NASDAQ:SNPO

Snap One (SNPO) Stock Forecast, Price & News

$9.46

+0.41 (+4.53%)

(As of 06/6/2023 ET)

Compare

Today's Range: $9.10
▼
$9.50
50-Day Range: $8.56
▼
$9.84
52-Week Range: $7.02
▼
$13.26

Volume: 58,254 shs
Average Volume: 42,316 shs
Market Capitalization: $721.04 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

Snap One MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 15.9% Upside
$11.00 Price Target
Short Interest: Bearish
4.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 50.00%
From $0.24 to $0.36 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Computer And Technology Sector

416th out of 614 stocks

Electronics & Computer Distribution Industry

1st out of 1 stocks

2.2

Analyst's Opinion

Consensus Rating
Snap One has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Snap One has a forecasted upside of 15.9% from its current price of $9.49.
Amount of Analyst Coverage
Snap One has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.97% of the float of Snap One has been sold short.
Short Interest Ratio / Days to Cover
Snap One has a short interest ratio ("days to cover") of 21.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Snap One has recently decreased by 0.43%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Snap One does not currently pay a dividend.
Dividend Growth
Snap One does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SNPO.

2.1

News and Social Media Coverage

News Sentiment
Snap One has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Snap One this week, compared to 3 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Snap One insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.70% of the stock of Snap One is held by insiders.
Percentage Held by Institutions
93.31% of the stock of Snap One is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Snap One are expected to grow by 50.00% in the coming year, from $0.24 to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Snap One is -35.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Snap One is -35.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Snap One has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Snap One (NASDAQ:SNPO) Stock

Snap One Holdings Corp. provides smart living solutions in the United States and internationally. The company offers end-to-end product and software ecosystem and technology-enabled workflow solutions. It also provides connected products, including networking, control and lighting, surveillance, and power products; entertainment products for indoor and outdoor solutions, such as media distribution products, as well as audio and video products; and infrastructure products, which include structured wiring and cable products, racks, and mounts. In addition, the company offers software solutions consisting of OvrC system that provides integrators with a cloud-based remote management and monitoring solution; OvrC Connect, a software that provides end consumers with the ability to manage their systems and resolve common problems independently; Control4 OS3 for command and control of smart living systems; Parasol, a subscription-based service that gives homeowners and small businesses access to a continuous remote support service; and 4Sight, a remote system management software for end consumers. It sells its through integrators and distributors, as well as through e-commerce portal. The company was formerly known as Crackle Intermediate Corp. and changed its name to Snap One Holdings Corp. in March 2021. The company was founded in 2005 and is headquartered in Charlotte, North Carolina. Snap One Holdings Corp. is a subsidiary of Hellman & Friedman, LLC.

Receive SNPO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Snap One and its competitors with MarketBeat's FREE daily newsletter.

SNPO Stock News Headlines

June 1, 2023 | msn.com

If someone stole your SNAP benefits, here’s how you can replace them

May 21, 2023 | markets.businessinsider.com

The 7 Tech Stocks You Need to Own Now for Maximum Returns

June 6, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 19, 2023 | americanbankingnews.com

Snap One (NASDAQ:SNPO) Stock Price Down 4.2%

May 17, 2023 | finance.yahoo.com

Snap One Holdings Corp. Sets Summer 2023 Financial Conference and Industry Trade Show Schedule

May 9, 2023 | markets.businessinsider.com

Snap One earnings preview: what Wall Street is expecting

May 9, 2023 | finance.yahoo.com

Snap One Reports Fiscal First Quarter 2023 Results

May 8, 2023 | msn.com

Earnings Preview: Snap One Holdings

June 6, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 8, 2023 | americanbankingnews.com

Snap One (SNPO) to Release Earnings on Tuesday

May 2, 2023 | news.yahoo.com

Snap Rolls Out New Features For Brands Including First Video Ad Between Friend Stories

May 2, 2023 | techcrunch.com

Snap announces tests of sponsored links in My AI, new ad products for Spotlight and Stories

May 1, 2023 | msn.com

D-SNAP Application deadline approaching

May 1, 2023 | msn.com

Snap Hires Former Meta Execs to Bolster Ad Business

April 28, 2023 | news.yahoo.com

SNAP work requirements don’t actually get more people working – but they do drastically limit the availability of food aid

April 27, 2023 | sfgate.com

Snap: Q1 Earnings Snapshot

April 27, 2023 | msn.com

Snap Misses Q1 Targets And Warns Of More Advertising Struggles In Months To Come

April 27, 2023 | msn.com

Snap Q1 Sales Fall 7% as Snapchat Users Tick Up to 383 Million, Stock Plummets

April 25, 2023 | finance.yahoo.com

Snap One Holdings Corp. to Report Fiscal First Quarter 2023 Financial Results on Tuesday, May 9, 2023 at 4:30 p.m. ET

April 21, 2023 | msn.com

SNAP benefits: This is how the program that allows you to buy twice as much with coupons works in New York

April 19, 2023 | venturebeat.com

Snap shows off new Snapchat AR experiences

April 17, 2023 | finance.yahoo.com

Not Many Are Piling Into Snap One Holdings Corp. (NASDAQ:SNPO) Just Yet

April 15, 2023 | fool.com

On SNAP Benefits? Beware These Scams That Could Drain Your Account

April 14, 2023 | americanbankingnews.com

BMO Capital Markets Lowers Snap One (NASDAQ:SNPO) Price Target to $11.00

April 5, 2023 | fool.com

Wegmans Now Accepts SNAP Payments for Online Orders

April 4, 2023 | finance.yahoo.com

OSI (OSIS) Moves 3.1% Higher: Will This Strength Last?

April 2, 2023 | benzinga.com

Is Snap One Holdings Corp (SNPO) a Stock to Watch After Gaining 5.71% This Week?

See More Headlines

SNPO Price History

30 days | 90 days | 365 days | Advanced Chart

SNPO Company Calendar

Last Earnings: 3/14/2023
Today: 6/06/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronics & Computer Distribution
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SNPO
CUSIP: N/A
CIK: 1856430
Web: www.snapone.com
Phone: 704-927-7620
Fax: N/A
Employees: 1,652
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +15.8%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.27)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 39.58
P/E Growth: N/A
Net Income: $-8,630,000.00
Net Margins: -1.91%
Pretax Margin: -2.28%
Return on Equity: 3.41%
Return on Assets: 1.56%

Debt

Debt-to-Equity Ratio: 0.73
Current Ratio: 2.51
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $1.12 billion
Price / Sales: 0.64
Cash Flow: $1.34 per share
Price / Cash Flow: 7.10
Book Value: $9.97 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 76,220,000
Free Float: 71,877,000
Market Cap: $724.09 million
Optionable: Not Optionable
Beta: 1.20

Key Executives

Mr. John H. Heyman (Age 61)
CEO & Director
Comp: $1.12M

Mr. Michael Carlet (Age 55)
Chief Financial Officer
Comp: $554.01k

Mr. Jeffrey Hindman (Age 44)
Chief Revenue Officer
Comp: $561.19k

Mr. Jefferson Dungan (Age 53)
Chief Operations Officer

Mr. Eric Steele
Sr. VP of Fin. & VP of Investor Relations

Mr. Joshua D. Ellis (Age 43)
Chief Legal Officer

Ms. Abigail Hanlon
Director of Marketing Events & PR

Ms. Kathleen Creech (Age 53)
Chief People Officer

Mr. G. Paul Hess (Age 49)
Chief Product Officer

Ashley Swenson
Sr. VP of Marketing

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SNPO Stock - Frequently Asked Questions

Should I buy or sell Snap One stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap One in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SNPO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNPO, but not buy additional shares or sell existing shares.
View SNPO analyst ratings or view top-rated stocks.
What is Snap One's stock price forecast for 2023?: 3 equities research analysts have issued 12 month price targets for Snap One's shares. Their SNPO share price forecasts range from $10.00 to $12.00. On average, they anticipate the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for SNPO or view top-rated stocks among Wall Street analysts.
How have SNPO shares performed in 2023?: Snap One's stock was trading at $7.41 at the beginning of 2023. Since then, SNPO shares have increased by 28.2% and is now trading at $9.50.
View the best growth stocks for 2023 here.
When is Snap One's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SNPO earnings forecast.
How were Snap One's earnings last quarter?: Snap One Holdings Corp. (NASDAQ:SNPO) posted its quarterly earnings results on Tuesday, March, 14th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.06. The business had revenue of $268.24 million for the quarter, compared to analyst estimates of $251.48 million. Snap One had a positive trailing twelve-month return on equity of 3.41% and a negative net margin of 1.91%.
What guidance has Snap One issued on next quarter's earnings?: Snap One updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.06 billion-$1.09 billion, compared to the consensus revenue estimate of $1.06 billion.

When did Snap One IPO?: (SNPO) raised $270 million in an initial public offering (IPO) on Wednesday, July 28th 2021. The company issued 13,850,000 shares at a price of $18.00-$21.00 per share.
What is Snap One's stock symbol?: Snap One trades on the NASDAQ under the ticker symbol "SNPO."
Who are Snap One's major shareholders?: Snap One's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.29%), Summit Creek Advisors LLC (0.64%), Geode Capital Management LLC (0.51%), State Street Corp (0.41%), Charles Schwab Investment Management Inc. (0.17%) and Swiss National Bank (0.04%). Insiders that own company stock include Jefferson Dungan and John H Heyman.
View institutional ownership trends.
How do I buy shares of Snap One?: Shares of SNPO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Snap One's stock price today?: One share of SNPO stock can currently be purchased for approximately $9.50.
How much money does Snap One make?: Snap One (NASDAQ:SNPO) has a market capitalization of $724.09 million and generates $1.12 billion in revenue each year. The company earns $-8,630,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis.
How many employees does Snap One have?: The company employs 1,652 workers across the globe.
How can I contact Snap One?: The official website for the company is www.snapone.com. The company can be reached via phone at 704-927-7620 or via email at ir@snapone.com.

This page (NASDAQ:SNPO) was last updated on 6/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial