Sonos Stock Quote Today

SONO
 Stock
  

USD 17.92  0.12  0.67%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
Sonos is selling for 17.92 as of the 4th of July 2022. This is a -0.67 percent decrease since the beginning of the trading day. The stock's open price was 18.04. Sonos has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 4th of June 2022 and ending today, the 4th of July 2022. Click here to learn more.
CUSIP
83570H108
Fiscal Year End
September
Business Domain
Consumer Durables & Apparel
IPO Date
2nd of August 2018
Category
Technology
Classification
Consumer Discretionary
ISIN
US83570H1086
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 127.13 M outstanding shares of which 15 M shares are at this time shorted by private and institutional investors with about 3.81 trading days to cover. More on Sonos Inc

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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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Sonos Inc generated a negative expected return over the last 90 days
Sonos Inc has high historical volatility and very poor performance
Sonos Inc is unlikely to experience financial distress in the next 2 years
Sonos Inc has a poor financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Exercise or conversion by Matthew Siegel of 40312 shares of Sonos subject to Rule 16b-3
CEOJohn MacFarlane
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Sonos Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Sonos Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares63.5 M56.3 M
Moderately Up
Increasing
Slightly volatile
Weighted Average Shares Diluted64.6 M56.3 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations76.5 M64 M
Fairly Up
Increasing
Slightly volatile
Total Assets490 M400 M
Fairly Up
Increasing
Slightly volatile
Total Liabilities336.6 M309.7 M
Significantly Up
Increasing
Slightly volatile
Current Assets388.8 M301.5 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities253.8 M223.3 M
Fairly Up
Increasing
Slightly volatile
Total Debt92.4 M91.7 M
Slightly Up
Increasing
Slightly volatile
Return on Average Assets(4.3)(4.1883)
Fairly Down
Decreasing
Slightly volatile
Gross Margin49.9245.9499
Significantly Up
Increasing
Slightly volatile
Asset Turnover2.762.932
Notably Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Sonos' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Sonos' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Sonos deploys its capital and how much of that capital is borrowed.
Liquidity
Sonos cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 44.08 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Sonos Inc has a current ratio of 1.9, which is within standard range for the sector. Debt can assist Sonos until it has trouble settling it off, either with new capital or with free cash flow. So, Sonos' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sonos Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sonos to invest in growth at high rates of return. When we think about Sonos' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

76.51 MillionShare
Sonos Inc (SONO) is traded on NASDAQ Exchange in USA and employs 1,525 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.28 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 these looking for more risk prefer small-cap and mid-cap equities. Sonos Inc conducts business under Technology sector and is part of Consumer Electronics industry. The entity has 127.13 M outstanding shares of which 15 M shares are at this time shorted by private and institutional investors with about 3.81 trading days to cover. Sonos Inc currently holds about 754.42 M in cash with 218.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91.
Check Sonos Probability Of Bankruptcy
Ownership
Sonos Inc shows a total of one hundred twenty-seven million one hundred thirty thousand 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 about to change at the company. Also note that roughly one million two hundred seventy-one thousand three hundred invesors are currently shorting Sonos expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Sonos Ownership Details

Sonos Stock Price Odds Analysis

What are Sonos' target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Sonos jumping above the current price in 90 days from now is more than 94.0%. 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 1.5733. 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, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Sonos Inc is significantly underperforming DOW.
  Odds Below 17.92HorizonTargetOdds Above 17.92
6.14%90 days
 17.92 
93.83%
Based on a normal probability distribution, the odds of Sonos to move above the current price in 90 days from now is more than 94.0 (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.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares22.4 M631.1 M
Vanguard Group IncCommon Shares13.6 M383.9 M
View Sonos Diagnostics

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.
Sonos Consolidated Income is quite stable at the moment as compared to the past year. The company's current value of Consolidated Income is estimated at 1.3 Million. Earning Before Interest and Taxes EBIT is expected to rise to about 11.5 M this year, although the value of Cost of Revenue will most likely fall to about 67.4 M. View More Fundamentals

Sonos 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sonos without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

View fundamental data based on most recent published financial statements
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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 DirectorProfile
John Maeda - Independent DirectorProfile
Brittany Bagley - Independent DirectorProfile
Thomas Conrad - Independent DirectorProfile

Investing Sonos Inc

You need to understand the risk of investing before taking a position in Sonos. 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 Shape 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.
Additionally, take a look at World Market Map. Note that the Sonos Inc information on this page should be used as a complementary analysis to other Sonos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Sonos Stock analysis

When running Sonos Inc 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 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 YOY
-0.5
Market Capitalization
2.3 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
0.0847
Return On Equity
0.23
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 Sonos value 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.