Currently, there are 1.44B common shares owned by the public and among those 1.09B shares have been available to trade.
The company’s stock has a 5-day price change of -3.28% and -10.42% over the past three months. SNAP shares are trading 1.39% year to date (YTD), with the 12-month market performance down to -37.42% lower. It has a 12-month low price of $8.29 and touched a high of $17.33 over the same period. SNAP has an average intraday trading volume of 30.33 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 -2.36%, -5.07%, and -11.32% respectively.
Institutional ownership of Snap Inc (NYSE: SNAP) shares accounts for 50.51% of the company’s 1.44B shares outstanding.
It has a market capitalization of $18.52B and a beta (3y monthly) value of 0.91. The earnings-per-share (ttm) stands at -$0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.12% over the week and 5.03% over the month.
Analysts forecast that Snap Inc (SNAP) will achieve an EPS of 0.04 for the current quarter, 0.05 for the next quarter and 0.52 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.01 while analysts give the company a high EPS estimate of 0.01. Comparatively, EPS for the current quarter was 0.03 a year ago. Earnings per share for the fiscal year are expected to increase by 21.86%, and 44.74% over the next financial year.
Wells Fargo coverage for the Snap Inc (SNAP) stock in a research note released on February 05, 2025 offered a Equal Weight rating with a price target of $11. JMP Securities was of a view on October 23, 2024 that the stock is Mkt Outperform, while B. Riley Securities gave the stock Neutral rating on September 20, 2024, issuing a price target of $11. Cantor Fitzgerald on their part issued Neutral rating on September 05, 2024.
