NYSE:SNAP - Snap Stock Price, News, & Analysis

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$10.73 -0.28 (-2.54 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$11.01
Today's Range$10.68 - $11.47
52-Week Range$4.82 - $16.75
Volume26.37 million shs
Average Volume28.56 million shs
Market Capitalization$14.17 billion
P/E Ratio-11.06
Dividend YieldN/A
Beta1.14
Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context to Snaps; Friends Page that allows creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps surfacing the stories and shows from publishers, creators, and the community, based on a user's subscriptions and interests. In addition, the company offers Snap Map, which brings to a live map of individual location, showing nearby friends, popular stories, and a heatmap of recent snaps posted; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and captures video from a human perspective. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone310-399-3339

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.18 billion
Book Value$1.75 per share

Profitability

Net Income$-1,255,910,000.00
Net Margins-106.39%

Miscellaneous

Employees2,884
Outstanding Shares1,321,035,000
Market Cap$14.17 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Snap (NYSE:SNAP) Frequently Asked Questions

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 earnings results on Tuesday, February, 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.19) by $0.15. The company had revenue of $389.82 million for the quarter, compared to analyst estimates of $378.90 million. Snap had a negative net margin of 106.39% and a negative return on equity of 46.90%. The firm's quarterly revenue was up 36.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.13) EPS. View Snap's Earnings History.

When is Snap's next earnings date?

Snap is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Snap.

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

Snap updated its first quarter 2019 earnings guidance on Tuesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $285-310 million, compared to the consensus revenue estimate of $307.18 million.

What price target have analysts set for SNAP?

32 brokerages have issued 1 year price targets for Snap's shares. Their forecasts range from $5.00 to $15.00. On average, they anticipate Snap's stock price to reach $8.8050 in the next year. This suggests that the stock has a possible downside of 17.9%. View Analyst Price Targets for Snap.

What is the consensus analysts' recommendation for Snap?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 4 sell ratings, 23 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Snap.

What are Wall Street analysts saying about Snap stock?

Here are some recent quotes from research analysts about Snap stock:
  • 1. According to Zacks Investment Research, "Snap’s fourth-quarter 2018 results benefited from user base stabilization and solid growth in average revenues per user. The company reported narrower loss primarily due to strong top-line growth and lower operating expenses. User engagement continued to improve as average time spent on the platform was above 30 minutes per day. Ad revenues from premium content doubled on year-over-year basis driven by strong performance of commercials, Snaps’ 6-second non-skippable video ads. Snap expects user base to increase in 2019, driven by its initiatives to attract users above 35 years and the launch of the new Android design, which is currently in beta. The company has become the most preferred social networking medium among teenagers, which is a significant positive. However, shares have significantly underperformed the industry in the past year." (2/18/2019)
  • 2. Pivotal Research analysts commented, "We maintain our $6 YE2019 price target and Hold recommendation on the stock." (1/16/2019)

Has Snap been receiving favorable news coverage?

News headlines about SNAP stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Snap earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting Snap?

Snap saw a drop in short interest in the month of February. As of February 28th, there was short interest totalling 117,309,156 shares, a drop of 8.2% from the February 15th total of 127,779,641 shares. Based on an average daily volume of 26,142,438 shares, the short-interest ratio is currently 4.5 days. Approximately 17.8% of the shares of the company are sold short. View Snap's Current Options Chain.

Who are some of Snap's key competitors?

What other stocks do shareholders of Snap own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Snap investors own include Micron Technology (MU), Alibaba Group (BABA), Twitter (TWTR), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Intel (INTC), General Electric (GE) and Bank of America (BAC).

Who are Snap's key executives?

Snap's management team includes the folowing people:
  • Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 28)
  • Mr. Robert Murphy, Co-Founder, CTO & Director (Age 30)
  • Mr. Jerry James Hunter, Sr. VP of Engineering (Age 54)
  • Ms. Jeremi Gorman, Chief Bus. Officer (Age 41)
  • Mr. Jared Grusd J.D., Chief Strategy Officer (Age 43)

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 are Snap's major shareholders?

Snap's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (1.68%), First Trust Advisors LP (1.53%), BlackRock Inc. (1.16%), Hillhouse Capital Advisors Ltd. (0.54%), Sumitomo Mitsui Asset Management Company LTD (0.37%) and Geode Capital Management LLC (0.37%). Company insiders that own Snap stock include Andrew Vollero, Evan Spiegel, Imran Khan, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky, Steven Michael Horowitz, Timothy R Stone and Timothy Sehn. View Institutional Ownership Trends for Snap.

Which institutional investors are selling Snap stock?

SNAP stock was sold by a variety of institutional investors in the last quarter, including SRS Investment Management LLC, Commerzbank Aktiengesellschaft FI, SG Americas Securities LLC, Hamilton Lane Advisors LLC, Mirae Asset Global Investments Co. Ltd., Baillie Gifford & Co., Virtu Financial LLC and Raymond James & Associates. Company insiders that have sold Snap company stock in the last year include Andrew Vollero, Evan Spiegel, Imran Khan, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky and Timothy R Stone. View Insider Buying and Selling for Snap.

Which institutional investors are buying Snap stock?

SNAP stock was purchased by a variety of institutional investors in the last quarter, including Hillhouse Capital Advisors Ltd., WS Management Lllp, TB Alternative Assets Ltd., First Trust Advisors LP, LMR Partners LLP, FMR LLC, Macquarie Group Ltd. and Oregon Public Employees Retirement Fund. View Insider Buying and Selling for Snap.

How do I buy shares of Snap?

Shares of SNAP 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 Snap's stock price today?

One share of SNAP stock can currently be purchased for approximately $10.73.

How big of a company is Snap?

Snap has a market capitalization of $14.17 billion and generates $1.18 billion in revenue each year. The company earns $-1,255,910,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. Snap employs 2,884 workers across the globe.

What is Snap's official website?

The official website for Snap is http://www.snap.com.

How can I contact Snap?

Snap's mailing address is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. The company can be reached via phone at 310-399-3339 or via email at [email protected]


MarketBeat Community Rating for Snap (NYSE SNAP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  549 (Vote Outperform)
Underperform Votes:  708 (Vote Underperform)
Total Votes:  1,257
MarketBeat's community ratings are surveys of what our community members think about Snap and other stocks. Vote "Outperform" if you believe SNAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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