Sonos Inc Stock Today
| SONO Stock | USD 16.87 0.11 0.65% |
Performance2 of 100
| Odds Of DistressLess than 8
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Sonos is selling at 16.87 as of the 18th of April 2024; that is -0.65 percent decrease since the beginning of the trading day. The stock's open price was 16.98. Sonos has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Sonos Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 2nd of August 2018 | Category Technology | Classification Consumer Discretionary |
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California. The company has 123.84 M outstanding shares of which 6.42 M shares are at this time shorted by private and institutional investors with about 3.08 trading days to cover. More on Sonos Inc
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Sonos Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sonos' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sonos or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John MacFarlane | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Recreation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, SP Small-Cap 600, NASDAQ Composite, Recreation, Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Sonos report their recommendations after researching Sonos' financial statements, talking to executives and customers, or listening in on Sonos' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sonos Inc. The Sonos consensus assessment is calculated by taking the average forecast from all of the analysts covering Sonos. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Sonos' liquidity, profitability, solvency, and operating efficiency, Sonos Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Sonos Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Sonos' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sonos' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sonos' financial leverage. It provides some insight into what part of Sonos' total assets is financed by creditors.
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Sonos Inc (SONO) is traded on NASDAQ Exchange in USA. It is located in 614 Chapala Street, Santa Barbara, CA, United States, 93103 and employs 1,867 people. Sonos is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sonos's market, we take the total number of its shares issued and multiply it by Sonos's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sonos Inc conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 123.84 M outstanding shares of which 6.42 M shares are at this time shorted by private and institutional investors with about 3.08 trading days to cover.
Sonos Inc currently holds about 439.73 M in cash with 100.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.46.
Check Sonos Probability Of Bankruptcy
Ownership AllocationSonos maintains a total of 123.84 Million outstanding shares. The majority of Sonos Inc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sonos to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sonos Inc. Please pay attention to any change in the institutional holdings of Sonos Inc as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Sonos Ownership Details
Sonos Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Sonos jumping above the current price in 90 days from now is about 80.98%. The Sonos Inc probability density function shows the probability of Sonos stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.0982. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sonos will likely underperform. Additionally, sonos Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Sonos to move above the current price in 90 days from now is about 80.98 (This Sonos Inc probability density function shows the probability of Sonos Stock to fall within a particular range of prices over 90 days) .
Sonos Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sonos that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sonos' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sonos' value.| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.4 M | |
| Franklin Resources Inc | 2023-12-31 | 2.2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.6 M | |
| American Century Companies Inc | 2023-12-31 | 1.6 M | |
| Schroder Investment Management Group | 2023-12-31 | 1.6 M | |
| Aristotle Capital Boston, Llc | 2023-12-31 | 1.5 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | |
| Northern Trust Corp | 2023-12-31 | 1.3 M | |
| Millennium Management Llc | 2023-12-31 | 1.3 M | |
| Blackrock Inc | 2023-12-31 | 20.4 M | |
| Vanguard Group Inc | 2023-12-31 | 14.1 M |
Sonos Historical Income Statement
Sonos Inc Income Statement is one of the three primary financial statements used for reporting Sonos's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sonos Inc revenue and expense. Sonos Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sonos' Net Interest Income is very stable compared to the past year. View More FundamentalsSonos Stock Against Markets
Picking the right benchmark for Sonos stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sonos stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sonos is critical whether you are bullish or bearish towards Sonos Inc at a given time. Please also check how Sonos' historical prices are related to one of the top price index indicators.
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Sonos Corporate Directors
Sonos corporate directors refer to members of a Sonos board of directors. The board of directors generally takes responsibility for the Sonos' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sonos' board members must vote for the resolution. The Sonos board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Julius Genachowski | Independent Director | Profile | |
| Karen Boone | Independent Director | Profile | |
| John Maeda | Independent Director | Profile | |
| Brittany Bagley | Independent Director | Profile |
How to buy Sonos Stock?
Before investing in Sonos, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sonos. To buy Sonos stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sonos. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sonos stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sonos Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sonos Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sonos Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sonos Stock please use our How to Invest in Sonos guide.
Already Invested in Sonos Inc?
The danger of trading Sonos Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sonos is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sonos. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sonos Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Sonos Stock analysis
When running Sonos' price analysis, check to measure Sonos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonos is operating at the current time. Most of Sonos' value examination focuses on studying past and present price action to predict the probability of Sonos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonos' price. Additionally, you may evaluate how the addition of Sonos to your portfolios can decrease your overall portfolio volatility.
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Is Sonos' industry 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 (0.02) | Revenue Per Share 12.544 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0004 |
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.