Sonos Inc Stock Price on February 14, 2024
| SONO Stock | USD 15.69 0.11 0.70% |
Below is the normalized historical share price chart for Sonos Inc extending back to August 02, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sonos stands at 15.69, as last reported on the 4th of June, with the highest price reaching 15.93 and the lowest price hitting 15.64 during the day.
If you're considering investing in Sonos Stock, it is important to understand the factors that can impact its price. Sonos Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Sonos Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonos' Coefficient Of Variation of (759.91), variance of 3.61, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
As of the 4th of June 2024, Total Stockholder Equity is likely to drop to about 299.1 M. In addition to that, Common Stock Total Equity is likely to drop to about 96 K. At this time, Sonos' Price To Sales Ratio is very stable compared to the past year. As of the 4th of June 2024, Price To Free Cash Flows Ratio is likely to grow to 31.08, while Price Earnings Ratio is likely to drop (193.76). Sonos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of August 2018 | 200 Day MA 15.5681 | 50 Day MA 17.4096 | Beta 2.001 |
Sonos |
Sharpe Ratio = -0.1423
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| Negative Returns | SONO |
Estimated Market Risk
| 1.91 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sonos is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sonos by adding Sonos to a well-diversified portfolio.
Price Book 3.5211 | Enterprise Value Ebitda 46.8371 | Price Sales 1.3117 | Shares Float 120.4 M | Wall Street Target Price 23.8 |
Sonos Valuation on February 14, 2024
It is possible to determine the worth of Sonos on a given historical date. On February 14, 2024 Sonos was worth 18.46 at the beginning of the trading date compared to the closed value of 18.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonos stock. Still, in general, we apply an absolute valuation method to find Sonos' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sonos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonos' related companies.
| Open | High | Low | Close | Volume | |
| 17.78 | 18.52 | 17.67 | 18.16 | 2,714,230 | |
02/14/2024 | 18.46 | 18.94 | 18.29 | 18.69 | 2,605,764 |
| 18.87 | 19.29 | 18.81 | 19.24 | 2,912,907 |
| Backtest Sonos | | | Sonos History | | | Sonos Valuation | Previous | Next |
Sonos Trading Date Momentum on February 14, 2024
| On February 15 2024 Sonos Inc was traded for 19.24 at the closing time. The top price for the day was 19.29 and the lowest listed price was 18.81 . The trading volume for the day was 2.9 M. The trading history from February 15, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 2.94% . The trading price change against the current closing price is 0.64% . |
Sonos Inc Fundamentals Correlations and Trends
By evaluating Sonos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sonos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonos financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonos Stock history
Sonos investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sonos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonos Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sonos stock prices may prove useful in developing a viable investing in Sonos
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 146.9 M | 114.4 M | |
| Net Income Applicable To Common Shares | 77.5 M | 81.4 M |
Sonos Quarterly Net Working Capital |
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Sonos Stock Technical Analysis
Sonos technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sonos Period Price Range
Low | February 14, 2024
| High |
18.46 | 18.69 |
Sonos June 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonos shares will generate the highest return on investment. By undertsting and applying Sonos stock market strength indicators, traders can identify Sonos Inc entry and exit signals to maximize returns
| Accumulation Distribution | 89426.96 | |||
| Daily Balance Of Power | 0.3538 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 18.62 | |||
| Day Typical Price | 18.64 | |||
| Price Action Indicator | 0.19 | |||
| Period Momentum Indicator | (3.00) |
Sonos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonos' price direction in advance. Along with the technical and fundamental analysis of Sonos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonos to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (3.16) |
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| Volume Indicators |
Additional Information and Resources on Investing in Sonos Stock
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonos. If investors know Sonos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.123 | Earnings Share (0.34) | Revenue Per Share 12.24 | Quarterly Revenue Growth (0.17) | Return On Assets (0.01) |
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonos' market value can be influenced by many factors that don't directly affect Sonos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.