Sonos (SONO) earnings report: here is the scoop

6:53 am ET, 09 Sep 2018

Sonos (SONO) shares are trading at 19.08, and the company is releasing its quarterly earnings on Monday, September 10, after market close. What's driving SONO stock price? What's SONO stock price forecast, and what should investors know about the stock?

Sonos, a maker of high-end speakers had a dream IPO earlier this year. The largest company owner before the offering was a private equity firm KKR with a 26% stake. Sonos reports in three segments: wireless speakers, home theater speakers, and components. Speaker sales make a bulk of the company’s total revenue.

Some investors have voiced their concerns about the competitive home audio market. On the other hand, the bulls are confident of the company’s loyal customer base and the expanding product portfolio. A unique thing for Sonos is that its devices are compatible with Alexa voice services and the company is working to make them compatible with Google Assistant and Apple’s Siri. 

The next quarter results will be released after market close on September 10, 2018. The company had reported revenue of $992.5 million for the fiscal year ending September 2017. This year the revenue is expected to cross $1 billion.

What is the sentiment towards the SONO stock? Our technical analysis shows that: 

  • The stock short-term sentiment (next 30 days) is trending positive;
  • The mid-term sentiment (3-6 months) is neutral;
  • The long-term sentiment (9-12 months) is neutral.

Over the last month, Sonos (SONO) returned -9.4%.

Sonos (SONO) average analyst price target ($22.83) is 20.28% above its current price ($18.98).

For the latest price and information on Sonos, please visit Finstead and search for "SONO price" or "SONO news".

Sonos (SONO) Stock Guide

Updated at: 7:06 pm ET, 04 Sep 2020

Before we start: if you're looking for SONO stock price, you can quickly find it out by visiting Finny and typing "SONO quote". If you're looking for a quick scoop on SONO stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "SONO". You'll get all this info in one place. Or you can just type "SONO news" to get the latest stock news.

Looking to buy or sell Sonos (SONO)? Interested in getting the full scoop on SONO, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this SONO stock guide, we'll address key questions about SONO, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are SONO earnings?
2. When is SONO earnings date?
3. What is SONO stock forecast (i.e., prediction)?
4. SONO buy or sell? What is SONO Finny Score?
5. What are the reasons to buy SONO? Why should I buy SONO stock?
6. What are the reasons to sell SONO? Why should I sell SONO stock?
7. What are SONO key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are SONO earnings?

SONO trailing 12-month earnings per share (EPS) is -$0.63.

2. When is SONO earnings date?

SONO earnings date is November 18, 2020.

Analyst Predictions

3. What is SONO stock forecast (i.e., prediction)?

Based on SONO analyst price targets, SONO stock forecast is $15.79 (for a year from now). That means the average analyst price target for SONO stock is $15.79. The prediction is based on 6 analyst estimates.

The low price target for SONO is $10.00, while the high price target is $20.00.

SONO analyst rating is Hold.

Analysis

4. SONO buy or sell? What is SONO Finny Score?

#{finnyScore:56}Our quantitative analysis shows 5 reasons to buy and 4 reasons to sell SONO, resulting in Finny Score of 56.

5. What are the reasons to buy SONO? Why should I buy SONO stock?

Here are the reasons to buy SONO stock:

6. What are the reasons to sell SONO? Why should I sell SONO stock?

Let's look at the reasons to sell SONO stock (i.e., the bear case):

Key Stats

7. What are SONO key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for SONO:

Metrics SONO
Price $14.28
Average Price Target / Upside $16.36 / 14.61%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Consumer Electronics
Sector Technology
Number of Employees 1,352
Market Cap $1.54B
Forward P/E Ratio 115.83
Price/Book Ratio 1.2
Revenue (TTM) $1.28B
YoY Quarterly Revenue Growth -4.20%
Profit Margin -5.32%

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