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NASDAQ:SONO - Sonos Stock Price, Forecast & News

$13.42
-0.28 (-2.04 %)
(As of 02/17/2020 04:16 AM ET)
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Today's Range
$13.31
Now: $13.42
$13.79
50-Day Range
$13.42
MA: $14.67
$15.79
52-Week Range
$9.62
Now: $13.42
$16.88
Volume1.66 million shs
Average VolumeN/A
Market CapitalizationN/A
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 N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:SONO
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees1,446
Next Earnings Date5/14/2020 (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) announced its quarterly earnings results on Wednesday, February, 5th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.13. The company had revenue of $562 million for the quarter, compared to analysts' expectations of $545.49 million. The firm's revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 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, May 14th 2020. View Earnings Estimates for Sonos.

What guidance has Sonos issued on next quarter's earnings?

Sonos issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.365-1.4 billion, compared to the consensus revenue estimate of $1.38 billion.

What price target have analysts set for SONO?

4 equities research analysts have issued 12 month price objectives for Sonos' stock. Their forecasts range from $16.00 to $20.00. On average, they expect Sonos' share price to reach $18.25 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Sonos.

What is the consensus analysts' recommendation for Sonos?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating 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. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sonos earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Sonos.

Are investors shorting Sonos?

Sonos saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 9,110,000 shares, a drop of 5.9% from the January 15th total of 9,680,000 shares. Based on an average daily volume of 1,639,000 shares, the short-interest ratio is presently 5.6 days. Currently, 12.3% of the shares of the stock are sold short. View Sonos' Current Options Chain.

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), AbbVie (ABBV), Alibaba Group (BABA), AT&T (T), Netflix (NFLX), Stitch Fix (SFIX), Bank of America (BAC), Verizon Communications (VZ), Cloudera (CLDR) and Advanced Micro Devices (AMD).

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 $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.

Who are Sonos' major shareholders?

Sonos' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (1.19%), Renaissance Technologies LLC (1.16%), Franklin Resources Inc. (1.09%), Goldman Sachs Group Inc. (0.86%), Jacobs Levy Equity Management Inc. (0.73%) and THB Asset Management (0.54%). 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 Landscape Capital Management L.L.C., Lord Abbett & CO. LLC, Acadian Asset Management LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, Spark Investment Management LLC and Sei Investments Co.. Company insiders that have sold Sonos company stock in the last year include Michael Giannetto, Michelangelo Volpi, Nicholas Millington and Ventures Growth I (Jerse Index. View Insider Buying and Selling for Sonos.

Which major investors are buying Sonos stock?

SONO stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Oaktop Capital Management II L.P., THB Asset Management, D L Carlson Investment Group Inc., Trexquant Investment LP and Credit Suisse AG. 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, Robinhood, Fidelity and Charles Schwab.

What is Sonos' stock price today?

One share of SONO stock can currently be purchased for approximately $13.42.


MarketBeat Community Rating for Sonos (NASDAQ SONO)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  395
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 2/17/2020 by MarketBeat.com Staff

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