Snap Inc (NYSE:SNAP)’s traded shares stood at 54.38 million during the last session, with the company’s beta value hitting 1.14. At the close of trading, the stock’s price was $11.63, to imply an increase of 6.70% or $0.73 in intraday trading. The SNAP share’s 52-week high remains $17.90, putting it -53.91% down since that peak but still an impressive 32.42% since price per share fell to its 52-week low of $7.86. The company has a valuation of $19.20B, with an average of 30.24 million shares over the past 3 months.

Snap Inc (NYSE:SNAP) trade information

After registering a 6.70% upside in the last session, Snap Inc (SNAP) has traded red over the past five days. The stock hit a weekly high of 11.78, jumping 6.70% in its intraday price action. The 5-day price performance for the stock is 2.38%, and 5.25% over 30 days. With these gigs, the year-to-date price performance is -31.31%.

Snap Inc (SNAP) estimates and forecasts

Looking at statistics comparing Snap Inc share performance against respective industry, we note that the company has outperformed competitors. Snap Inc (SNAP) shares are 20.02% up over the last 6 months, with its year-to-date growth rate higher than industry average at 77.78% against 20.50%. Revenue is forecast to shrink -500.00% this quarter before jumping 100.00% for the next one. The rating firms project that company’s revenue will grow 13.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 33 analysts is $1.05 billion. Meanwhile, for the quarter ending Jun 2024, a total of 33 analyst(s) estimate revenue growth to $1.14 billion.Earnings reports from the last fiscal year show that sales brought in $1.01 billion and $1.05 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.50% before jumping 8.70% in the following quarter.

SNAP Dividends

Snap Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Snap Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.