The company’s revenue is forecast to grow by 13.20% over what it did in 2022.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Snap Inc. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2022 is $4.66 billion. It means analysts are expecting annual earnings per share growth of -88.00% this year and 500.00% next year.Īnalysts have forecast the company to bring in revenue of $1.12 billion for the current quarter, with the likely lows of $1.04 billion and highs of $1.2 billion. Analysts have predicted the quarterly earnings per share to grow by -$0.02 per share this quarter, however they have predicted annual earnings per share of $0. Investors’ optimism about the company’s current quarter earnings report is understandable. Snap Inc., whose market valuation is $16.80 billion at the time of this writing, is expected to release its quarterly earnings report – Oct 24, 2022. #Snap stock price free#Sign up here to get your free report now. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. EPS for the following year is $0.25, with 26 analysts recommending between $1 and $-0.25.While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. The consensus estimate for the next quarter is $0.08, with high estimates of $0.22 and low estimates of $-0.06.Īnalysts are recommending an EPS of between $0.32 and $-0.24 for the fiscal current year, implying an average EPS of $0.03. On average, analysts expect EPS of $-0.02 for the current quarter, with a high estimate of $0.07 and a low estimate of $-0.11, while EPS last year was $0.17. There are 22 different market analysts currently analyzing its stock. Therefore, it implies a Short% of Shares Outstanding of 3.02% and a Short% of Float of 4.83%. Shares short for SNAP as of were 49.67M with a Short Ratio of 1.08, compared to 57.72M on Jun 14, 2022. Insiders hold about 8.30% of the company’s shares, while institutions hold 62.70% stake in the company. A total of 1.63B shares are outstanding, with a floating share count of 1.26B. Shares Statistics:įor the past three months, SNAP has traded an average of 53.79M shares per day and 26.17M over the past ten days. The 50-Day Moving Average of the stock is 10.90, while the 200-Day Moving Average is calculated to be 24.46. Over the past 52 weeks, SNAP has reached a high of $79.30, while it has fallen to a 52-week low of $9.34. Valuation Measures:įor the stock, the TTM Price-to-Sale (P/S) ratio is 4.08 while its Price-to-Book (P/B) ratio in mrq is 5.13. As a result, the insider received 58,979 and left with 1,064,916 shares of the company. On Sep 15, another insider, Andersen Derek, who serves as the Chief Financial Officer of the company, sold 5,160 shares for $11.43 each. The Chief Financial Officer now owns 1,036,423 shares after completing the transaction at $11.35 per share. The transaction valued at 417,674 led to the insider holds 1,343,344 shares of the business.Īndersen Derek sold 28,493 shares of SNAP for $323,282 on Sep 16. A recent insider transaction in this stock occurred on Sep 16 when Gorman Jeremi sold 36,816 shares for $11.34 per share. Insider Transactions:Īdditionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. On August 31, 2022, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $16 to $10. In the most recent recommendation for this company, Piper Sandler on September 27, 2022, Reiterated its Neutral rating but revised its target price to $12 from $11 previously. In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.09. For the most recent quarter (mrq), Quick Ratio is recorded 5.70 and its Current Ratio is at 5.70. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 107.89. Sign up here to get your free report now.įor a deeper understanding of Snap Inc.’s stock, let’s take a closer look at its various ratios. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.
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