Snowflake Inc (NYSE:SNOW) price is hovering lower on Monday, April 15, dropping -3.24% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $158.56. Taking into account the 52-week price action we note that the stock hit a 52-week high of $237.72 and 52-week low of $135.26. The stock subtracted -3.45% on its value in the past month.
Snowflake Inc, which has a market valuation of $51.28 billion. Analysts tracking SNOW have forecast the quarterly EPS to grow by 0.18 per share this quarter, while the same analysts predict the annual EPS to hit $0.97 for the year 2024 and up to $1.4 for 2026. In this case, analysts estimate an annual EPS growth of -1.00% for the year and 44.30% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $785.86 million, with the likely lows of $771.4 million and highs of $805.43 million. Staying with the analyst view, there is a consensus estimate of $3.43 billion for the company’s annual revenue in 2025. Per this projection, the revenue is forecast to grow 22.10% above that which the company brought in 2025.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give SNOW a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that SNOW’s price is at present -2.44% off the SMA20 and -17.30% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.16, with weekly volatility standing at 2.39%. The indicator jumps to 2.69% when calculated based on the past 30 days. Snowflake Inc (NYSE:SNOW)’s beta value is holding at 0.90, while the average true range (ATR) indicator is currently reading 5.56.
An analysis of the Snowflake Inc (NYSE:SNOW) stock in terms of its daily trading volume indicates that the 3-month average is 7.13 million.
Current records show that the company has 334.45M in outstanding shares. The insiders’ percentage holdings are 7.86% of outstanding shares while the percentage share held by institutions stands at 62.09%. But the -22.90% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
