Spotify Technology shares slid -4.6% this morning. Here's what you need to know about the Large-CapBroadcasting company:
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Spotify Technology has logged a 109.8% 52 week change, compared to 20.1% for the S&P 500
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SPOT has an average analyst rating of buy and is -3.77% away from its mean target price of $286.65 per share
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Its trailing earnings per share (EPS) is $-2.92, which brings its trailing Price to Earnings (P/E) ratio to -94.5. The Consumer Discretionary sector's average P/E ratio is 22.96
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The company's forward earnings per share (EPS) is $5.71 and its forward P/E ratio is 48.3
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The company has a Price to Book (P/B) ratio of 21.55 in contrast to the Consumer Discretionary sector's average P/B ratio is 4.24
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The current ratio is currently 1.3, which consists in its liquid assets divided by any liabilities due within in the next 12 months
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The company's free cash flow for the last fiscal year was $680.0 Million and the average free cash flow growth rate is 8.2%
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Spotify Technology's revenues have an average growth rate of 17.1% with operating expenses growing at 12.9%. The company's current operating margins stand at -3.4%