Currently, there are 330.07M common shares owned by the public and among those 305.41M shares have been available to trade.
The company’s stock has a 5-day price change of 8.35% and 63.61% over the past three months. SNOW shares are trading 21.77% year to date (YTD), with the 12-month market performance down to -8.73% lower. It has a 12-month low price of $107.13 and touched a high of $237.72 over the same period. SNOW has an average intraday trading volume of 6.69 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 13.03%, 14.40%, and 35.24% respectively.
Institutional ownership of Snowflake Inc (NYSE: SNOW) shares accounts for 59.65% of the company’s 330.07M shares outstanding.
It has a market capitalization of $62.07B and a beta (3y monthly) value of 1.06. The earnings-per-share (ttm) stands at -$3.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.06% over the week and 3.45% over the month.
Earnings per share for the fiscal year are expected to decrease by -28.42%, and 40.79% over the next financial year. EPS should grow at an annualized rate of 13.17% over the next five years, compared to -31.70% over the past 5-year period.
Looking at the support for the SNOW, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Overweight rating for the stock in a research note on January 17, 2025, with the firm’s price target at $201. Barclays coverage for the Snowflake Inc (SNOW) stock in a research note released on January 10, 2025 offered a Overweight rating with a price target of $190. Wells Fargo was of a view on January 07, 2025 that the stock is Overweight, while Wedbush gave the stock Outperform rating on November 25, 2024, issuing a price target of $190. Monness Crespi & Hardt on their part issued Buy rating on November 21, 2024.
