NASDAQ:SONO - Sonos Stock Price, News & Analysis

$11.91
+0.26 (+2.23 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$11.66
Now: $11.91
$12.19
50-Day Range
$9.90
MA: $10.94
$11.96
52-Week Range
$9.23
Now: $11.91
$22.25
Volume1.48 million shs
Average Volume983,526 shs
Market Capitalization$1.27 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. Read More…

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$0.2374 per share
Book Value$2.71 per share

Profitability

Net Income$-15,600,000.00

Miscellaneous

Employees1,352
Market Cap$1.27 billion
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable

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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 earnings results on Wednesday, August, 7th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.23) by $0.10. The company had revenue of $260.12 million for the quarter, compared to analyst estimates of $245.54 million. Sonos had a net margin of 1.86% and a return on equity of 8.69%. The business's revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the business posted ($0.45) earnings per share. View Sonos' Earnings History.

When is Sonos' next earnings date?

Sonos is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Sonos.

What price target have analysts set for SONO?

7 Wall Street analysts have issued 1 year price targets for Sonos' stock. 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 75.1% 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?

News stories about SONO stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sonos earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Sonos.

Are investors shorting Sonos?

Sonos saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 11,136,900 shares, an increase of 12.8% from the June 15th total of 9,875,100 shares. Based on an average daily trading volume, of 984,800 shares, the days-to-cover ratio is currently 11.3 days. Currently, 28.6% of the shares of the stock are short sold. View Sonos' Current Options Chain.

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), Micron Technology (MU), Alibaba Group (BABA), Alphabet (GOOG), Roku (ROKU), Netflix (NFLX), General Electric (GE), Activision Blizzard (ATVI) and Baidu (BIDU).

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 IPO 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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.62%), BlackRock Inc. (3.31%), JPMorgan Chase & Co. (1.92%), Nuveen Asset Management LLC (1.34%), Morgan Stanley (0.97%) and Trigran Investments Inc. (0.84%). 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 institutional investors are selling Sonos stock?

SONO stock was sold by a variety of institutional investors in the last quarter, including HBK Investments L P, Potrero Capital Research LLC, Jacobs Levy Equity Management Inc., AlpInvest Partners B.V., Price T Rowe Associates Inc. MD, Alambic Investment Management L.P., JPMorgan Chase & Co. and NumerixS Investment Technologies Inc. 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 institutional investors are buying Sonos stock?

SONO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Vanguard Group Inc., Trigran Investments Inc., Tenzing Global Management LLC, Morgan Stanley, Bank of New York Mellon Corp and D. E. Shaw & Co. 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 $11.91.

How big of a company is Sonos?

Sonos has a market capitalization of $1.27 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.View Additional Information About Sonos.

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:  184 (Vote Outperform)
Underperform Votes:  135 (Vote Underperform)
Total Votes:  319
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 8/17/2019 by MarketBeat.com Staff

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