Quick Overview of Snowflake

By Chris Stiles • Monday, September 18 12:05 • Permanent Link

More and more people are talking about Snowflake over the last few weeks. Is it worth buying the Software stock at a price of $161.69? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Snowflake has moved -14.0% over the last year, and the S&P 500 logged a change of 15.0%
SNOW has an average analyst rating of buy and is -18.5% away from its mean target price of $198.39 per share
Its trailing earnings per share (EPS) is $-2.65
Snowflake has a trailing 12 month Price to Earnings (P/E) ratio of -61.0 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $1.04 and its forward P/E ratio is 155.5
The company has a Price to Book (P/B) ratio of 10.06 in contrast to the S&P 500's average ratio of 2.95
Snowflake is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
The company has a free cash flow of $897.16 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.

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.