Currently, there are 1.43B common shares owned by the public and among those 1.07B shares have been available to trade.
The company’s stock has a 5-day price change of 6.06% and -19.35% over the past three months. SNAP shares are trading -18.76% year to date (YTD), with the 12-month market performance down to -43.98% lower. It has a 12-month low price of $7.08 and touched a high of $17.33 over the same period. SNAP has an average intraday trading volume of 35.96 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 3.77%, 2.28%, and -13.87% respectively.
Institutional ownership of Snap Inc (NYSE: SNAP) shares accounts for 53.95% of the company’s 1.43B shares outstanding.
It has a market capitalization of $14.62B and a beta (3y monthly) value of 0.61. The earnings-per-share (ttm) stands at -$0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.21% over the week and 4.66% over the month.
Analysts forecast that Snap Inc (SNAP) will achieve an EPS of 0.02 for the current quarter, 0.05 for the next quarter and 0.4 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.02 while analysts give the company a high EPS estimate of -0.02. Comparatively, EPS for the current quarter was 0.02 a year ago. Earnings per share for the fiscal year are expected to increase by 4.10%, and 22.86% over the next financial year. EPS should grow at an annualized rate of 33.19% over the next five years, compared to 10.96% over the past 5-year period.
Wells Fargo was of a view on February 05, 2025 that the stock is Equal Weight, while JMP Securities gave the stock Mkt Outperform rating on October 23, 2024, issuing a price target of $17. B. Riley Securities on their part issued Neutral rating on September 20, 2024.
