Sonos Inc (NASDAQ: SONO) is -12.83% lower on its value in year-to-date trading and has touched a low of $10.23 and a high of $19.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SONO stock was last observed hovering at around $13.05 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $13.11, the stock is -0.87% and -5.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 0.46% at the moment leaves the stock -3.65% off its SMA200. SONO registered -31.83% loss for a year compared to 6-month gain of 7.20%.
The stock witnessed a -3.39% loss in the last 1 month and extending the period to 3 months gives it a -3.67%, and is -3.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.75% over the week and 4.82% over the month.
Sonos Inc (SONO) has around 1708 employees, a market worth around $1.56B and $1.46B in sales. Profit margin for the company is -4.73%. Distance from 52-week low is 28.18% and -33.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.09%).
with sales reaching $251.85M over the same period.The EPS is expected to grow by 17.42% this year, but quarterly earnings will post -3.13% year-over-year. Quarterly sales are estimated to shrink -0.32% in year-over-year returns.
The shares outstanding are 124.73M, and float is at 116.52M with Short Float at 6.40%.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.52 million shares valued at $288.12 million. The investor’s holdings represent 15.7738 of the SONO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.18 million shares valued at $209.33 million to account for 11.4605 of the shares outstanding. The other top investors are TRIGRAN INVESTMENTS, INC. which holds 5.28 million shares representing 4.3071 and valued at over $77.91 million, while STATE STREET CORP holds 3.9013 of the shares totaling 4.83 million with a market value of $71.26 million.
Sonos Inc (SONO) Insider Activity
A total of 0 insider transactions have happened at Sonos Inc (SONO) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Still, SEC filings show that on Nov 14 ’24, Coles Joanna (Director) disposed off 905 shares at an average price of $15.45 for $13982.0. The insider now directly holds 20,044 shares of Sonos Inc (SONO).
Sonos Inc (SONO): Who are the competitors?
One of the company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 39.39% up over the past 12 months.Amazon.com Inc. (AMZN) lies in the list of competitors of the Sonos Inc and is 20.09% higher over the same period from SONOAlphabet Inc. Cl A (GOOGL) is 31.67% up on the 1-year trading charts.
