What Sonos (SONO) Investors Need to Know

Mid-cap manufacturing company Sonos has moved 16.97% this afternoon, reaching $17.86 per share. In contrast, the average analyst target price for the stock is $22.71.

Sonos, Inc. designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and Asia Pacific. Before considering an investment in this US mid-cap stock, make sure to consider the following:

  • Based on its trailing earning per share of 0.48, Sonos has a trailing 12 month Price to Earnings (P/E) ratio of 37.21

  • SONO has a forward P/E ratio of 37.31.

  • Its Price to Book (P/B) ratio is 4.021

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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