Why is Sonos stock falling?
The Company says that growth was strained by supply chain constraints coming from COVID lockdowns in China. Consumer demand remains strong as evidenced by the backlog for 2022, which should clear up as lockdowns get released. Higher component and logistics costs unscored the inflationary pressures in the quarter.
Is Sonos stock a good buy?
Currently, Sonos Inc's price-earnings ratio is 21.1. Sonos Inc's trailing 12-month revenue is $1.8 billion with a 7.8% profit margin. Year-over-year quarterly sales growth most recently was 20.1%. Analysts expect adjusted earnings to reach $1.144 per share for the current fiscal year.
Is Sonos stock undervalued?
Is Sonos overvalued? According to Wall Street analysts Sonos's price is currently Undervalued.
Will SONO stock go up?
Stock Price Forecast The 6 analysts offering 12-month price forecasts for Sonos Inc have a median target of 34.50, with a high estimate of 40.00 and a low estimate of 24.00. The median estimate represents a +57.10% increase from the last price of 21.96.
Is Sonos stock a buy or sell?
Sonos has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Who is Sonos owned by?
The story of Sonos might seem like that, from a distance. Its four founders - John MacFarlane, Tom Cullen, Trung Mai, and Craig Shelburne - conjured a daring vision based on technology that didn't exist at the time.
Is SONO overvalued?
Price to Book Ratio PB vs Industry: SONO is overvalued based on its Price-To-Book Ratio (4.2x) compared to the US Consumer Durables industry average (1.3x).