Snowflake Inc (NYSE: SNOW) is -2.92% lower on its value in year-to-date trading and has touched a low of $107.13 and a high of $194.40 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 SNOW stock was last observed hovering at around $147.59 in the last trading session, with the day’s gains setting it 2.31%.
Currently trading at $149.90, the stock is -13.91% and -13.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.54 million and changing 1.57% at the moment leaves the stock 5.55% off its SMA200. SNOW registered -11.01% loss for a year compared to 6-month gain of 38.08%.
The stock witnessed a -18.55% loss in the last 1 month and extending the period to 3 months gives it a -18.11%, and is -13.65% 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 6.52% over the week and 5.02% over the month.
Snowflake Inc (SNOW) has around 7004 employees, a market worth around $49.48B and $3.63B in sales. Fwd P/E is 94.31. Profit margin for the company is -35.45%. Distance from 52-week low is 39.92% and -22.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.76%).
with sales reaching $1.01B over the same period.The EPS is expected to grow by 40.61% this year, but quarterly earnings will post 23.69% year-over-year. Quarterly sales are estimated to grow 21.42% in year-over-year returns.
Snowflake Inc (SNOW) Top Institutional Holders
The shares outstanding are 330.10M, and float is at 307.44M with Short Float at 3.20%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.5 million shares valued at $3.04 billion. The investor’s holdings represent 6.7438% of the SNOW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.78 million shares valued at $2.27 billion to account for 5.0288 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 12.37 million shares representing 3.7072% and valued at over $1.67 billion, while ALTIMETER CAPITAL MANAGEMENT, LP holds 2.8589 of the shares totaling 9.55 million with a market value of $1.29 billion.
Snowflake Inc (SNOW) Insider Activity
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Still, SEC filings show that on Mar 11 ’25, Slootman Frank (Director) Proposed Sale 1,783 shares at an average price of $147.24 for $0.26 million. The insider now directly holds shares of Snowflake Inc (SNOW).
