Snowflake Inc (NYSE: SNOW)’s stock price has gone rise by 0.52 in comparison to its previous close of 167.67, however, the company has experienced a -6.75% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-12-16 that Snowflake achieved 29% YoY product revenue growth in Q3 FY2025, raising FY2025 guidance to $3.43 billion. New product launches like Cortex and Snowpark, combined with engineering upgrades, drove adoption and $200M in incremental revenue. Added 18 Global 2000 clients in Q3, with RPO reaching $5.7 billion, up 55% YoY.
Is It Worth Investing in Snowflake Inc (NYSE: SNOW) Right Now?
The stock has a 36-month beta value of 1.03. Opinions on the stock are mixed, with 22 analysts rating it as a “buy,” 9 as “overweight,” 13 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SNOW is 304.95M, and at present, short sellers hold a 4.47% of that float. On December 16, 2024, the average trading volume of SNOW was 7.41M shares.
SNOW’s Market Performance
SNOW’s stock has seen a -6.75% decrease for the week, with a 30.39% rise in the past month and a 50.99% gain in the past quarter. The volatility ratio for the week is 3.81%, and the volatility levels for the past 30 days are at 3.94% for Snowflake Inc The simple moving average for the past 20 days is 0.66% for SNOW’s stock, with a 21.96% simple moving average for the past 200 days.
Analysts’ Opinion of SNOW
Many brokerage firms have already submitted their reports for SNOW stocks, with Wedbush repeating the rating for SNOW by listing it as a “Outperform.” The predicted price for SNOW in the upcoming period, according to Wedbush is $190 based on the research report published on November 25, 2024 of the current year 2024.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see SNOW reach a price target of $188, previously predicting the price at $140. The rating they have provided for SNOW stocks is “Buy” according to the report published on November 21st, 2024.
Monness Crespi & Hardt gave a rating of “Buy” to SNOW, setting the target price at $140 in the report published on November 06th of the current year.
SNOW Trading at 21.39% from the 50-Day Moving Average
After a stumble in the market that brought SNOW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.10% of loss for the given period.
Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 3.81%, as shares surge +34.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.50% upper at present.
During the last 5 trading sessions, SNOW fell by -6.39%, which changed the moving average for the period of 200-days by -9.38% in comparison to the 20-day moving average, which settled at $167.48. In addition, Snowflake Inc saw -15.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SNOW starting from Dageville Benoit, who sale 6,250 shares at the price of $169.60 back on Dec 12 ’24. After this action, Dageville Benoit now owns 52,142 shares of Snowflake Inc, valued at $1,060,000 using the latest closing price.
Dageville Benoit, the Officer of Snowflake Inc, proposed sale 6,250 shares at $169.60 during a trade that took place back on Dec 12 ’24, which means that Dageville Benoit is holding shares at $1,060,000 based on the most recent closing price.
Stock Fundamentals for SNOW
Current profitability levels for the company are sitting at:
- -0.39 for the present operating margin
- 0.67 for the gross margin
The net margin for Snowflake Inc stands at -0.33. The total capital return value is set at -0.24. Equity return is now at value -28.69, with -14.58 for asset returns.
Based on Snowflake Inc (SNOW), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 1951.87.
Currently, EBITDA for the company is -974.87 million with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 16.36. The receivables turnover for the company is 5.73for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
To sum up, Snowflake Inc (SNOW) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
