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 $171.22.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide.
Potential Spotify Technology Investors Should Analyze the Following:
Spotify Technology has moved 75.0% over the last year.
The company has a price to earnings growth (PEG) ratio of 0.26. A number between 0 and 1 could mean that the market is undervaluing Spotify Technology's estimated growth potential
Its Price to Book (P/B) ratio is 15.13
Understanding Spotify Technology's Operating Margins
|Date Reported||Total Revenue ($ k)||Operating Expenses ($ k)||Operating Margins (%)||YoY Growth (%)|
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.