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

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$11.14 -0.21 (-1.85 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$11.35
Today's Range$10.96 - $11.30
52-Week Range$9.23 - $23.60
Volume1.77 million shs
Average Volume1.79 million shs
Market Capitalization$1.12 billion
P/E Ratio-46.42
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$0.2312 per share
Book Value$2.78 per share

Profitability

Miscellaneous

Employees1,352
Market Cap$1.12 billion
Next Earnings Date5/1/2019 (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) posted its quarterly earnings results on Wednesday, February, 6th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.14. The business earned $496 million during the quarter, compared to analysts' expectations of $490.66 million. The business's revenue for the quarter was up 193.5% compared to the same quarter last year. View Sonos' Earnings History.

When is Sonos' next earnings date?

Sonos is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Sonos.

What price target have analysts set for SONO?

6 equities research analysts have issued 12 month price targets for Sonos' stock. Their predictions range from $14.00 to $25.00. On average, they anticipate Sonos' stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 88.5% from the stock's current price. View Analyst Price Targets for Sonos.

What is the consensus analysts' recommendation for Sonos?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sonos.

Has Sonos been receiving favorable news coverage?

News stories about SONO stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sonos earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near future.

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), Alibaba Group (BABA), Micron Technology (MU), Palo Alto Networks (PANW), General Electric (GE), TENCENT HOLDING/ADR (TCEHY), Square (SQ), Alphabet (GOOG), Farmer Bros (FARM) and Bank of America (BAC).

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 acted as the underwriters for the IPO and RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel were co-managers.

When did the company's lock-up period expire?

Sonos' lock-up period expired on Tuesday, January 29th. Sonos had issued 13,888,888 shares in its public offering on August 2nd. The total size of the offering was $208,333,320 based on an initial share price of $15.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Sonos' major shareholders?

Sonos' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.99%), Lord Abbett & CO. LLC (0.90%), Geode Capital Management LLC (0.22%), Northern Trust Corp (0.17%), Raymond James & Associates (0.17%) and Alambic Investment Management L.P. (0.16%). Company insiders that own Sonos stock include Michelangelo Volpi, Nicholas Millington and Patrick Spence. View Institutional Ownership Trends for Sonos.

Which institutional investors are selling Sonos stock?

SONO stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Legal & General Group Plc, Principal Financial Group Inc., Stifel Financial Corp, CenterStar Asset Management LLC and NBW Capital LLC. Company insiders that have sold Sonos company stock in the last year include Michelangelo Volpi, Nicholas Millington and Patrick Spence. View Insider Buying and Selling for Sonos.

Which institutional investors are buying Sonos stock?

SONO stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Alambic Investment Management L.P., California Public Employees Retirement System, Northern Trust Corp, Hsbc Holdings PLC, Geode Capital Management LLC, Raymond James & Associates and Commerzbank Aktiengesellschaft FI. 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 $11.14.

How big of a company is Sonos?

Sonos has a market capitalization of $1.12 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:  3.0 out of 5 (star star star)
Outperform Votes:  157 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  261
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 2/21/2019 by MarketBeat.com Staff

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