| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
In the preceding three months, 4 analysts have released ratings for Sonos (NASDAQ:SONO), presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $24.25, with a high estimate of $25.00 and a low estimate of $24.00. This upward trend is evident, with the current average reflecting a 21.25% increase from the previous average price target of $20.00.
An in-depth analysis of recent analyst actions unveils how financial experts perceive Sonos. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steve Frankel | Rosenblatt | Maintains | Buy | $24.00 | - |
| Steve Frankel | Rosenblatt | Maintains | Buy | $24.00 | - |
| Erik Woodring | Morgan Stanley | Raises | Overweight | $25.00 | $20.00 |
| Steve Frankel | Rosenblatt | Raises | Buy | $24.00 | $20.00 |
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sonos's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Sonos analyst ratings.
Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: Sonos's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -8.88%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 13.21%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sonos's ROE stands out, surpassing industry averages. With an impressive ROE of 14.54%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Sonos's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.66% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Sonos's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.1.
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: SONO
