Snap Company Profile (NYSE:SNAP)

About Snap (NYSE:SNAP)

Snap logoSnap Inc., formerly Snapchat, Inc., is a camera company. The Company's flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company offers three ways for people to make Snaps: the Snapchat application, Publishers Tools that help its partners to create Publisher Stories, and Spectacles, its sunglasses that make Snaps. Snaps are viewed primarily through the Snapchat application, but can also be embedded on the Web or on television in certain circumstances. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. The Company's advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters. As of December 31, 2016, on an average, 158 million people used Snapchat every day to Snap with family, watch Stories from friends, see events from around the world, and explore curated content from publishers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Mobile Application Software
  • Sub-Industry: N/A
  • Symbol: NYSE:SNAP
  • CUSIP: N/A
  • Web: www.snap.com
Capitalization:
  • Market Cap: $9.27 billion
  • Outstanding Shares: 682,588,000
Average Prices:
  • 50 Day Moving Avg: $14.47
  • 200 Day Moving Avg: $18.88
  • 52 Week Range: $11.28 - $29.44
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -28.29
  • P/E Growth: -0.35
Sales & Book Value:
  • Annual Revenue: $515.33 million
  • Price / Sales: 17.99
  • Book Value: $3.17 per share
  • Price / Book: 4.28
Profitability:
  • EBIDTA: ($2,590,000,000.00)
Debt:
  • Current Ratio: 11.80%
  • Quick Ratio: 11.80%
Misc:
  • Average Volume: 22.01 million shs.
  • Short Ratio: 5.19
 

Frequently Asked Questions for Snap (NYSE:SNAP)

What is Snap's stock symbol?

Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP."

How were Snap's earnings last quarter?

Snap Inc. (NYSE:SNAP) posted its earnings results on Thursday, August, 10th. The company reported ($0.36) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by $0.07. The business earned $181.70 million during the quarter, compared to analysts' expectations of $186.49 million. The company's quarterly revenue was up 153.1% on a year-over-year basis. View Snap's Earnings History.

When will Snap make its next earnings announcement?

Snap is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Snap.

Where is Snap's stock going? Where will Snap's stock price be in 2017?

42 brokerages have issued 1 year target prices for Snap's stock. Their forecasts range from $8.00 to $31.00. On average, they expect Snap's stock price to reach $18.90 in the next twelve months. View Analyst Ratings for Snap.

What are analysts saying about Snap stock?

Here are some recent quotes from research analysts about Snap stock:

  • 1. According to Zacks Investment Research, "Snap Inc. provides technology and social media services. The Company's principal product Snapchat, is a camera application that helps people to communicate through short videos and images. Snap Inc. is headquartered in Venice, California. " (8/16/2017)
  • 2. Cantor Fitzgerald analysts commented, "Bulk of the lock-up has now expired. Snap’s lock-up expiration began on 7/29 and consisted of 400M shares on that date, 782M shares on 8/14, and 20M shares on 8/29 (per S3). Thus, much of the negative impact should now be behind the company." (8/14/2017)
  • 3. Stifel Nicolaus analysts commented, "We view shares as a compelling risk / reward opportunity and upgrade SNAP shares to Buy from Hold. Our 12-month, DCF-based Price Target of $22 remains unchanged. We highlight our key points below in the attached presentation." (7/13/2017)
  • 4. Credit Suisse Group analysts commented, "sometimes grow in fits and starts," Ju argued. The longer-term picture is encouraging and the social media platform and hardware company will benefit from two themes: 1) better access to the younger demographic and 2) improving ROI/measurability.Moreover, at below $17 per share, Snap's stock represents a favorable risk to reward profile with further downside potential of just 13 percent but upside potential of 45 percent, the analyst emphasized. Also important to keep in mind is the fact that approximately 711 million shares could come into the market after a standard lock-up period. As such, investors should expect higher levels of volatility in the near term.Bottom line, although Snap hasn't demonstrated a "more comfortable growth path" it is still a "scarce asset" (7/10/2017)
  • 5. JMP Securities analysts commented, "We were encouraged to hear that newer products, such as Search, World Lenses, and greater Discover content, are driving engagement high," (5/11/2017)

Are investors shorting Snap?

Snap saw a increase in short interest in July. As of July 31st, there was short interest totalling 71,474,738 shares, an increase of 3.7% from the July 14th total of 68,918,714 shares. Based on an average daily trading volume, of 19,830,563 shares, the days-to-cover ratio is presently 3.6 days. Currently, 19.9% of the shares of the stock are short sold.

Who are some of Snap's key competitors?

Who are Snap's key executives?

Snap's management team includes the folowing people:

  • Michael M. Lynton, Independent Chairman of the Board
  • Evan Spiegel, Chief Executive Officer, Co-Founder, Director
  • Robert C. Murphy, Co-Founder, Chief Technology Officer, Director
  • Andrew Vollero, Chief Financial Officer
  • Timothy Sehn, Senior Vice President - Engineering
  • Steven Michael Horowitz, Vice President - Engineering
  • Christopher T. Handman, General Counsel
  • Imran Khan, Chief Strategy Officer
  • Joanna Coles, Independent Director
  • A. G. Lafley, Independent Director

When did Snap IPO?

(SNAP) raised $3 billion in an IPO on Thursday, March 2nd 2017. The company issued 200,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, J. P. Morgan and Deutsche Bank Securities acted as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers.

Who owns Snap stock?

Snap's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Coatue Management LLC (1.86%), FMR LLC (1.29%), BlackRock Inc. (0.88%), Vanguard Group Inc. (0.71%), General Atlantic LLC (0.41%) and Capital World Investors (0.25%). Company insiders that own Snap stock include Andrew Vollero, Imran Khan, Steven Michael Horowitz and Timothy Sehn. View Institutional Ownership Trends for Snap.

Who sold Snap stock? Who is selling Snap stock?

Snap's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital World Investors, Valiant Capital Management L.P., Franklin Resources Inc., TD Asset Management Inc., LMR Partners LLP, Sei Investments Co. and New York State Common Retirement Fund. Company insiders that have sold Snap stock in the last year include Andrew Vollero, Imran Khan, Steven Michael Horowitz and Timothy Sehn. View Insider Buying and Selling for Snap.

Who bought Snap stock? Who is buying Snap stock?

Snap's stock was bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Vanguard Group Inc., Coatue Management LLC, BlackRock Inc., NEA Management Company LLC, Macquarie Group Ltd., Gilder Gagnon Howe & Co. LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Snap.

How do I buy Snap stock?

Shares of Snap can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Snap's stock price today?

One share of Snap stock can currently be purchased for approximately $13.58.


MarketBeat Community Rating for Snap (NYSE SNAP)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  505
MarketBeat's community ratings are surveys of what our community members think about Snap and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Snap (NYSE:SNAP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 9 Sell Ratings, 20 Hold Ratings, 13 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $18.90 (39.21% upside)

Analysts' Ratings History for Snap (NYSE:SNAP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/17/2017AegisBoost Price TargetHold$14.00 -> $15.00LowView Rating Details
8/15/2017ArgusReiterated RatingHoldMediumView Rating Details
8/15/2017SunTrust Banks, Inc.Initiated CoverageSell -> Sell$10.00MediumView Rating Details
8/15/2017Cantor FitzgeraldUpgradeNeutral -> Overweight$17.00MediumView Rating Details
8/14/2017Susquehanna Bancshares IncReiterated RatingNeutral$12.00 -> $10.00HighView Rating Details
8/14/2017Credit Suisse GroupDowngradeBuy -> Neutral$25.00 -> $17.00HighView Rating Details
8/11/2017Bank of America CorporationReiterated RatingNeutral$20.00 -> $17.00LowView Rating Details
8/11/2017Piper Jaffray CompaniesReiterated RatingNeutral$16.50 -> $12.50LowView Rating Details
8/11/2017Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$27.00 -> $23.00LowView Rating Details
8/11/2017Canaccord GenuityReiterated RatingHold$22.00 -> $15.00HighView Rating Details
8/11/2017Summit RedstoneReiterated RatingSell$10.00 -> $8.00HighView Rating Details
8/11/2017Wells Fargo & CompanyReiterated RatingHoldHighView Rating Details
8/11/2017Oppenheimer Holdings, Inc.Lower Price TargetOutperform$16.00HighView Rating Details
8/11/2017Stifel NicolausLower Price TargetBuy -> Buy$22.00 -> $18.00HighView Rating Details
8/11/2017Monness Crespi & HardtDowngradeBuy -> NeutralHighView Rating Details
8/11/2017Jefferies Group LLCLower Price TargetBuy$30.00 -> $16.00MediumView Rating Details
8/11/2017Barclays PLCReiterated RatingEqual Weight$18.00 -> $13.00MediumView Rating Details
8/10/2017Citigroup Inc.Reiterated RatingAverage -> Neutral$19.00 -> $13.00HighView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingOutperform$31.00MediumView Rating Details
8/9/2017Drexel HamiltonReiterated RatingBuy$30.00MediumView Rating Details
8/9/2017Deutsche Bank AGReiterated RatingBuy -> Buy$20.00MediumView Rating Details
7/25/2017Cleveland ResearchDowngradeBuy -> NeutralLowView Rating Details
7/14/2017Cowen and CompanyDowngradeOutperform -> Market Perform$21.00 -> $26.00MediumView Rating Details
7/13/2017Pivotal ResearchReiterated RatingSell$9.00LowView Rating Details
7/11/2017Morgan StanleyDowngradeOverweight -> Equal Weight$16.00HighView Rating Details
6/12/2017CIBCReiterated RatingOutperform$23.00LowView Rating Details
6/9/2017Needham & Company LLCReiterated RatingUnderperformLowView Rating Details
6/9/2017InstinetReiterated RatingReduce$14.00LowView Rating Details
6/5/2017J P Morgan Chase & CoReiterated RatingNeutral$20.00 -> $18.00LowView Rating Details
5/12/2017Raymond James Financial, Inc.Reiterated RatingMarket PerformHighView Rating Details
5/11/2017William BlairLower Price TargetOutperform$16.00 -> $14.00HighView Rating Details
5/11/2017JMP SecuritiesReiterated RatingOutperform$24.00 -> $28.00MediumView Rating Details
5/11/2017NomuraReiterated RatingSell$16.00 -> $28.00HighView Rating Details
4/6/2017Loop CapitalReiterated RatingHold$21.00LowView Rating Details
4/4/2017BTIG ResearchInitiated CoverageNeutral -> Neutral$22.20LowView Rating Details
3/31/2017Moffett NathansonReiterated RatingSellLowView Rating Details
3/29/2017Robert W. BairdReiterated RatingBuy$30.00MediumView Rating Details
3/28/2017Summit ResearchReiterated RatingSell$17.00MediumView Rating Details
3/23/2017OTR GlobalInitiated CoveragePositive -> Positive$20.00MediumView Rating Details
3/21/2017Atlantic SecuritiesReiterated RatingUnderweight$14.00HighView Rating Details
3/17/2017MizuhoInitiated CoverageNeutral$20.00MediumView Rating Details
3/9/2017FBN SecuritiesInitiated CoverageHold$23.00LowView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for Snap (NYSE:SNAP)
Earnings by Quarter for Snap (NYSE:SNAP)
Earnings History by Quarter for Snap (NYSE SNAP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017        
8/10/2017Q2 2017($0.29)($0.36)$186.49 million$181.70 millionViewN/AView Earnings Details
5/10/2017Q1 2017($2.05)($2.31)$158.32 million$149.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Snap (NYSE:SNAP)
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $-0.48 EPS

Dividends

Dividend History for Snap (NYSE:SNAP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Snap (NYSE:SNAP)
Institutional Ownership Percentage: 29.24%
Insider Trades by Quarter for Snap (NYSE:SNAP)
Institutional Ownership by Quarter for Snap (NYSE:SNAP)
Insider Trades by Quarter for Snap (NYSE:SNAP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2017Steven Michael HorowitzVPSell50,624$13.04$660,136.96View SEC Filing  
8/14/2017Andrew VolleroCFOSell195,100$12.50$2,438,750.00View SEC Filing  
8/14/2017Imran KhanInsiderSell150,000$12.50$1,875,000.00View SEC Filing  
8/14/2017Timothy SehnVPSell400,000$12.50$5,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Snap (NYSE:SNAP)
Latest Headlines for Snap (NYSE:SNAP)
Source:
DateHeadline
investorplace.com logoMonday’s Vital Data: Bank of America Corp (BAC), Micron Technology, Inc. (MU) and Snap Inc (SNAP)
investorplace.com - August 21 at 10:16 AM
investorplace.com logoMore Selling Pressure Snaps Stocks Below Key Moving Averages
investorplace.com - August 21 at 8:59 AM
seekingalpha.com logoSnap May Have Finally Bottomed
seekingalpha.com - August 21 at 8:57 AM
finance.yahoo.com logoWhat’s Fueling Alphabet’s Revenue Growth?
finance.yahoo.com - August 21 at 8:57 AM
finance.yahoo.com logoHow Facebook’s Bottom Line Is Trending
finance.yahoo.com - August 21 at 8:57 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Snap Inc. and Facebook Inc.
finance.yahoo.com - August 21 at 8:57 AM
finance.yahoo.com logoSnapchat is using the solar eclipse to show off the real potential of its maps feature
finance.yahoo.com - August 20 at 12:41 PM
finance.yahoo.com logoSnap seems to (finally) have a good story to tell
finance.yahoo.com - August 19 at 7:36 AM
americanbankingnews.com logoSnap Inc. (SNAP) VP Sells $660,136.96 in Stock
www.americanbankingnews.com - August 18 at 10:28 PM
finance.yahoo.com logoSnap executives have started selling their shares
finance.yahoo.com - August 18 at 7:19 AM
finance.yahoo.com logoParsing Alphabet’s Advertising Business
finance.yahoo.com - August 18 at 7:19 AM
finance.yahoo.com logoAlphabet's investment arms are large and growing, giving it greater clout over tech start-up scene
finance.yahoo.com - August 18 at 7:19 AM
finance.yahoo.com logoSome of Snap’s top leaders have sold some of their shares
finance.yahoo.com - August 18 at 7:19 AM
finance.yahoo.com logo3 Snap Executives Sold Nearly $10 Million in Stock on Monday
finance.yahoo.com - August 18 at 7:19 AM
finance.yahoo.com logoWhat Is Trump Worth to Twitter? One Analyst Estimates $2 Billion
finance.yahoo.com - August 18 at 7:19 AM
americanbankingnews.com logoSnap Inc. (SNAP) Price Target Raised to $15.00 at Aegis
www.americanbankingnews.com - August 17 at 10:56 AM
finance.yahoo.com logoWhy Snap's Augmented Reality Efforts Might Be Misguided
finance.yahoo.com - August 17 at 7:42 AM
finance.yahoo.com logoSnap's Priorities Aren't Inspiring Investor Confidence
finance.yahoo.com - August 17 at 7:42 AM
finance.yahoo.com logoSnapchat crowd surfs to create nearly seamless group Stories
finance.yahoo.com - August 17 at 7:42 AM
finance.yahoo.com logoSnap and Blue Apron aside, IPO-themed ETF strategies are winning in 2017
finance.yahoo.com - August 17 at 7:42 AM
finance.yahoo.com logoHow Alphabet Is Tackling Its Cloud Competition
finance.yahoo.com - August 17 at 7:42 AM
seekingalpha.com logoA Detailed Analysis For Why Snap Is A Buy - Seeking Alpha
seekingalpha.com - August 17 at 7:42 AM
fool.com logoHow Snap Inc.'s Management Made a Bad Quarterly Report Worse - Motley Fool
www.fool.com - August 17 at 7:42 AM
latimes.com logoSnap executives sell $9 million worth of stock at first opportunity - Los Angeles Times
www.latimes.com - August 17 at 7:42 AM
investorplace.com logoSnap Inc (SNAP) Stock Is Trying to Bottom. Will It? - Investorplace.com
investorplace.com - August 17 at 7:42 AM
seekingalpha.com logoSnap's Q2 2017 Recap: Financials Awful, Innovation Strong - Seeking Alpha
seekingalpha.com - August 17 at 7:42 AM
fool.com logoSnap Inc. Stock: Next Stop, $10? - Motley Fool
www.fool.com - August 17 at 7:42 AM
seekingalpha.com logoOh, Snap! - Snap Inc. (NYSE:SNAP) | Seeking Alpha - Seeking Alpha
seekingalpha.com - August 17 at 7:41 AM
finance.yahoo.com logoJust Because You Use Snapchat Doesn't Mean You Should Buy Snap Shares
finance.yahoo.com - August 17 at 7:41 AM
finance.yahoo.com logoWhat Snap’s ‘bullish engulfing’ stock chart pattern means to this candlestick guru
finance.yahoo.com - August 17 at 7:41 AM
americanbankingnews.com logoSnap Inc. (SNAP) Insider Sells $1,875,000.00 in Stock
www.americanbankingnews.com - August 16 at 10:26 PM
americanbankingnews.com logoSnap Inc. (SNAP) CFO Sells $2,438,750.00 in Stock
www.americanbankingnews.com - August 16 at 10:26 PM
americanbankingnews.com logoTimothy Sehn Sells 400,000 Shares of Snap Inc. (SNAP) Stock
www.americanbankingnews.com - August 16 at 10:26 PM
investorplace.com logoSnap Inc (SNAP) Stock Is Trying to Bottom. Will It?
investorplace.com - August 16 at 1:44 PM
fool.com logoSnap Inc. Stock: Next Stop, $10?
www.fool.com - August 16 at 11:34 AM
News IconSnap shares wither more as filings show some investors bailing
www.businessinsider.com - August 16 at 7:37 AM
streetinsider.com logoUPDATE: Cantor Fitzgerald Upgrades Snap Inc (SNAP) to Overweight
www.streetinsider.com - August 16 at 7:37 AM
finance.yahoo.com logoWhy Snap Shares Tanked after 2Q17 Results
finance.yahoo.com - August 16 at 7:37 AM
finance.yahoo.com logoWhy Snap's Post-Earnings Slump Is Not The Pullback To Buy
finance.yahoo.com - August 16 at 7:37 AM
finance.yahoo.com logoHow Snap Inc.'s Management Made a Bad Quarterly Report Worse
finance.yahoo.com - August 16 at 7:37 AM
americanbankingnews.com logoSnap Inc. (SNAP) Earns "Hold" Rating from Argus
www.americanbankingnews.com - August 15 at 10:32 PM
americanbankingnews.com logoSnap Inc. (SNAP) Coverage Initiated at SunTrust Banks, Inc.
www.americanbankingnews.com - August 15 at 9:18 PM
americanbankingnews.com logoSnap Inc. (SNAP) Rating Increased to Overweight at Cantor Fitzgerald
www.americanbankingnews.com - August 15 at 8:34 PM
fool.com logoHow Snap Inc.'s Management Made a Bad Quarterly Report Worse
www.fool.com - August 15 at 6:02 PM
reuters.com logoBRIEF-Appaloosa dissolves share stake in Snap Inc, Pfizer Inc
www.reuters.com - August 15 at 7:09 AM
fool.com logoCan Snap Inc. Stock Bounce Back After Last Week's 10% Drop?
www.fool.com - August 15 at 7:09 AM
finance.yahoo.com logoDavid Tepper dumps all his shares of Snap
finance.yahoo.com - August 15 at 7:09 AM
finance.yahoo.com logoSnapchat's new AI could completely change the way we watch live events
finance.yahoo.com - August 15 at 7:09 AM
finance.yahoo.com logoSnap shares rebound with second lockup expiration
finance.yahoo.com - August 15 at 7:09 AM
bizjournals.com logoFidelity Investments sells off more than half its stake in Snap Inc ... - Boston Business Journal
www.bizjournals.com - August 15 at 7:08 AM

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Chart

Snap (SNAP) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff