NYSE:SNAP - Snap 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 $14.66 -1.01 (-6.45 %) (As of 02/27/2020 04:00 PM ET) Add Compare Today's Range$14.63Now: $14.66▼$15.2850-Day Range$15.67MA: $17.83▼$19.2552-Week Range$9.16Now: $14.66▼$19.75Volume30.76 million shsAverage Volume27.53 million shsMarket Capitalization$20.82 billionP/E RatioN/ADividend YieldN/ABeta1.07 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… 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 / Sales12.14 Cash FlowN/A Price / Cash FlowN/A Book Value$1.59 per share Price / Book9.22Profitability 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 Shares1,420,189,000Market Cap$20.82 billion Next Earnings Date4/28/2020 (Estimated) 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 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) issued its quarterly earnings results on Tuesday, February, 4th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.02. The company had revenue of $560.90 million for the quarter, compared to analyst estimates of $561.87 million. Snap had a negative return on equity of 46.63% and a negative net margin of 60.25%. The company's revenue for the quarter was up 43.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.04) 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, April 28th 2020. View Earnings Estimates for Snap. 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 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 brokers have issued 12 month target prices for Snap's stock. Their forecasts range from $11.50 to $25.00. On average, they expect Snap's stock price to reach $19.33 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets for Snap. What is the consensus analysts' recommendation for Snap? 37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 14 hold ratings and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. 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? Media stories about SNAP stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Snap earned a news impact score of -1.7 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Snap. Are investors shorting Snap? Snap saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 111,840,000 shares, a decline of 9.1% from the January 30th total of 123,040,000 shares. Based on an average daily volume of 23,680,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 13.8% of the company's shares 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), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), InterXion (INXN), GDS (GDS) and Wix.Com (WIX). 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), Tesla (TSLA), Intel (INTC) and General Electric (GE). 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 initial public offering 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 are Snap's major shareholders? Snap's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Capital World Investors (1.20%), FIL Ltd (1.02%), First Trust Advisors LP (0.95%), Renaissance Technologies LLC (0.71%), FMR LLC (0.64%) and State Street Corp (0.53%). Company insiders that own Snap stock include Andrew Vollero, Derek Andersen, Evan Spiegel, Imran Khan, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky, Rebecca Morrow, Robert C Murphy, Stanley J Meresman and Timothy R Stone. 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 FMR LLC, Toronto Dominion Bank, Lord Abbett & CO. LLC, Honeycomb Asset Management LP, Commerzbank Aktiengesellschaft FI, Strategic Wealth Advisors Group LLC, Alliancebernstein L.P. and Trexquant Investment LP. Company insiders that have sold Snap company stock in the last year include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Rebecca Morrow, Robert C Murphy and Stanley J Meresman. 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 Renaissance Technologies LLC, FIL Ltd, AO Asset Management LP, Caisse DE Depot ET Placement DU Quebec, Alyeska Investment Group L.P., Schonfeld Strategic Advisors LLC, Point72 Asset Management L.P. and First Trust Advisors LP. 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, Robinhood, Fidelity and Charles Schwab. What is Snap's stock price today? One share of SNAP stock can currently be purchased for approximately $14.66. How big of a company is Snap? Snap has a market capitalization of $20.82 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] MarketBeat Community Rating for Snap (NYSE SNAP)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 820 (Vote Outperform)Underperform Votes: 961 (Vote Underperform)Total Votes: 1,781MarketBeat'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 2/27/2020 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Equity (ROE)?
