During the recent session, Snowflake Inc (NYSE:SNOW)’s traded shares were 1.58 million, with the beta value of the company hitting 0.91. At the last check today, the stock’s price was $159.36, reflecting an intraday gain of 4.50% or $6.86. The 52-week high for the SNOW share is $237.72, that puts it down -49.17 from that peak though still a striking 13.15% gain since the share price plummeted to a 52-week low of $138.40. The company’s market capitalization is $53.26B, and the average trade volume was 6.91 million shares over the past three months.
Snowflake Inc (NYSE:SNOW) trade information
Snowflake Inc (SNOW) registered a 4.50% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.50% in intraday trading to $159.36, hitting a weekly high. The stock’s 5-day price performance is 9.56%, and it has moved by -0.43% in 30 days. Based on these gigs, the overall price performance for the year is 8.36%.
Snowflake Inc (SNOW) estimates and forecasts
Statistics show that Snowflake Inc has underperformed its competitors in share price, compared to the industry in which it operates. Snowflake Inc (SNOW) shares have gone up 11.91% during the last six months, with a year-to-date growth rate less than the industry average at -13.27% against 18.90. In the rating firms’ projections, revenue will increase 22.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 785.86M as predicted by 33 analyst(s). Meanwhile, a consensus of 33 analyst(s) estimates revenue growth to 826.26M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -31.70%. While earnings are projected to return -4.14% in 2024, the next five years will return 18.05% per annum.
SNOW Dividends
Snowflake Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
