Sonos Inc (NASDAQ: SONO) is -37.63% lower on its value in year-to-date trading and has touched a low of $7.62 and a high of $18.01 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 $9.21 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $9.38, the stock is 9.19% and -11.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 1.85% at the moment leaves the stock -25.27% off its SMA200. SONO registered -45.81% loss for a year compared to 6-month loss of -28.18%. The firm has a 50-day simple moving average (SMA 50) of $10.6458 and a 200-day simple moving average (SMA200) of $12.5515.
The stock witnessed a -12.66% gain in the last 1 month and extending the period to 3 months gives it a -33.14%, and is 2.51% up 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 3.32% over the week and 6.42% over the month.
Sonos Inc (SONO) has around 1708 employees, a market worth around $1.12B and $1.46B in sales. Profit margin for the company is -4.73%. Distance from 52-week low is 23.02% and -47.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.09%).
with sales reaching $254.1M over the same period.The EPS is expected to shrink by -45.81% this year, but quarterly earnings will post -5.81% year-over-year. Quarterly sales are estimated to grow 0.57% in year-over-year returns.
372.0 institutions hold shares in Sonos Inc (SONO), with institutional investors hold 98.07% of the company’s shares. The shares outstanding are 124.73M, and float is at 116.36M with Short Float at 4.72%. Institutions hold 95.82% of the Float.
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 15.9278 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 11.5724 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 3.9394 of the shares totaling 4.83 million with a market value of $71.26 million.
Sonos Inc (SONO) Insider Activity
The most recent transaction is an insider purchase by Coliseum Capital Management, L, the company’s 10% Owner. SEC filings show that Coliseum Capital Management, L bought 147,157 shares of the company’s common stock on Apr 03 ’25 at a price of $9.17 per share for a total of $1.35 million. Following the purchase, the insider now owns 12.06 million shares.
Sonos Inc disclosed in a document filed with the SEC on Apr 07 ’25 that Coliseum Capital Management, L (10% Owner) bought a total of 62,506 shares of the company’s common stock. The trade occurred on Apr 07 ’25 and was made at $8.38 per share for $0.52 million. Following the transaction, the insider now directly holds 12.12 million shares of the SONO stock.
Still, SEC filings show that on Feb 10 ’25, Spence Patrick (Former Officer & Director) Proposed Sale 250,000 shares at an average price of $13.82 for $3.46 million. The insider now directly holds shares of Sonos Inc (SONO).
