of -5.31%, and the pretax margin is -5.24%.
Sonos Inc (SONO) Insider Updates
Observing investor behavior towards Consumer Electronics industry stocks is more important than anything else. The insider ownership of Sonos Inc is 2.26%, while institutional ownership is 92.93%. The most recent insider transaction that took place on Apr 03 ’25, was worth 1,349,430. In this transaction 10% Owner of this company bought 147,157 shares at a rate of $9.17, taking the stock ownership to the 12,055,582 shares. Before that another transaction happened on Apr 07 ’25, when Company’s 10% Owner bought 62,506 for $8.38, making the entire transaction worth $523,800. This insider now owns 12,118,088 shares in total.
Sonos Inc (SONO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -45.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.57% during the next five years compared to -46.49% drop 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 1.27 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 0.67. Likewise, its price to free cash flow for the trailing twelve months is 115.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -0.26 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 3.02 million. That was better than the volume of 2.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.80%. Additionally, its Average True Range was 0.62.
During the past 100 days, Sonos Inc’s (SONO) raw stochastic average was set at 2.52%, which indicates a significant decrease from 4.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.69% in the past 14 days, which was higher than the 50.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.27, while its 200-day Moving Average is $13.03. However, in the short run, Sonos Inc’s stock first resistance to watch stands at $8.70. Second resistance stands at $9.24. The third major resistance level sits at $9.58. If the price goes on to break the first support level at $7.81, it is likely to go to the next support level at $7.47. Assuming the price breaks the second support level, the third support level stands at $6.92.
Sonos Inc (NASDAQ: SONO) Key Stats
Market capitalization of the company is 970.52 million based on 119,083K outstanding shares. Right now, sales total 1,518 M and income totals -38,150 K. The company made 550,860 K in profit during its latest quarter, and 50,240 K in sales during its previous quarter.
