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

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$5.91 +0.16 (+2.78 %)
(As of 12/13/2018 08:00 AM ET)
Previous Close$5.75
Today's Range$5.78 - $6.13
52-Week Range$5.57 - $21.22
Volume14.85 million shs
Average Volume13.09 million shs
Market Capitalization$7.42 billion
P/E Ratio-2.84
Dividend YieldN/A
Beta-0.46
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

Stock Exchange NYSE
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:SNAP
Previous Symbol
CUSIPN/A
Phone310-399-3339

Debt

Debt-to-Equity RatioN/A
Current Ratio6.04
Quick Ratio6.04

Price-To-Earnings

Trailing P/E Ratio-2.84
Forward P/E Ratio-5.85
P/E GrowthN/A

Sales & Book Value

Annual Sales$824.95 million
Price / Sales9.25
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.45 per share
Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)($2.08)
Net Income$-3,445,060,000.00
Net Margins-131.39%
Return on Equity-49.42%
Return on Assets-43.07%

Miscellaneous

Employees3,069
Outstanding Shares1,291,220,000
Market Cap$7.42 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 Thursday, October, 25th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.27) by $0.05. The company had revenue of $297.70 million for the quarter, compared to analysts' expectations of $283.54 million. Snap had a negative return on equity of 49.42% and a negative net margin of 131.39%. View Snap's Earnings History.

When is Snap's next earnings date?

Snap is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Snap.

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

Snap updated its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $355-380 million, compared to the consensus revenue estimate of $370.96 million.

What price target have analysts set for SNAP?

35 analysts have issued 12 month target prices for Snap's shares. Their predictions range from $6.00 to $28.00. On average, they anticipate Snap's stock price to reach $11.4444 in the next twelve months. This suggests a possible upside of 93.6% from the stock's current price. View Analyst Price Targets for Snap.

What is the consensus analysts' recommendation for Snap?

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 9 sell ratings, 18 hold ratings and 8 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 advertising revenues continue to rise driven by strong international growth. The shift from auction to programmatic has worked wonders for Snap, although continuing price decline is a concern. Moreover, Snap’s strategy of bringing in new features to attract more users and advertisers is positive. Snapchat has become the most preferred social networking medium among teenagers, which is a major growth driver. However, increasing competition from Facebook’s Instagram continues to negatively impact user base growth. Moreover, lack of revenue diversification is a major concern for Snap. Shares of Snap have underperformed the industry on a year-to-date basis." (10/24/2018)
  • 2. Wells Fargo & Co analysts commented, "We maintain our Market Perform rating and $12 price target, based on our DCF." (8/8/2018)
  • 3. SunTrust Banks, Inc. analysts commented, "We maintain a Hold rating/$13 PT ahead of 2Q18 earnings as 1) valuation remains full at 14.9x EV/Revs, the high-end of our IDM group, 2) read through from TWTR/FB earnings implies a potentially challenging macro environment, 3) feedback from marketers is consistent, that Snap remains well behind Instagram in budget allocations, 4) negative feedback from the redesign and subsequent reversal could have caused user churn/drop in engagement, and 5) lack of financial guidance creates more variability to consensus estimates. That said, Snap remains a viable differentiated and innovative platform. Causes Concern. 2Q18 results from the last two weeks show that while marketer’s demands for digital ad inventory was strong, there are ongoing concerns about the regulatory environment on several issues." (8/6/2018)

Has Snap been receiving favorable news coverage?

News stories about SNAP stock have been trending neutral this week, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Snap earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next several days.

Are investors shorting Snap?

Snap saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 138,371,683 shares, an increase of 6.4% from the November 15th total of 130,048,111 shares. Based on an average trading volume of 13,272,582 shares, the short-interest ratio is presently 10.4 days. Approximately 24.0% of the shares of the company are short sold. 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 27)
  • Mr. Robert Murphy, Co-Founder, CTO & Director (Age 29)
  • Mr. Michael O'Sullivan, Gen. Counsel & Sec. (Age 52)
  • Mr. Timothy R. Stone, Chief Financial Officer (Age 51)
  • Ms. Lara A. Sweet, Chief Accounting Officer (Age 44)

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.66%), FMR LLC (1.67%), OppenheimerFunds Inc. (1.61%), First Trust Advisors LP (1.49%), BlackRock Inc. (1.12%) and Allianz Asset Management GmbH (0.63%). Company insiders that own Snap stock include Andrew Vollero, Evan Spiegel, Imran Khan, 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 OppenheimerFunds Inc., Morgan Stanley, FMR LLC, BlackRock Inc., Sumitomo Mitsui Asset Management Company LTD, Carnegie Capital Asset Management LLC, River & Mercantile Asset Management LLP and First Republic Investment Management Inc.. Company insiders that have sold Snap company stock in the last year include Andrew Vollero, Evan Spiegel, Imran Khan, 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 purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., First Trust Advisors LP, Dimensional Fund Advisors LP, Mirae Asset Global Investments Co. Ltd., Stevens Capital Management LP, SG Americas Securities LLC, Bank of New York Mellon Corp 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 $5.91.

How big of a company is Snap?

Snap has a market capitalization of $7.42 billion and generates $824.95 million in revenue each year. The company earns $-3,445,060,000.00 in net income (profit) each year or ($2.08) on an earnings per share basis. Snap employs 3,069 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:  493 (Vote Outperform)
Underperform Votes:  634 (Vote Underperform)
Total Votes:  1,127
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 12/13/2018 by MarketBeat.com Staff

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