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: $18.25661 billion
  • Outstanding Shares: 1,197,154,000
Average Prices:
  • 50 Day Moving Avg: $14.88
  • 200 Day Moving Avg: $17.07
  • 52 Week Range: $11.28 - $29.44
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -18.09
  • P/E Growth: -0.35
Sales & Book Value:
  • Annual Revenue: $625.21 million
  • Price / Sales: 29.79
  • Book Value: $3.00 per share
  • Price / Book: 5.19
Profitability:
  • EBITDA: ($2,920,000,000.00)
Debt:
  • Current Ratio: 11.80%
  • Quick Ratio: 11.80%
Misc:
  • Average Volume: 29.60 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) released its quarterly earnings results on Thursday, August, 10th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.29) by $0.07. The business had revenue of $181.70 million for the quarter, compared to the consensus estimate of $186.49 million. The business's revenue was up 153.1% compared to the same quarter last year. View Snap's Earnings History.

When will Snap make its next earnings announcement?

Snap is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Snap.

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

43 equities research analysts have issued 12 month price objectives for Snap's shares. Their forecasts range from $8.00 to $30.00. On average, they anticipate Snap's stock price to reach $18.32 in the next year. 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. " (10/18/2017)
  • 2. Cantor Fitzgerald analysts commented, "Monetization per minute has significant upside potential… We’re modeling for Snap’s 2017 US ad revenue per DAU (ARPU) to rise 53.4% y/y to $9.56 (vs. FB’s (OW) $103.31), and for its 2017 US ad rev per min (x 1,000) to also rise by 53.4% y/y to $0.87 (vs. FB’s $5.66). On both counts, we believe Snap’s monetization has room to go substantially higher as bid density improves on the self-serve platform and as mobile video/ads in the Discover tab ramp up." (9/15/2017)
  • 3. Drexel Hamilton analysts commented, "We continue to believe Snap has strong upside potential over the next 12 months as reflected in our $30.00 price target." (9/14/2017)
  • 4. 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)
  • 5. 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)

Are investors shorting Snap?

Snap saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 108,331,767 shares, an increase of 4.3% from the September 15th total of 103,910,916 shares. Based on an average daily trading volume, of 20,013,284 shares, the short-interest ratio is presently 5.4 days. Currently, 22.3% of the shares of the company are sold short.

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 many different of institutional and retail investors. Top institutional investors include State Treasurer State of Michigan (0.09%), TB Alternative Assets Ltd. (0.02%), Narwhal Capital Management (0.00%) and Edge Wealth Management LLC (0.00%). 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 Edge Wealth Management LLC and Narwhal Capital Management. 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 purchased by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and TB Alternative Assets Ltd.. 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 $15.56.


MarketBeat Community Rating for Snap (NYSE SNAP)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  606
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, 21 Hold Ratings, 13 Buy Ratings
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $18.32 (17.75% upside)
Consensus Price Target History for Snap (NYSE:SNAP)
Price Target History for Snap (NYSE:SNAP)
Analysts' Ratings History for Snap (NYSE:SNAP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017SunTrust Banks, Inc.Reiterated RatingSell$10.00N/AView Rating Details
10/11/2017Piper Jaffray CompaniesReiterated RatingHoldN/AView Rating Details
10/11/2017Credit Suisse GroupReiterated RatingOutperform$17.00 -> $20.00N/AView Rating Details
10/8/2017Royal Bank Of CanadaReiterated RatingBuy$20.00N/AView Rating Details
10/5/2017Needham & Company LLCReiterated RatingUnderperformN/AView Rating Details
10/4/2017Drexel HamiltonReiterated RatingBuy$30.00LowView Rating Details
10/1/2017Canaccord GenuityReiterated RatingHold$15.00MediumView Rating Details
9/25/2017J P Morgan Chase & CoReiterated RatingNeutral -> Neutral$16.00 -> $14.00LowView Rating Details
9/15/2017Cantor FitzgeraldReiterated RatingBuy$15.00 -> $17.00MediumView Rating Details
9/11/2017Deutsche Bank AGDowngradeBuy -> Hold$20.00 -> $17.00LowView Rating Details
9/5/2017Stifel NicolausReiterated RatingBuy$18.00MediumView Rating Details
8/30/2017WedbushInitiated CoverageNeutral -> Neutral$12.00MediumView Rating Details
8/23/2017Morgan StanleyLower Price TargetEqual -> Equal Weight$16.00 -> $14.00MediumView Rating Details
8/17/2017AegisBoost Price TargetHold$14.00 -> $15.00LowView Rating Details
8/15/2017ArgusReiterated RatingHoldMediumView Rating Details
8/14/2017Susquehanna Bancshares IncReiterated RatingNeutral$12.00 -> $10.00HighView Rating Details
8/11/2017Bank of America CorporationReiterated RatingNeutral$20.00 -> $17.00LowView Rating Details
8/11/2017Goldman Sachs Group IncReiterated RatingBuy$27.00 -> $23.00LowView 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
8/11/2017Monness 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
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
6/12/2017CIBCReiterated RatingOutperform$23.00LowView Rating Details
6/9/2017InstinetReiterated RatingReduce$14.00LowView 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 10/21/2015 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
11/7/2017($0.31)N/AView Earnings Details
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: $-2.81 EPS
Next Year EPS Consensus Estimate: $-0.86 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: 16.40%
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
10/2/2017Timothy SehnVPSell400,000$14.85$5,940,000.00View SEC Filing  
9/19/2017Andrew VolleroCFOSell37,874$14.64$554,475.36View SEC Filing  
9/5/2017Timothy SehnVPSell400,000$14.34$5,736,000.00View SEC Filing  
8/23/2017Imran KhanInsiderSell350,000$15.00$5,250,000.00View SEC Filing  
8/23/2017Timothy SehnVPSell150,000$15.00$2,250,000.00View SEC Filing  
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
reuters.com logoSnap lays off 18 employees in recruiting division - Reuters
www.reuters.com - October 21 at 8:37 AM
usatoday.com logoSnapchat parent lays off 18 as it plans for slower growth
www.usatoday.com - October 21 at 8:37 AM
finance.yahoo.com logoWhere Snapchat Is Beating Facebook
finance.yahoo.com - October 21 at 8:37 AM
finance.yahoo.com logoWhy Facebook’s Acquisition of TBH Could Be a Win-Win
finance.yahoo.com - October 21 at 8:37 AM
finance.yahoo.com logoSnap roundup: Snap to slow hiring in 2018… Teens favor Snapchat over Instagram, Facebook
finance.yahoo.com - October 21 at 8:37 AM
finance.yahoo.com logoWhatsApp Launched Its Live Location Feature: What You Need to Know
finance.yahoo.com - October 21 at 8:37 AM
finance.yahoo.com logoSnap lays off 18 employees in recruiting division
finance.yahoo.com - October 21 at 8:36 AM
fool.com logoBTIG Research: We Should Have Started Snap at Sell -- The Motley ... - Motley Fool
www.fool.com - October 20 at 8:16 AM
bloomberg.com logoFacebook, Snap Flex Video Muscles at Cannes Global TV Gathering
www.bloomberg.com - October 20 at 8:16 AM
seekingalpha.com logoSnap-on, Inc. 2017 Q3 - Results - Earnings Call Slides
seekingalpha.com - October 20 at 8:16 AM
finance.yahoo.com logoWhat’s Driving Influencers From Snapchat
finance.yahoo.com - October 20 at 8:16 AM
finance.yahoo.com logoFacebook’s TBH Buy Is a Bet Against Snap: Cramer
finance.yahoo.com - October 20 at 8:16 AM
finance.yahoo.com logoSnapchat’s latest product is a dancing hot dog costume
finance.yahoo.com - October 20 at 8:16 AM
finance.yahoo.com logoAdobe Systems Incorporated Will Head Higher — Much Higher
finance.yahoo.com - October 20 at 8:16 AM
investorplace.com logoSnap Inc Bears Are in for a Tasty Treat This Month - Investorplace.com (blog)
investorplace.com - October 19 at 9:01 AM
marketwatch.com logoSnap is selling an $80 dancing hot dog Halloween costume - MarketWatch
www.marketwatch.com - October 19 at 9:01 AM
nasdaq.com logoSnap-On Inc. Q3 Earnings Rise 8%
www.nasdaq.com - October 19 at 9:01 AM
finance.yahoo.com logoSnap's newest product is a 'dancing hot dog' costume
finance.yahoo.com - October 19 at 9:01 AM
finance.yahoo.com logoSnap is selling an $80 dancing hot dog Halloween costume
finance.yahoo.com - October 19 at 9:01 AM
finance.yahoo.com logoToday's Research Reports on Trending Tickers: Facebook and Snap
finance.yahoo.com - October 19 at 9:01 AM
investorplace.com logoSnap Inc Bears Are in for a Tasty Treat This Month
investorplace.com - October 18 at 10:55 AM
latimes.com logoNBCUniversal and Snap form a new venture to produce scripted shows for mobile users
www.latimes.com - October 18 at 8:42 AM
nasdaq.com logoFenimore Asset Management Inc Buys Landstar System Inc, Snap-on Inc, Monro Inc, Sells Bank of ...
www.nasdaq.com - October 18 at 8:41 AM
bizjournals.com logoSnap, NBCUniversal partner for Snapchat shows
www.bizjournals.com - October 18 at 8:41 AM
fool.com logoSnap's New Context Cards Are All About Generating New Revenue
www.fool.com - October 18 at 8:41 AM
finance.yahoo.com logoWhat You Need to Know About ‘tbh,’ Facebook’s New Anonymous Messaging App
finance.yahoo.com - October 18 at 8:41 AM
finance.yahoo.com logoSnap's New Context Cards Are All About Generating New Revenue
finance.yahoo.com - October 18 at 8:41 AM
investorplace.com logoTrade of the Day: Snap Inc (SNAP) Stock Is Coming Alive - Investorplace.com (blog)
investorplace.com - October 17 at 7:28 AM
fool.com logoCan Snap Stock Keep Going After Last Week's 12% Pop?
www.fool.com - October 17 at 7:28 AM
wsj.com logoNBCUniversal and Snap Team Up to Produce Content for Snapchat
www.wsj.com - October 17 at 7:28 AM
finance.yahoo.com logoWhere Are Snapchat's Teen Users Coming From?
finance.yahoo.com - October 17 at 7:27 AM
finance.yahoo.com logoInstagram COO calls for kindness
finance.yahoo.com - October 17 at 7:27 AM
finance.yahoo.com logoSnapchat and NBCUniversal team up for scripted show
finance.yahoo.com - October 17 at 7:27 AM
investorplace.com logoTrade of the Day: Snap Inc (SNAP) Stock Is Coming Alive
investorplace.com - October 17 at 7:25 AM
finance.yahoo.com logoALEXA: News Update – Pre Markets Oct16
finance.yahoo.com - October 16 at 6:38 AM
americanbankingnews.com logoShort Interest in Snap Inc. (SNAP) Increases By 4.3%
www.americanbankingnews.com - October 15 at 2:20 AM
americanbankingnews.com logoSnap Inc. (SNAP) Upgraded by Vetr Inc. to "Hold"
www.americanbankingnews.com - October 14 at 4:40 PM
finance.yahoo.com logoShould You Buy Snap-on Incorporated (SNA) At This PE Ratio?
finance.yahoo.com - October 14 at 8:00 AM
finance.yahoo.com logoSnapchat Continues to Enjoy the Support of Teens Per Survey
finance.yahoo.com - October 14 at 8:00 AM
investorplace.com logoWhy Latest 'Cool' Feature Won't Push Snap Inc (SNAP) Stock Higher - Investorplace.com
investorplace.com - October 14 at 8:00 AM
investorplace.com logoFriday’s Vital Data: AT&T Inc. (T), Citigroup Inc (C) and Snap Inc (SNAP)
investorplace.com - October 13 at 9:15 AM
msn.com logoSnap Inc. (SNAP) Snapchat’s User Engagement Witnesses 40% Rise Since June
www.msn.com - October 13 at 8:53 AM
nasdaq.com logoWhy Did Snap Inc. Stock Gain Today?
www.nasdaq.com - October 13 at 8:52 AM
latimes.com logoSnap's stock rises further the day after its biggest jump since IPO
www.latimes.com - October 13 at 8:52 AM
finance.yahoo.com logoWhy Latest ‘Cool’ Feature Won’t Push Snap Inc (SNAP) Stock Higher
finance.yahoo.com - October 13 at 8:52 AM
finance.yahoo.com logoSnap Inc. Announces Date of Third Quarter 2017 Results Conference Call
finance.yahoo.com - October 13 at 8:52 AM
finance.yahoo.com logoWhat's Up With Snap?
finance.yahoo.com - October 13 at 8:52 AM
finance.yahoo.com logoHearst is doubling down on Snapchat Discover for four of its publications including Harper's Bazaar
finance.yahoo.com - October 13 at 8:52 AM
finance.yahoo.com logoWhat's Hot and What's Not: Cramer's 'Mad Money' Recap (Thursday 10/12/17)
finance.yahoo.com - October 13 at 8:52 AM
finance.yahoo.com logoToday’s Research Reports on Stocks to Watch: Twitter and Snap
finance.yahoo.com - October 13 at 8:52 AM

Social

Chart

Snap (SNAP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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