In last trading session, Sonos, Inc. (NASDAQ:SONO) saw 2,872,315 shares changing hands. Company’s recent per share price level of $14.63 trading at -$0.4 or -2.81% at recent trade assigns it a market valuation of $1.6 Billion. That current price of SONO’s stock is at a discount of -15.38% from its 52-week high price of $16.88 and is indicating a premium of 55.02% from its 52-week low price of $6.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.42 Million shares which gives us an average trading volume of 3.7 Million if we extend that period to 3-months.
Sonos, Inc. (NASDAQ:SONO) trade information
In the face of being in the red today for losing -2.75%, in the last five days SONO remained trading in the green while hitting it’s week-highest on Thursday, Jul 02 when the stock touched $15.59- price level, adding 6.77% to its value on the day. Sonos, Inc.’s shares saw a change of -6.95% in year-to-date performance and have moved -3.1% in past 5-day. Sonos, Inc. (NASDAQ:SONO) showed a performance of 31.54% in past 30-days. Number of shares sold short was 5.1 Million shares which calculate 1.38 days to cover the short interests.
Sonos, Inc. (SONO) estimates and forecasts
Statistics highlight that Sonos, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -4.24% of value to its shares in past 6 months, showing an annual growth rate of 640% while that of industry is -14.8. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -107.7% in the current quarter and calculating 17.9% increase in the next quarter. This year revenue growth is estimated to drop -1.5% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $227.12 Million for the same. And 7 analysts are in estimates of company making revenue of $278.15 Million in the next quarter that will end in September 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -17.2% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 70.6% while estimates for its earnings growth in next 5 years are of 0%
Sonos, Inc. (NASDAQ:SONO)’s Major holders
Insiders are in possession of 5.62% of company’s total shares while institution are holding 76.53% percent of that, with stock having share float percentage of 81.09%. Investors also watch the number of corporate investors in a company very closely, which is 246 institutions for Sonos, Inc. that are currently holding shares of the company. Kohlberg Kravis Roberts & Co. L.P. is the top institutional holder at SONO for having 13.85 Million shares of worth $117.41 Million. And as of March 30, 2020, it was holding 12.71% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 6.01 Million shares on March 30, 2020. The number of shares represents firm’s hold over 5.51% of outstanding shares, having a total worth of $50.93 Million.