NASDAQ:SONO - Sonos Stock Price, News, & Analysis

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$10.45 -0.05 (-0.48 %)
(As of 05/23/2019 09:15 AM ET)
Previous Close$10.50
Today's Range$10.37 - $10.51
52-Week Range$9.23 - $23.60
Volume371,972 shs
Average Volume1.09 million shs
Market Capitalization$1.10 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the United States and internationally. It provides wireless speakers, home theater speakers, and components. The company offers its products through third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its sonos.com Website. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.

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Industry, Sector and Symbol

Industry Household audio & video equipment
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:SONO
CUSIPN/A
Phone805-965-3001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.14 billion
Cash Flow$0.2363 per share
Book Value$2.73 per share

Profitability

Net Income$-15,600,000.00

Miscellaneous

Employees1,352
Market Cap$1.10 billion
Next Earnings Date9/9/2019 (Estimated)
OptionableOptionable

Sonos (NASDAQ:SONO) Frequently Asked Questions

What is Sonos' stock symbol?

Sonos trades on the NASDAQ under the ticker symbol "SONO."

How were Sonos' earnings last quarter?

Sonos Inc (NASDAQ:SONO) announced its earnings results on Thursday, May, 9th. The company reported ($0.22) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.35) by $0.13. The company earned $210.20 million during the quarter, compared to analyst estimates of $213.42 million. Sonos had a return on equity of 6.88% and a net margin of 0.85%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. View Sonos' Earnings History.

When is Sonos' next earnings date?

Sonos is scheduled to release their next quarterly earnings announcement on Monday, September 9th 2019. View Earnings Estimates for Sonos.

What price target have analysts set for SONO?

7 analysts have issued twelve-month target prices for Sonos' shares. Their predictions range from $14.00 to $25.00. On average, they anticipate Sonos' share price to reach $20.8571 in the next year. This suggests a possible upside of 99.6% from the stock's current price. View Analyst Price Targets for Sonos.

What is the consensus analysts' recommendation for Sonos?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sonos.

Has Sonos been receiving favorable news coverage?

Press coverage about SONO stock has been trending very negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sonos earned a daily sentiment score of -3.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Sonos' key competitors?

What other stocks do shareholders of Sonos own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonos investors own include NVIDIA (NVDA), Avon Products (AVP), Alibaba Group (BABA), Cloudera (CLDR), Alphabet (GOOG), Netflix (NFLX), Canopy Growth (CGC), General Electric (GE), Square (SQ) and Activision Blizzard (ATVI).

Who are Sonos' key executives?

Sonos' management team includes the folowing people:
  • Mr. Patrick Spence, CEO, Pres & Director (Age 44)
  • Mr. Michael Giannetto, Chief Financial Officer (Age 56)
  • Mr. Matthew O. Siegel, Chief Commercial Officer (Age 46)
  • Mr. Nicholas Millington, Chief Product Officer (Age 42)
  • Mr. Thomas Cullen, Co-Founder and VP of Sales & Marketing

When did Sonos IPO?

(SONO) raised $250 million in an initial public offering on Thursday, August 2nd 2018. The company issued 13,900,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Allen & Company served as the underwriters for the IPO and RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel were co-managers.

Who are Sonos' major shareholders?

Sonos' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (2.06%), Spark Investment Management LLC (1.46%), BlackRock Inc. (1.01%), Morgan Stanley (0.76%), Jacobs Levy Equity Management Inc. (0.57%) and Marshall Wace LLP (0.52%). Company insiders that own Sonos stock include Michael Giannetto, Michelangelo Volpi, Nicholas Millington, Patrick Spence and Ventures Growth I (Jerse Index. View Institutional Ownership Trends for Sonos.

Which major investors are selling Sonos stock?

SONO stock was sold by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Bank of Montreal Can, Bayesian Capital Management LP, New York State Common Retirement Fund, Bluestein R H & Co. and California Public Employees Retirement System. Company insiders that have sold Sonos company stock in the last year include Michael Giannetto, Michelangelo Volpi, Nicholas Millington, Patrick Spence and Ventures Growth I (Jerse Index. View Insider Buying and Selling for Sonos.

Which major investors are buying Sonos stock?

SONO stock was acquired by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, JPMorgan Chase & Co., Morgan Stanley, Jacobs Levy Equity Management Inc., Marshall Wace LLP, Trigran Investments Inc., Connors Investor Services Inc. and B. Riley Wealth Management Inc.. View Insider Buying and Selling for Sonos.

How do I buy shares of Sonos?

Shares of SONO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sonos' stock price today?

One share of SONO stock can currently be purchased for approximately $10.45.

How big of a company is Sonos?

Sonos has a market capitalization of $1.10 billion and generates $1.14 billion in revenue each year. The company earns $-15,600,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis. Sonos employs 1,352 workers across the globe.

What is Sonos' official website?

The official website for Sonos is http://www.sonos.com/.

How can I contact Sonos?

Sonos' mailing address is 614 CHAPALA STREET, SANTA BARBARA CA, 93101. The company can be reached via phone at 805-965-3001 or via email at [email protected]


MarketBeat Community Rating for Sonos (NASDAQ SONO)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  289
MarketBeat's community ratings are surveys of what our community members think about Sonos and other stocks. Vote "Outperform" if you believe SONO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SONO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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