NYSE:SNAPSnap Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Snap Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.06 -0.21 (-1.86 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$10.85Now: $11.06▼$11.4550-Day Range$8.37MA: $13.32▼$17.5952-Week Range$7.89Now: $11.06▼$19.75Volume16.40 million shsAverage Volume35.24 million shsMarket Capitalization$15.71 billionP/E RatioN/ADividend YieldN/ABeta1.29 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingSnap has received a consensus rating of Buy. The company's average rating score is 2.65, and is based on 25 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.04, Snap has a potential upside of 63.1% from its current price of $11.06.Amount of Analyst CoverageSnap has been the subject of 24 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesSnap has received 859 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSnap has received 989 “underperform” votes. (Add your “underperform” vote.)Community SentimentSnap has received 53.52% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldSnap does not currently pay a dividend.Dividend GrowthSnap does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Snap insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $64,165,586.00 in company stock.Percentage Held by Institutions36.32% of the stock of Snap is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Snap are expected to decrease by -36.51% in the coming year, from ($0.63) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Snap is -14.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Snap is -14.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSnap has a P/B Ratio of 6.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.52 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SNAP Previous Symbol CUSIPN/A CIK1564408 Webhttp://www.snap.com/ Phone310-399-3339Debt Debt-to-Equity Ratio0.53 Current Ratio5.29 Quick Ratio5.29Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.72 billion Price / Sales9.16 Cash FlowN/A Price / Cash FlowN/A Book Value$1.60 per share Price / Book6.91Profitability EPS (Most Recent Fiscal Year)($0.75) Net Income$-1,033,660,000.00 Net Margins-60.25% Return on Equity-46.63% Return on Assets-30.68%Miscellaneous Employees3,195 Outstanding Shares1,420,190,000Market Cap$15.71 billion Next Earnings Date4/21/2020 (Confirmed) OptionableOptionable Receive SNAP News and Ratings via Email Sign-up to receive the latest news and ratings for SNAP and its competitors with MarketBeat's FREE daily newsletter. SNAP Rates by TradingView Snap (NYSE:SNAP) Frequently Asked Questions How has Snap's stock been impacted by COVID-19 (Coronavirus)? Snap's stock was trading at $10.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SNAP stock has increased by 2.3% and is now trading at $11.06. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Snap? 37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 11 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Snap. When is Snap's next earnings date? Snap is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for Snap. How can I listen to Snap's earnings call? Snap will be holding an earnings conference call on Tuesday, April 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Snap's earnings last quarter? Snap Inc (NYSE:SNAP) posted its quarterly earnings results on Tuesday, February, 4th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. The business earned $560.90 million during the quarter, compared to analysts' expectations of $561.87 million. Snap had a negative return on equity of 46.63% and a negative net margin of 60.25%. The business's revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.04) earnings per share. View Snap's earnings history. What guidance has Snap issued on next quarter's earnings? Snap updated its first quarter 2020 After-Hours earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $450-470 million, compared to the consensus revenue estimate of $461.63 million. What price target have analysts set for SNAP? 37 analysts have issued 12-month price objectives for Snap's shares. Their forecasts range from $10.00 to $25.00. On average, they expect Snap's stock price to reach $18.04 in the next twelve months. This suggests a possible upside of 63.1% from the stock's current price. View analysts' price targets for Snap. What are Wall Street analysts saying about Snap stock? Here are some recent quotes from research analysts about Snap stock: 1. Stifel Nicolaus analysts commented, "We maintain our Buy rating and $19 Target Price on SNAP shares. Audience tracker suggests a relatively steady user base in the U.S. and abroad: Based on recently released Snap Ad reach estimates for August, it appears U.S. / global DAUs are still tracking ahead of our sequential DAU forecasts for 3Q:19 (on pace for +4.0mm to +5.0mm globally vs. our +3mm 3Q forecast and Snap’s guidance for +2.0mm to +4.0mm for the full quarter), absent any meaningful changes in daily engagement / usage patterns outside of the top 10 advertising markets, although aggregate reach across the markets we track was down slightly m/m. As we discussed in the July report, we believe September is the seasonally strongest month for sequential DAU growth during 3Q as students are back in school, whereas usage is generally weaker during July and August due to summer vacations." (9/4/2019) 2. Pivotal Research analysts commented, "We are maintaining our Buy rating and increasing our target price from $17.25 to $20.75 as we roll forward our 12-month TP based on 9.5x EV/Sales on our above street 2021 estimates. This quarter was a strong –way stronger than we anticipated– confirmation to our view that SNAP is hitting an inflection point. They delivered a blow-out DAU adds, revenue and EBITDA beats, and had both strong EBITDA and revenue guidance." (7/24/2019) 3. According to Zacks Investment Research, "Snap’s first-quarter 2019 results benefited from growth in user base and engagement levels owing to its focus on offering innovative features. Engagement levels also increased due to the new Android app made available to users, which has improved performance and takes up less space. Additionally, given Snap’s recently unveiled games and new AR features, we expect engagement levels to increase further. This is likely to attract advertisers. Additionally, Snap’s ability to reach more users in the 13 to 34 age group in the United States can also be the key reason to woo advertisers. However, management expects some disturbance in its near-term business owing to reorganization of the sales team. Moreover, increasing investments in areas such as content, sales marketing and engineering may hurt profitability. Further, Snap’s shares have significantly underperformed the industry over the past year." (4/26/2019) 4. SunTrust Banks, Inc. analysts commented, "We adjust our estimates and PT to $11 (from $8) on better 1Q19 financial results and user metrics. While management remains non committal to its timing for profitability, its strong 100%+ flow through of incremental revenue to adj. EBITDA for the second quarter in a row leads us to believe that adj. EBITDA profitability could be reached as early as 4Q19. 1Q19 Results Better Than Expected. Snap beat Street expectations for both the top and bottom lines, while showing positive user trends and 2Q19 guidance (at the midpoint, guidance is higher than current consensus). 1Q19 revenue and adj. EBITDA were $320.4M/($123.4M) vs. Street consensus of $305.7M/ ($144.0M), and a prior guidance range of $285-310M/($165M)-($140M). The bottom line beat was particularly notable given that it was the second quarter with over 100% flow through from revenue to adj." (4/24/2019) Has Snap been receiving favorable news coverage? News articles about SNAP stock have trended very negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news 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 media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSnap. Are investors shorting Snap? Snap saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 115,646,900 shares, an increase of 11.3% from the February 27th total of 103,880,000 shares. Based on an average daily volume of 25,950,000 shares, the short-interest ratio is currently 4.5 days. Approximately 13.9% of the shares of the company are short sold. View Snap's Current Options Chain. Who are some of Snap's key competitors? Some companies that are related to Snap include Baidu (BIDU), Zoom Video Communications (ZM), IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Line (LN), Yandex (YNDX), FactSet Research Systems (FDS), Pinterest (PINS), 58.com (WUBA), Trade Desk (TTD), Weibo (WB), GDS (GDS), InterXion (INXN) and Stars Group (TSG). What other stocks do shareholders of Snap own? Based on aggregate information from My MarketBeat watchlists, some companies that other Snap investors own include Alibaba Group (BABA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Micron Technology (MU), Bank of America (BAC), Twitter (TWTR), Intel (INTC), Tesla (TSLA) and General Electric (GE). Who are Snap's key executives? Snap's management team includes the following 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 initial public offering on Thursday, March 2nd 2017. The company issued 200,000,000 shares at $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. What is Snap's stock symbol? Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "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, Robinhood, Fidelity, and Charles Schwab. What is Snap's stock price today? One share of SNAP stock can currently be purchased for approximately $11.06. How big of a company is Snap? Snap has a market capitalization of $15.71 billion and generates $1.72 billion in revenue each year. The company earns $-1,033,660,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Snap employs 3,195 workers across the globe. View additional information about Snap. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: P/E Growth (PEG)
