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: $9.87733 billion
  • Outstanding Shares: 1,178,849,000
Average Prices:
  • 50 Day Moving Avg: $17.08
  • 200 Day Moving Avg: $19.94
  • 52 Week Range: $14.02 - $29.44
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -21.01
  • P/E Growth: -0.39
Sales & Book Value:
  • Annual Revenue: $515.33 million
  • Price / Sales: 32.21
  • Book Value: $3.17 per share
  • Price / Book: 4.44
Profitability:
  • EBIDTA: ($2,590,000,000.00)
Debt:
  • Current Ratio: 14.29%
  • Quick Ratio: 14.29%
Misc:
  • Average Volume: 18.32 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) announced its quarterly earnings data on Wednesday, May, 10th. The company reported ($2.31) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($2.05) by $0.26. The business earned $149.60 million during the quarter, compared to analysts' expectations of $158.32 million. The firm's revenue was up 285.6% compared to the same quarter last year. View Snap's Earnings History.

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

41 equities research analysts have issued 12-month price targets for Snap's stock. Their forecasts range from $9.00 to $31.00. On average, they anticipate Snap's stock price to reach $21.44 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. 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)
  • 2. 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. " (7/12/2017)
  • 3. 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)
  • 4. 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)
  • 5. Jefferies Group LLC analysts commented, "We updated our survey on 1,000 FB & Snapchat users from ’16 and found both Instagram and Snapchat are both seeing continued user growth, with Snapchat usage growing fastest among the older demographic. Additionally, we highlight Snap’s recent improvements to targeting and the increase gamified ad formats will help drive ARPU growth over time." (4/17/2017)

Are investors shorting Snap?

Snap saw a increase in short interest during the month of June. As of June 30th, there was short interest totalling 71,813,501 shares, an increase of 1.4% from the June 15th total of 70,815,700 shares. Based on an average daily volume of 12,153,136 shares, the days-to-cover ratio is currently 5.9 days. Approximately 19.0% of the shares of the company 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 initial public offering (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 served 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 KPCB DGF Associates LLC (0.30%), Atlas Venture Associates IX LLC (0.02%), Creative Planning (0.01%), Exane Derivatives (0.01%), NN Investment Partners Holdings N.V. (0.01%) and Narwhal Capital Management (0.01%). 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 Prospera Financial Services Inc. View Insider Buying and Selling for Snap.

Who bought Snap stock? Who is buying Snap stock?

Snap's stock was acquired by a variety of institutional investors in the last quarter, including Atlas Venture Associates IX LLC, Exane Derivatives, Creative Planning, Narwhal Capital Management, Malaga Cove Capital LLC, Dubuque Bank & Trust Co. and NN Investment Partners Holdings N.V.. 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 $14.08.


MarketBeat Community Rating for Snap (NYSE SNAP)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  164 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  390
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: 8 Sell Ratings, 20 Hold Ratings, 13 Buy Ratings
Consensus Rating:Hold (Score: 2.12)
Consensus Price Target: $21.44 (52.28% upside)

Analysts' Ratings History for Snap (NYSE:SNAP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/25/2017Cleveland ResearchDowngradeBuy -> NeutralLowView Rating Details
7/22/2017Wells Fargo & CompanyReiterated RatingMarket PerformMediumView Rating Details
7/17/2017Drexel HamiltonReiterated RatingBuy$30.00MediumView Rating Details
7/14/2017Cowen and CompanyDowngradeOutperform -> Market Perform$21.00 -> $26.00MediumView Rating Details
7/14/2017Stifel NicolausDowngradeBuy -> Hold$20.00MediumView Rating Details
7/13/2017Piper Jaffray CompaniesReiterated RatingNeutral$20.00 -> $16.50MediumView Rating Details
7/13/2017Barclays PLCReiterated RatingEqual Weight$18.00LowView Rating Details
7/13/2017Pivotal ResearchReiterated RatingSell$9.00LowView Rating Details
7/12/2017AegisReiterated RatingHold$19.00HighView Rating Details
7/11/2017Royal Bank Of CanadaReiterated RatingBuy$31.00HighView Rating Details
7/11/2017Morgan StanleyDowngradeOverweight -> Equal Weight$16.00HighView Rating Details
7/11/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$23.00HighView Rating Details
7/10/2017Credit Suisse GroupReiterated RatingOutperform -> Outperform$30.00 -> $25.00MediumView 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
6/9/2017Citigroup Inc.DowngradeBuy -> Neutral$24.00 -> $22.00HighView Rating Details
6/5/2017J P Morgan Chase & CoReiterated RatingNeutral$20.00 -> $18.00LowView Rating Details
5/22/2017Jefferies Group LLCReiterated RatingBuy$30.00LowView Rating Details
5/12/2017Susquehanna Bancshares IncReiterated RatingNeutral$22.00 -> $15.00HighView Rating Details
5/12/2017Raymond James Financial, Inc.Reiterated RatingMarket PerformHighView Rating Details
5/12/2017Canaccord GenuityReiterated RatingHold$22.00HighView Rating Details
5/12/2017Deutsche Bank AGLower Price TargetBuy$30.00 -> $23.00HighView Rating Details
5/11/2017Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$28.00HighView 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
5/11/2017Cantor FitzgeraldUpgradeUnderweight -> Neutral$18.00 -> $17.00HighView Rating Details
4/6/2017Loop CapitalReiterated RatingHold$21.00LowView Rating Details
4/4/2017BTIG ResearchInitiated CoverageNeutral -> Neutral$22.20LowView Rating Details
4/3/2017ArgusInitiated CoverageHold -> HoldLowView 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
3/27/2017Bank of America CorporationInitiated CoverageNeutral -> Neutral$25.00LowView Rating Details
3/27/2017Summit RedstoneInitiated CoverageSell$17.00HighView Rating Details
3/23/2017OTR GlobalInitiated CoveragePositive -> Positive$20.00MediumView Rating Details
3/21/2017Atlantic SecuritiesReiterated RatingUnderweight$14.00HighView Rating Details
3/20/2017Monness Crespi & HardtInitiated CoverageBuy$25.00LowView Rating Details
3/17/2017MizuhoInitiated CoverageNeutral$20.00MediumView Rating Details
3/9/2017FBN SecuritiesInitiated CoverageHold$23.00LowView Rating Details
(Data available from 7/25/2015 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
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: $-2.71 EPS
Next Year EPS Consensus Estimate: $-0.67 EPS

Dividends

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

Insider Trades

Insider Trading History for Snap (NYSE:SNAP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Snap (NYSE:SNAP)
Latest Headlines for Snap (NYSE:SNAP)
Source:
DateHeadline
investorplace.com logoCan Snap Inc (SNAP) Stock REALLY Rise to $30?
investorplace.com - July 25 at 12:24 PM
americanbankingnews.com logoSnap Inc. (NYSE:SNAP) Cut to "Neutral" at Cleveland Research
www.americanbankingnews.com - July 25 at 12:13 PM
cnbc.com logoThis is the most in-demand job title at companies like Facebook, Google and Amazon
www.cnbc.com - July 25 at 6:46 AM
finance.yahoo.com logoSocial Media Will Soon Hit 2.5B Users: eMarketer
finance.yahoo.com - July 25 at 6:46 AM
finance.yahoo.com logoTime Inc to Sell Majority Stake in Essence Magazine
finance.yahoo.com - July 25 at 6:46 AM
finance.yahoo.com logoFacebook earnings: After a sudden change, Instagram is in focus
finance.yahoo.com - July 25 at 6:46 AM
finance.yahoo.com logoFacebook Earnings: Hit or Miss?
finance.yahoo.com - July 25 at 6:46 AM
finance.yahoo.com logo[$$] Analysts Help Lift Blue Apron Shares 13%
finance.yahoo.com - July 25 at 6:46 AM
investorplace.com logoWhy Snap Inc (SNAP) Stock Could Be Facing Its Toughest Challenge Yet
investorplace.com - July 24 at 7:36 AM
americanbankingnews.com logoSnap's (SNAP) "Market Perform" Rating Reiterated at Wells Fargo & Company
www.americanbankingnews.com - July 22 at 5:15 PM
seekingalpha.com logoSnap's Farce: The Equity Incentive Plan - Seeking Alpha
seekingalpha.com - July 22 at 8:56 AM
finance.yahoo.com logoSnap Stock Dips to New All-Time Low... Again
finance.yahoo.com - July 22 at 8:56 AM
finance.yahoo.com logoSnap stock hits another low
finance.yahoo.com - July 22 at 8:56 AM
finance.yahoo.com logo[$$] How Small Investors Can Tap Into Bonds
finance.yahoo.com - July 22 at 8:56 AM
finance.yahoo.com logoAs Snap Continues to Stumble, Should It Consider Selling Itself?
finance.yahoo.com - July 22 at 8:56 AM
investorplace.com logoWhy Snap Inc (SNAP), Groupon Inc (GRPN) and Huntington Bancshares Incorporated (HBAN) Are 3 of Today’s Worst Stocks
investorplace.com - July 21 at 5:01 PM
investorplace.com logoHow Much Longer Can Snap Inc (SNAP) Stock Compete With Facebook Inc (FB)?
investorplace.com - July 21 at 10:44 AM
investorplace.com logoSnap Inc (SNAP) Stock and Comcast Corporation (CMCSA) Are Betting on Partnership with NBC
investorplace.com - July 21 at 7:35 AM
seekingalpha.com logoSnap-on, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - July 21 at 7:13 AM
finance.yahoo.com logoNBC's daily news show on Snap targets youths
finance.yahoo.com - July 21 at 7:13 AM
finance.yahoo.com logoSnap Is Why You Should Own Facebook: Jim Cramer
finance.yahoo.com - July 21 at 7:13 AM
finance.yahoo.com logoFormer Twitter CEO Dick Costolo has advice for Snapchat on how to deal with Facebook
finance.yahoo.com - July 21 at 7:13 AM
finance.yahoo.com logoNote to parents: This social network was rated the worst for teenage cyberbullying
finance.yahoo.com - July 21 at 7:13 AM
finance.yahoo.com logoSnap under pressure as Wall Street eyes share lock-up expirations
finance.yahoo.com - July 21 at 7:13 AM
finance.yahoo.com logoThere Is One Theory About Snapchat That Has Investors Very Concerned
finance.yahoo.com - July 21 at 7:13 AM
nasdaq.com logoSnapchat (SNAP) Launches 'Stay Tuned' Newscast with NBC - Nasdaq
www.nasdaq.com - July 21 at 7:13 AM
bloomberg.com logoSnap Hires Swiss Team Behind Software Protection Startup - Bloomberg
www.bloomberg.com - July 21 at 7:13 AM
seekingalpha.com logoSnap shares dip as lock-up expiration approaches - Seeking Alpha
seekingalpha.com - July 21 at 7:13 AM
investorplace.com logoSnap Inc (SNAP) Stock Isn’t Going to Rebound, At Least Not Anytime Soon
investorplace.com - July 20 at 11:51 AM
bizjournals.com logoSnap selling Spectacles on Amazon
www.bizjournals.com - July 18 at 8:44 PM
finance.yahoo.com logoBuying ‘Cool’ Stocks Like Snap and Blue Apron Is Dumb
finance.yahoo.com - July 18 at 8:44 PM
finance.yahoo.com logoFacebook (FB) Shares Hit New All-Time High
finance.yahoo.com - July 18 at 8:44 PM
finance.yahoo.com logoWant to Buy Snapchat Spectacles? Just Go on Amazon
finance.yahoo.com - July 18 at 8:44 PM
finance.yahoo.com logoWhy Did Netflix (NFLX) Climb 13% Today?
finance.yahoo.com - July 18 at 8:44 PM
finance.yahoo.com logoSnap Gets a Stern Smackdown From a Business School Professor
finance.yahoo.com - July 18 at 8:44 PM
investorplace.com logoFacebook Inc (FB) Deals Snap Inc (SNAP) Yet Another Blow - Investorplace.com
investorplace.com - July 18 at 8:44 PM
investorplace.com logoSnap Inc (SNAP) Stock Is Still Too Expensive and Volatile - Investorplace.com
investorplace.com - July 18 at 8:44 PM
investorplace.com logoSnap Inc (SNAP) Stock Is Still Too Expensive and Volatile
investorplace.com - July 18 at 7:37 PM
bizjournals.com logoSnap shopping for adtech acquisition
www.bizjournals.com - July 18 at 3:44 PM
reuters.com logoBRIEF-Snap Inc introduces 'multi-snap recording' and photo editing feature 'tint brush'
www.reuters.com - July 18 at 3:44 PM
finance.yahoo.com logoMaterial Information Disclosure: UnitedCorp Geo-location Based Filters Patent Portfolio Independently Valued by TechInsights, at US $1.04 Billion
finance.yahoo.com - July 18 at 3:44 PM
finance.yahoo.com logoGoogle Will Literally Ship Your Data to Its Cloud
finance.yahoo.com - July 18 at 3:44 PM
finance.yahoo.com logoSnapchat sees massive boost in geofilter views
finance.yahoo.com - July 18 at 3:44 PM
finance.yahoo.com logoHere Is Another Reason Why Blue Apron Is Facing an Investor Backlash
finance.yahoo.com - July 18 at 3:44 PM
fortune.com logoBuying 'Cool' Stocks Like Snap and Blue Apron Is Dumb - Fortune
fortune.com - July 18 at 3:43 PM
finance.yahoo.com logoSnap Shares Break Even Lower: Will the Slump Stop Soon?
finance.yahoo.com - July 18 at 3:43 PM
finance.yahoo.com logoSnapchat just added a couple new features -- here's how to use them
finance.yahoo.com - July 18 at 3:43 PM
marketbeat.com logoThe top iPhone and iPad apps on App Store
marketbeat.com - July 18 at 1:58 PM
investorplace.com logoFacebook Inc (FB) Deals Snap Inc (SNAP) Yet Another Blow
investorplace.com - July 18 at 12:15 PM
investopedia.com logoWhy Snap's Value Could Fall by $10 Billion
www.investopedia.com - July 18 at 8:20 AM

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Chart

Snap (SNAP) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff