Large-cap Communication Services company Snap has logged a -4.3% change today on a trading volume of 15,746,120. The average volume for the stock is 41,721,837.
Snap Inc. operates as a camera company in North America, Europe, and internationally. Based in Santa Monica, United States the company has 5,661 full time employees and a market cap of $15,130,878,976.
The company is now trading -19.14% away from its average analyst target price of $11.6 per share. The 34 analysts following the stock have set target prices ranging from $7 to $42, and on average give Snap a rating of hold.
Over the last year, SNAP shares have gone down by -72.5%, which represents a difference of -59.9% when compared to the S&P 500. The stock's 52 week high is $41.97 per share and its 52 week low is $7.33. Despite Snap's average gross margin growth of 9.7% and its growing revenues, the company is still not profitable. This does not bode well for its share price.
| 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|
| Revenue (MM) | $1,716 | $2,507 | $4,117 |
| Revenue Growth | n/a | 46.11% | 64.25% |
| Gross Margins | 47.8% | 52.8% | 57.5% |
| Gross Margins Growth | n/a | 10.46% | 8.9% |
| Operating Margins | -64.3% | -34.4% | -17.0% |
| Operating Margins Growth | n/a | 46.5% | 50.58% |
| Earnings Per Share | -$0.75 | -$0.65 | -$0.31 |
| EPS Growth | n/a | 13.33% | 52.31% |
| Free Cash Flow (MM) | -$341 | -$225 | $223 |
| FCF Growth | n/a | 33.96% | 198.9% |
| Capital Expenditures (MM) | -$36 | -$58 | -$70 |
| LT Debt to Equity | 0.39 | 0.72 | 0.59 |
