We're taking a closer look at Spotify Technology today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -2.7% compared to 0.2% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide.
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Spotify Technology has moved -70.8% over the last year compared to -16.7% for the S&P 500 -- a difference of -54.1%
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SPOT has an average analyst rating of buy and is -31.72% away from its mean target price of $120.27 per share
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Its trailing 12 month earnings per share (Eps) is $-0.59
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Spotify Technology has a trailing 12 month Price to Earnings (P/E) ratio of -138.5 while the S&P 500 average is 15.97
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Its forward earnings per share (Eps) is $-0.59 and its forward P/E ratio is -87.4
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SPOT has a Price to Earnings Growth (PEG) ratio of -0.27, which shows the company is very undervalued compared to its earnings growth estimates.
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The company has a Price to Book (P/B) ratio of 6.9 in contrast to the S&P 500's average ratio of 2.95
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Spotify Technology is part of the Communication Services sector, which has an average P/E ratio of 18.65 and an average P/B of 2.62
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Spotify Technology has on average reported free cash flows of $278,500,000.00 over the last four years, during which time they have grown by an an average of 31.3%
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SPOT's gross profit margins have averaged 25.9 % over the last four years, during which time they had a growth rate of 1.4 % and a coefficient of variability of 2.4 %.
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