In today’s recent session, 1.9 million shares of the Snowflake Inc (NYSE:SNOW) have been traded, and its beta is 1.21. Most recently the company’s share price was $211.60, and it changed around $2.15 or 1.03% from the last close, which brings the market valuation of the company to $70.60B. SNOW at last check was trading at a discount to its 52-week high of $214.83, offering almost -1.53% off that amount. The share price’s 52-week low was $107.13, which indicates that the recent value has risen by an impressive 49.37% since then. We note from Snowflake Inc’s average daily trading volume that its 10-day average is 4.15 million shares, with the 3-month average coming to 4.89 million.
Snowflake Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.58. If we narrow it down even further, the data shows that 1 out of 51 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 10 recommended SNOW as a Hold, whereas 29 deemed it a Buy, and 1 rated it as Underweight.
Snowflake Inc (NYSE:SNOW) trade information
Instantly SNOW has been showing a green trend so far today with a performance of 1.03% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 213.10 on recent trading dayincreased the stock’s daily price by 0.7%. The company’s shares are currently up 37.04% year-to-date, but still up 1.43% over the last five days. On the other hand, Snowflake Inc (NYSE:SNOW) is 16.23% up in the 30-day period. We can see from the shorts that 10.0 million shares have been sold at a short interest cover period of 1.74 day(s).
The consensus price target as assigned by Wall Street analysts is $215, which translates to bulls needing to increase their stock price by 1.58% from its current value. Analyst projections state that SNOW is forecast to be at a low of $183 and a high of $245.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -25.13%. Snowflake Inc earnings are expected to increase by 32.24% in 2025, but the outlook is positive 39.00% per year for the next five years.
SNOW Dividends
Snowflake Inc’s next quarterly earnings report is expected to be released on 2025-May-21.
Snowflake Inc (NYSE:SNOW)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.14% of Snowflake Inc shares, and 67.48% of them are in the hands of institutional investors. The stock currently has a share float of 70.39%. Snowflake Inc stock is held by 1593.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.7339% of the shares, which is about 22.5 million shares worth $3.04 billion.
BLACKROCK INC., with 5.0214% or 16.78 million shares worth $2.27 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
