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: $16.95171 billion
  • Outstanding Shares: 1,197,154,000
Average Prices:
  • 50 Day Moving Avg: $15.03
  • 200 Day Moving Avg: $15.03
  • 52 Week Range: $14.05 - $29.44
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -16.28
  • P/E Growth: -0.33
Sales & Book Value:
  • Annual Revenue: $625.21 million
  • Price / Sales: 27.11
  • Book Value: $3.00 per share
  • Price / Book: 4.72
Profitability:
  • EBIDTA: ($2,920,000,000.00)
Debt:
  • Current Ratio: 11.80%
  • Quick Ratio: 11.80%
Misc:
  • Average Volume: 28.70 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) released its quarterly earnings results on Thursday, August, 10th. The company reported ($0.36) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.29) by $0.07. The company earned $181.70 million during the quarter, compared to analysts' expectations of $186.49 million. The firm's revenue was up 153.1% compared to the same quarter last year. View Snap's Earnings History.

When will Snap make its next earnings announcement?

Snap is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Snap.

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

43 brokers have issued 12-month price objectives for Snap's stock. Their forecasts range from $8.00 to $31.00. On average, they expect Snap's share price to reach $18.61 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. Cantor Fitzgerald analysts commented, "Monetization per minute has significant upside potential… We’re modeling for Snap’s 2017 US ad revenue per DAU (ARPU) to rise 53.4% y/y to $9.56 (vs. FB’s (OW) $103.31), and for its 2017 US ad rev per min (x 1,000) to also rise by 53.4% y/y to $0.87 (vs. FB’s $5.66). On both counts, we believe Snap’s monetization has room to go substantially higher as bid density improves on the self-serve platform and as mobile video/ads in the Discover tab ramp up." (9/15/2017)
  • 2. Drexel Hamilton analysts commented, "We continue to believe Snap has strong upside potential over the next 12 months as reflected in our $30.00 price target." (9/14/2017)
  • 3. 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. " (8/16/2017)
  • 4. 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)
  • 5. 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)

Are investors shorting Snap?

Snap saw a increase in short interest in August. As of August 31st, there was short interest totalling 94,623,140 shares, an increase of 36.0% from the August 15th total of 69,596,506 shares. Based on an average trading volume of 34,325,291 shares, the days-to-cover ratio is currently 2.8 days. Currently, 19.4% of the company's stock 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 acted 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 Coatue Management LLC (1.86%), FMR LLC (1.29%), BlackRock Inc. (0.88%), Vanguard Group Inc. (0.71%), General Atlantic LLC (0.41%) and Capital World Investors (0.25%). Company insiders that own Snap stock include Andrew Vollero, Imran Khan, Steven Michael Horowitz and Timothy Sehn. 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 FMR LLC, Capital World Investors, Valiant Capital Management L.P., Franklin Resources Inc., TD Asset Management Inc., LMR Partners LLP, Sei Investments Co. and New York State Common Retirement Fund. Company insiders that have sold Snap stock in the last year include Andrew Vollero, Imran Khan, Steven Michael Horowitz and Timothy Sehn. View Insider Buying and Selling for Snap.

Who bought Snap stock? Who is buying Snap stock?

Snap's stock was bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Vanguard Group Inc., Coatue Management LLC, BlackRock Inc., NEA Management Company LLC, Macquarie Group Ltd., Gilder Gagnon Howe & Co. LLC and Parametric Portfolio Associates LLC. 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 $14.16.


MarketBeat Community Rating for Snap (NYSE SNAP)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  569
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: 9 Sell Ratings, 22 Hold Ratings, 12 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: $18.61 (31.46% upside)

Analysts' Ratings History for Snap (NYSE:SNAP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017Cantor FitzgeraldReiterated RatingBuy$15.00 -> $17.00MediumView Rating Details
9/14/2017Drexel HamiltonReiterated RatingBuy$30.00LowView Rating Details
9/11/2017Deutsche Bank AGDowngradeBuy -> Hold$20.00 -> $17.00LowView Rating Details
9/5/2017Stifel NicolausReiterated RatingBuy$18.00MediumView Rating Details
8/30/2017WedbushInitiated CoverageNeutral -> Neutral$12.00MediumView Rating Details
8/23/2017Morgan StanleyLower Price TargetEqual -> Equal Weight$16.00 -> $14.00MediumView Rating Details
8/17/2017AegisBoost Price TargetHold$14.00 -> $15.00LowView Rating Details
8/15/2017ArgusReiterated RatingHoldMediumView Rating Details
8/15/2017SunTrust Banks, Inc.Initiated CoverageSell -> Sell$10.00MediumView Rating Details
8/14/2017Susquehanna Bancshares IncReiterated RatingNeutral$12.00 -> $10.00HighView Rating Details
8/14/2017Credit Suisse GroupDowngradeBuy -> Neutral$25.00 -> $17.00HighView Rating Details
8/11/2017Bank of America CorporationReiterated RatingNeutral$20.00 -> $17.00LowView Rating Details
8/11/2017Piper Jaffray CompaniesReiterated RatingNeutral$16.50 -> $12.50LowView Rating Details
8/11/2017Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$27.00 -> $23.00LowView Rating Details
8/11/2017Canaccord GenuityReiterated RatingHold$22.00 -> $15.00HighView Rating Details
8/11/2017Summit RedstoneReiterated RatingSell$10.00 -> $8.00HighView Rating Details
8/11/2017Wells Fargo & CompanyReiterated RatingHoldHighView Rating Details
8/11/2017Oppenheimer Holdings, Inc.Lower Price TargetOutperform$16.00HighView Rating Details
8/11/2017Monness Crespi & HardtDowngradeBuy -> NeutralHighView Rating Details
8/11/2017Jefferies Group LLCLower Price TargetBuy$30.00 -> $16.00MediumView Rating Details
8/11/2017Barclays PLCReiterated RatingEqual Weight$18.00 -> $13.00MediumView Rating Details
8/10/2017Citigroup Inc.Reiterated RatingAverage -> Neutral$19.00 -> $13.00HighView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingOutperform$31.00MediumView Rating Details
7/25/2017Cleveland ResearchDowngradeBuy -> NeutralLowView Rating Details
7/14/2017Cowen and CompanyDowngradeOutperform -> Market Perform$21.00 -> $26.00MediumView Rating Details
7/13/2017Pivotal ResearchReiterated RatingSell$9.00LowView 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
6/5/2017J P Morgan Chase & CoReiterated RatingNeutral$20.00 -> $18.00LowView Rating Details
5/12/2017Raymond James Financial, Inc.Reiterated RatingMarket PerformHighView 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
4/6/2017Loop CapitalReiterated RatingHold$21.00LowView Rating Details
4/4/2017BTIG ResearchInitiated CoverageNeutral -> Neutral$22.20LowView 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
3/23/2017OTR GlobalInitiated CoveragePositive -> Positive$20.00MediumView Rating Details
3/21/2017Atlantic SecuritiesReiterated RatingUnderweight$14.00HighView Rating Details
3/17/2017MizuhoInitiated CoverageNeutral$20.00MediumView Rating Details
3/9/2017FBN SecuritiesInitiated CoverageHold$23.00LowView Rating Details
(Data available from 9/22/2015 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
11/9/2017        
8/10/2017Q2 2017($0.29)($0.36)$186.49 million$181.70 millionViewN/AView Earnings Details
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: $-2.86 EPS
Next Year EPS Consensus Estimate: $-0.87 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Snap (NYSE:SNAP)
Institutional Ownership Percentage: 16.40%
Insider Trades by Quarter for Snap (NYSE:SNAP)
Institutional Ownership by Quarter for Snap (NYSE:SNAP)
Insider Trades by Quarter for Snap (NYSE:SNAP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/19/2017Andrew VolleroCFOSell37,874$14.64$554,475.36View SEC Filing  
9/5/2017Timothy SehnVPSell400,000$14.34$5,736,000.00View SEC Filing  
8/23/2017Imran KhanInsiderSell350,000$15.00$5,250,000.00View SEC Filing  
8/23/2017Timothy SehnVPSell150,000$15.00$2,250,000.00View SEC Filing  
8/16/2017Steven Michael HorowitzVPSell50,624$13.04$660,136.96View SEC Filing  
8/14/2017Andrew VolleroCFOSell195,100$12.50$2,438,750.00View SEC Filing  
8/14/2017Imran KhanInsiderSell150,000$12.50$1,875,000.00View SEC Filing  
8/14/2017Timothy SehnVPSell400,000$12.50$5,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Snap (NYSE:SNAP)
Latest Headlines for Snap (NYSE:SNAP)
Source:
DateHeadline
americanbankingnews.com logoAndrew Vollero Sells 37,874 Shares of Snap Inc. (SNAP) Stock
www.americanbankingnews.com - September 21 at 10:32 PM
americanbankingnews.com logoBidaskClub Downgrades Snap Inc. (SNAP) to Sell
www.americanbankingnews.com - September 21 at 10:16 PM
investorplace.com logoWhy Dr Pepper Snapple Group Inc. (DPS) Shares Are Down Today
investorplace.com - September 21 at 2:15 PM
investorplace.com logoSnap (SNAP) Stock is Doomed, Get Out Now!
investorplace.com - September 20 at 9:25 AM
investorplace.com logoForget Snap Inc (SNAP): Buy These Money Makers Instead - Investorplace.com
investorplace.com - September 20 at 9:11 AM
finance.yahoo.com logoWhy Twitter (TWTR) Is One of My Least Favorites for the Next 5 Years
finance.yahoo.com - September 20 at 9:11 AM
finance.yahoo.com logoInstagram closes in on Snapchat with new users
finance.yahoo.com - September 20 at 9:11 AM
finance.yahoo.com logoHow (and why) Snapchat knows what the temperature is
finance.yahoo.com - September 20 at 9:11 AM
investorplace.com logoForget Snap Inc (SNAP): Buy These Money Makers Instead
investorplace.com - September 20 at 7:31 AM
streetinsider.com logoForm 4 Snap Inc For: Sep 15 Filed by: Sehn Timothy
www.streetinsider.com - September 19 at 7:49 AM
finance.yahoo.com logoSnapchat Removes Qatari Al Jazeera Channel in Saudi Arabia on Government Request
finance.yahoo.com - September 19 at 7:49 AM
finance.yahoo.com logoSnap Suffers a Blow as Comedy Central Discontinues Deal
finance.yahoo.com - September 19 at 7:49 AM
finance.yahoo.com logoGet Ready for Snap Inc.'s Growth to Slow Down
finance.yahoo.com - September 19 at 7:48 AM
finance.yahoo.com logoSaudi authorities pressure Snapchat to block Al-Jazeera
finance.yahoo.com - September 19 at 7:48 AM
finance.yahoo.com logoSnapchat pulls Al Jazeera channel in Saudi Arabia
finance.yahoo.com - September 19 at 7:48 AM
fool.com logoGet Ready for Snap Inc.'s Growth to Slow Down
www.fool.com - September 18 at 3:19 PM
bloomberg.com logoSnap Removes Al Jazeera in Saudi Arabia Amid Qatar Tensions - Bloomberg
www.bloomberg.com - September 18 at 6:40 AM
wsj.com logoSnapchat Removes Al Jazeera Channel in Saudi Arabia - Wall Street Journal (subscription)
www.wsj.com - September 18 at 6:40 AM
finance.yahoo.com logoSnap says removes Al Jazeera's Discover Publisher channel in Saudi Arabia
finance.yahoo.com - September 18 at 6:40 AM
finance.yahoo.com logo[$$] Snapchat Removes Al Jazeera Channel in Saudi Arabia
finance.yahoo.com - September 18 at 6:40 AM
finance.yahoo.com logoSnap Removes Al Jazeera in Saudi Arabia Amid Qatar Tensions
finance.yahoo.com - September 18 at 6:40 AM
finance.yahoo.com logo[$$] Snap drops Al Jazeera content from app in Saudi Arabia
finance.yahoo.com - September 18 at 6:40 AM
marketwatch.com logoThe Wall Street Journal: Snapchat blocks Al Jazeera channel from users in Saudi Arabia
www.marketwatch.com - September 17 at 9:08 PM
americanbankingnews.com logoSnap Inc. (SNAP) Short Interest Update
www.americanbankingnews.com - September 17 at 2:46 AM
seekingalpha.com logoSnap's Influencer Policy: A Strategic Mistake? - Snap Inc. (NYSE ... - Seeking Alpha
seekingalpha.com - September 16 at 8:48 AM
seekingalpha.com logoSnap's Monetization Problems Indicative Of A Failing Business ... - Seeking Alpha
seekingalpha.com - September 16 at 8:48 AM
finance.yahoo.com logoSnapchat Rolls Out 3D Bitmoji World Lenses, Upgrades App
finance.yahoo.com - September 16 at 8:48 AM
finance.yahoo.com logoMorgan Stanley Is Using Snapchat to Recruit College Students and Make Them Rich
finance.yahoo.com - September 16 at 8:48 AM
streetinsider.com logoSnap Inc (SNAP) PT Raised to $17 at Cantor Fitzgerald, Monetization Upside "significant" - StreetInsider.com
www.streetinsider.com - September 15 at 9:04 AM
finance.yahoo.com logoSnapchat Chosen by Morgan Stanley for Recruitment Drive
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoSocial Capital: Palihapitiya Wants More Savvy, Less Dumb, in Tech Investing
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoThe bankers behind Snap's IPO totally botched the price, ...
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoSnapchat brings Bitmojis into real life through World Lenses
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoComedy Central is pulling the plug on its Snapchat Discover channel
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoNot So Fast, Apple: Snap Launches New AR Feature of Its Own
finance.yahoo.com - September 15 at 9:04 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Facebook and Snap
finance.yahoo.com - September 15 at 9:04 AM
americanbankingnews.com logoSnap Inc. (SNAP) Given "Buy" Rating at Cantor Fitzgerald
www.americanbankingnews.com - September 15 at 7:28 AM
americanbankingnews.com logoDrexel Hamilton Reaffirms Buy Rating for Snap Inc. (SNAP)
www.americanbankingnews.com - September 14 at 7:16 PM
investopedia.com logoSnap's Short Interest Surges By 25 Million Shares
www.investopedia.com - September 14 at 10:22 AM
finance.yahoo.com logoFacebook in Talks for Music Rights
finance.yahoo.com - September 14 at 10:21 AM
finance.yahoo.com logoSnap Inc. Is Adding College Newspapers to Its Discover Section
finance.yahoo.com - September 14 at 10:21 AM
News IconSnapchat is bringing virtual Bitmojis into the real world - Business Insider
www.businessinsider.com - September 14 at 10:21 AM
seekingalpha.com logoApple Has Just Previewed The Demise Of Snap - Seeking Alpha
seekingalpha.com - September 14 at 10:21 AM
finance.yahoo.com logoHere's How Much Time the Average American Spends Daily on 5 Popular Websites
finance.yahoo.com - September 14 at 10:21 AM
finance.yahoo.com logoThe Amazon Monopoly Problem: Prime Time For Antitrust Action Vs. Internet Giants?
finance.yahoo.com - September 14 at 10:21 AM
finance.yahoo.com logoSnapchat is bringing virtual Bitmojis into the real world
finance.yahoo.com - September 14 at 10:21 AM
finance.yahoo.com logoDecoding Snap’s Hiring Trends: Engineering and Sales
finance.yahoo.com - September 13 at 9:15 AM
finance.yahoo.com logoSnap spiked after Apple demoed its new face tracking live on stage
finance.yahoo.com - September 13 at 9:15 AM
finance.yahoo.com logoApple Unveils $999 iPhone X, But You Can't Get One Until Nov. 3
finance.yahoo.com - September 13 at 9:15 AM
finance.yahoo.com logoAt iPhone Event, Apple Fires Warning Shot at Snap
finance.yahoo.com - September 13 at 9:15 AM

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Chart

Snap (SNAP) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff