Sonos Inc (SONO) concluded trading on Thursday at a closing price of $15.00, with 4.61 million shares of worth about $69.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.48% during that period and on February 06, 2025 the price saw a gain of about 5.19%. Currently the company’s common shares owned by public are about 121.76M shares, out of which, 118.10M shares are available for trading.
Stock saw a price change of 6.91% in past 5 days and over the past one month there was a price change of 0.07%. Year-to-date (YTD), SONO shares are showing a performance of -0.27% which decreased to -5.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.23 but also hit the highest price of $19.76 during that period. The average intraday trading volume for Sonos Inc shares is 1.98 million. The stock is currently trading 5.82% above its 20-day simple moving average (SMA20), while that difference is up 4.53% for SMA50 and it goes to 7.32% higher than SMA200.
Sonos Inc (NASDAQ: SONO) currently have 121.76M outstanding shares and institutions hold larger chunk of about 90.81% of that.
The stock has a current market capitalization of $1.81B and its 3Y-monthly beta is at 1.98. It has posted earnings per share of -$0.33 in the same period. It has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SONO, volatility over the week remained 4.81% while standing at 3.98% over the month.
Stock’s fiscal year EPS is expected to rise by 40.32% while it is estimated to increase by 31.08% in next year.
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 Morgan Stanley on September 26, 2024 offering an Underweight rating for the stock and assigned a target price range of between $25 and $11 to it. Coverage by Craig Hallum stated Sonos Inc (SONO) stock as a Hold in their note to investors on August 08, 2024, suggesting a price target of $10 for the stock. On December 12, 2023, Morgan Stanley Upgrade their recommendations, while on November 07, 2023, BofA Securities Downgrade their ratings for the stock with a price target of $12. Stock get a Buy rating from Rosenblatt on September 20, 2023.
