Snowflake Inc (NYSE:SNOW) currently has a daily average trading volume of 6.50M but it saw 4420198 shares traded in last market. With a market cap of 55.34B USD, the company’s current market price of $167.64 came rising about 1.16 while comparing to the previous closing price of $165.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $237.72 and as low as $107.13. In the recent trading on the day, stock has struck highest price mark of $164.3912 while lowest mark touched by it was $170.66.
Taking a look at 20-day trading activity of Snowflake Inc (SNOW) gives us an average price of $162.21, while its current price level is -29.48% below from 52-week high level whereas it is 56.48% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $156.56 while that of 200 days or SMA-200 reads an average of $138.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.62% during that period while stretching the period over a month that decreases to 3.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.54 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Overweight” in its note to investors issued on January 10, 2025, recommending a price target of $190 for it. Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on January 07, 2025 while assigning a price target range of $150-$200. Wedbush also issued its recommendations for the stock as it upgraded the price target for the stock is $190.
Over the week, SNOW’s stock price is moving 4.10% up while it is -0.02% when we observe its performance for the past one month. Year-to-date it is 8.57% up and over the past year, the stock is showing a downside performance of -10.84%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0.18 while estimate for next year EPS is 0.7. In next quarter, company is expected to be making quarterly sales of $1B as analysts are expecting the sales for current fiscal year at $3.59B and seeing the company making $4.43B in sales next year. Moreover, analysts are in estimates of $955.82M for current-quarter revenue.
Currently, Snowflake Inc’s total number of outstanding shares is 330.07M with 4.58% of that held by the insiders while 61.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -20.55% and return on equity (ROE) at -28.69%. It has a 170.02 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 18.89 while price to sale or P/S ratio amounts to 16.21. Its return on asset (ROA) is -14.58% on average.
