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

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$9.12 -0.07 (-0.76 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$9.12
Today's Range$9.04 - $9.23
52-Week Range$4.82 - $20.75
Volume19.94 million shs
Average Volume30.41 million shs
Market Capitalization$11.78 billion
P/E Ratio-9.40
Dividend YieldN/A
Beta0.77
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 to 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 to surface the most interesting stories from publishers, creators, and the community, based on a user's subscriptions and interests. In addition, the company offers Snap Map, which enables individuals to pinch on the camera screen for bringing a live map of their location, as well as showing nearby friends, popular stories, and a heatmap of recent Snaps posted to their story; 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 capture 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 Venice, 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$1.79 per share

Profitability

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

Miscellaneous

Employees2,884
Outstanding Shares1,291,217,000
Market Cap$11.78 billion
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) posted its quarterly earnings data on Tuesday, February, 5th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.19) by $0.15. The firm earned $389.82 million during 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 company's revenue was up 36.4% on a year-over-year basis. During the same quarter last year, the business posted ($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 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?

31 analysts have issued 1 year price objectives for Snap's stock. Their predictions range from $5.00 to $15.00. On average, they expect Snap's stock price to reach $8.5357 in the next twelve months. This suggests that the stock has a possible downside of 6.4%. View Analyst Price Targets for Snap.

What is the consensus analysts' recommendation for Snap?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 4 sell ratings, 24 hold ratings and 3 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, "Snapchat continues to bring new features including Our Stories, Original Shows and Lenses on its platform, which is expected to attract users. The company has become the most preferred social networking medium among teenagers, which is a significant positive. Moreover, the company’s transition to automated or programmatic auction of Snap Ads is driving its advertising revenues. Extended partnerships with the likes of Comcast and Viacom related to new content production are expected to boost audience base and drive top-line for the company. However, lack of revenue diversification is a headwind. Lackluster user growth and decline in DAU remains the primary concern for investors. Shares have significantly underperformed the industry in the past year." (2/5/2019)
  • 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?

Press coverage about SNAP stock has trended somewhat negative on Saturday, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Snap?

Snap saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 144,971,787 shares, an increase of 4.1% from the January 15th total of 139,281,308 shares. Based on an average daily trading volume, of 23,928,970 shares, the short-interest ratio is currently 6.1 days. Currently, 25.2% of the company's shares are sold short. View Snap's Current Options Chain.

Who are some of Snap's key competitors?

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. Michael O'Sullivan, Gen. Counsel & Sec. (Age 53)
  • Mr. Timothy R. Stone, Chief Financial Officer (Age 51)
  • Ms. Lara A. Sweet, Chief Accounting Officer (Age 45)

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.

Who are Snap's major shareholders?

Snap's stock is owned by a number of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (1.53%), BlackRock Inc. (1.16%), Hillhouse Capital Advisors Ltd. (0.54%), Sumitomo Mitsui Asset Management Company LTD (0.37%), Geode Capital Management LLC (0.37%) and TB Alternative Assets Ltd. (0.13%). 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 major 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 major investors are buying Snap stock?

SNAP stock was bought 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, Macquarie Group Ltd., Oregon Public Employees Retirement Fund and Tenzing Global Management LLC. 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 $9.12.

How big of a company is Snap?

Snap has a market capitalization of $11.78 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:  530 (Vote Outperform)
Underperform Votes:  687 (Vote Underperform)
Total Votes:  1,217
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 2/16/2019 by MarketBeat.com Staff

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