William Blair rated the Snowflake Inc. (NYSE: SNOW) stock “a Mkt perform”. William Blair’s estimates were contained in a research note released on Friday, December 18, 2020. Several other experts on Wall Street have posted such reports regarding the SNOW shares.According to Deutsche Bank, the stock is “a Hold,” and set its price target at $335. Deutsche Bank published their figures in a research note released to investors on Friday, December 11, 2020. These scores were published in a research note the firm released on Wednesday, December 02, 2020.
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Wall Street analysts tracking the Snowflake Inc. (NYSE: SNOW) stock on daily basis. Out of 21 analysts, 8 deeming the stock a Buy and 0 gave it a rating of OVERWEIGHT. Another 13 recommended that SNOW is a HOLD, while 0 rated it UNDERWEIGHT and the same number recommended SELL. If we look at the broader picture, the above ratings give the stock an average analyst rating of 2.60.
Snowflake Inc. has a market valuation of $93.89 billion and last released its earnings reports on 12/02/2020, for the quarterly period ended on 10/30/2020. The company’s revenue for the quarter stood at $159.62 billion. SNOW Company also reported its earnings per share (EPS) as -$0.28 for the quarter, which miss consensus estimates by analysts of -$0.26 by -$0.02, surprisingly -7.70% lower.
The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. Snowflake Inc. (NYSE: SNOW) share prices have decreased by -0.77% over the past week, but are up 41.07% over prices posted in the last quarter. Going further back, the stock’s price is up 27.22% in year-to-date trading.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded Snowflake Inc. (NYSE: SNOW) shares are trading at a price close to -24.70% lower than its 90-day high. On the other hand, the stock is +42.31% away from its low in the 90-day period. More broadly, SNOW’s current price is -24.70% away from 52-week high. The price is 54.90% above from its 52-week low.
A look at another ratio shows that Snowflake Inc. has a Return on Investment (ROI) of 65.90%. When profits exceed costs, then the ROI percentage will be positive, and analysts will rate such business as having a net gain. However, if the percentage index is negative, then the company’s costs basically outweigh profits.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 5.87%, and 8.83% for the month. This stock’s Average True Range (ATR) currently stands at 24.05. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.
Shares of the Snowflake Inc. (NYSE: SNOW) dropped by -$8.61 during Thursday’s regular trading session to climb to $323.04. The company had a daily trading volume of 2.19 million shares, lower than its average intra-day trading volumes of about 3.90M shares.
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