Snowflake Inc (NYSE: SNOW) has experienced a rise in its stock price by 1.60 compared to its previous closing price of 170.79. However, the company has seen a gain of 6.83% in its stock price over the last five trading days. zacks.com reported 2025-01-21 that Snowflake Inc. (SNOW) closed at $173.53 in the latest trading session, marking a +1.6% move from the prior day.
Is It Worth Investing in Snowflake Inc (NYSE: SNOW) Right Now?
The 36-month beta value for SNOW is also noteworthy at 1.06. There are mixed opinions on the stock, with 22 analysts rating it as a “buy,” 10 rating it as “overweight,” 14 rating it as “hold,” and 1 rating it as “sell.”
The public float for SNOW is 305.64M, and at present, short sellers hold a 3.34% of that float. The average trading volume of SNOW on January 22, 2025 was 6.50M shares.
SNOW’s Market Performance
The stock of Snowflake Inc (SNOW) has seen a 6.83% increase in the past week, with a 1.59% rise in the past month, and a 45.79% gain in the past quarter. The volatility ratio for the week is 3.18%, and the volatility levels for the past 30 days are at 3.37% for SNOW. The simple moving average for the past 20 days is 6.62% for SNOW’s stock, with a 25.36% simple moving average for the past 200 days.
Analysts’ Opinion of SNOW
Many brokerage firms have already submitted their reports for SNOW stocks, with Cantor Fitzgerald repeating the rating for SNOW by listing it as a “Overweight.” The predicted price for SNOW in the upcoming period, according to Cantor Fitzgerald is $201 based on the research report published on January 17, 2025 of the current year 2025.
Barclays, on the other hand, stated in their research note that they expect to see SNOW reach a price target of $190. The rating they have provided for SNOW stocks is “Overweight” according to the report published on January 10th, 2025.
Wells Fargo gave a rating of “Overweight” to SNOW, setting the target price at $200 in the report published on January 07th of the current year.
SNOW Trading at 9.25% 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 -27.00% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 3.18%, as shares surge +6.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.95% upper at present.
During the last 5 trading sessions, SNOW rose by +6.83%, which changed the moving average for the period of 200-days by +13.40% in comparison to the 20-day moving average, which settled at $162.76. In addition, Snowflake Inc saw 12.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SNOW starting from Slootman Frank, who proposed sale 72,753 shares at the price of $175.37 back on Jan 21 ’25. After this action, Slootman Frank now owns shares of Snowflake Inc, valued at $12,758,499 using the latest closing price.
Dageville Benoit, the Officer of Snowflake Inc, proposed sale 18,750 shares at $175.00 during a trade that took place back on Jan 21 ’25, which means that Dageville Benoit is holding shares at $3,281,250 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 16.91. 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
In summary, Snowflake Inc (SNOW) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
