Snowflake Inc (SNOW) concluded trading on Wednesday at a closing price of $177.49, with 5.03 million shares of worth about $892.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.33% during that period and on January 22, 2025 the price saw a gain of about 2.28%. Currently the company’s common shares owned by public are about 330.07M shares, out of which, 305.64M shares are available for trading.
Stock saw a price change of 8.62% in past 5 days and over the past one month there was a price change of 9.16%. Year-to-date (YTD), SNOW shares are showing a performance of 14.95% which decreased to -8.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $107.13 but also hit the highest price of $237.72 during that period. The average intraday trading volume for Snowflake Inc shares is 6.61 million. The stock is currently trading 8.61% above its 20-day simple moving average (SMA20), while that difference is up 10.96% for SMA50 and it goes to 28.10% higher than SMA200.
Snowflake Inc (NYSE: SNOW) currently have 330.07M outstanding shares and institutions hold larger chunk of about 58.49% of that.
The stock has a current market capitalization of $58.59B and its 3Y-monthly beta is at 1.07. It has posted earnings per share of -$3.39 in the same period. It has Quick Ratio of 1.85 while making debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNOW, volatility over the week remained 2.74% while standing at 3.20% over the month.
Analysts are in expectations that Snowflake Inc (SNOW) stock would likely to be making an EPS of 0.18 in the current quarter, while forecast for next quarter EPS is 0.19 and it is 0.99 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.12 which is 0.27 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.35 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -28.41% while it is estimated to increase by 40.76% in next year. EPS is likely to grow at an annualized rate of 14.00% for next 5-years, compared to annual growth of -31.70% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on January 17, 2025 offering an Overweight rating for the stock and assigned a target price of $201 to it. Coverage by Barclays stated Snowflake Inc (SNOW) stock as an Overweight in their note to investors on January 10, 2025, suggesting a price target of $190 for the stock. On January 07, 2025, Wells Fargo Upgrade their recommendations, while on November 25, 2024, Wedbush Upgrade their ratings for the stock with a price target of $190. Stock get a Buy rating from Monness Crespi & Hardt on November 21, 2024.
