Sonos Inc (SONO) concluded trading on Wednesday at a closing price of $8.98, with 6.21 million shares of worth about $55.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -24.47% during that period and on April 09, 2025 the price saw a gain of about 10.18%. Currently the company’s common shares owned by public are about 124.73M shares, out of which, 116.39M shares are available for trading.
Stock saw a price change of -16.62% in past 5 days and over the past one month there was a price change of -23.31%. Year-to-date (YTD), SONO shares are showing a performance of -40.29% which decreased to -50.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.95 but also hit the highest price of $18.24 during that period. The average intraday trading volume for Sonos Inc shares is 2.08 million. The stock is currently trading -15.68% below its 20-day simple moving average (SMA20), while that difference is down -26.23% for SMA50 and it goes to -30.93% lower than SMA200.
Sonos Inc (NASDAQ: SONO) currently have 124.73M outstanding shares and institutions hold larger chunk of about 94.09% of that.
The stock has a current market capitalization of $1.07B and its 3Y-monthly beta is at 2.04. It has posted earnings per share of -$0.57 in the same period. It has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.14. 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 12.19% while standing at 5.39% over the month.
Analysts are in expectations that Sonos Inc (SONO) stock would likely to be making an EPS of -0.16 in the current quarter, while forecast for next quarter EPS is 0.11 and it is 0.43 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.22 which is -0.07 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 -0.34 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -45.81% while it is estimated to increase by 42.48% in next year. EPS is likely to grow at an annualized rate of 45.57% for next 5-years, compared to annual growth of -46.49% 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 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.
