Shares of Large-cap consumer discretionary company Spotify Technology moved 3.3 this afternoon, and are now trading at $159.59 per share. On the other hand, the average analyst target price for the stock is $171.22.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide.
Potential Spotify Technology Investors Should Analyze the Following:
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Spotify Technology has moved 75.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 0.26. A number between 0 and 1 could mean that the market is undervaluing Spotify Technology's estimated growth potential
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Its Price to Book (P/B) ratio is 15.13
Understanding Spotify Technology's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-02 | 11,727,000 | -3,585,000 | -6 | -700.0 |
| 2022-02-03 | 9,668,000 | -2,497,000 | 1 | 125.0 |
| 2021-02-05 | 7,880,000 | -2,308,000 | -4 | -300.0 |
| 2020-02-12 | 6,764,000 | -1,795,000 | -1 | 0.0 |
| 2019-02-12 | 5,259,000 | -1,396,000 | -1 |
Averaging out to -2.2% over the last 5 years, Spotify Technology's operating margins also have a high coefficient of variability, which stands at 126.1%. The firm's margins are declining at a -41.2% compounded yearly rate.
