Snap One (SNPO) Scheduled to Post Earnings on Tuesday

Snap One (NASDAQ:SNPO) will announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Snap One has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Snap One (NASDAQ:SNPO) last announced its earnings results on Thursday, March 7th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $264.39 million during the quarter, compared to analysts’ expectations of $267.62 million. Snap One had a negative net margin of 2.01% and a positive return on equity of 2.77%. On average, analysts expect Snap One to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Snap One Trading Up 0.1 %

Shares of Snap One stock opened at $10.60 on Monday. Snap One has a 1-year low of $6.70 and a 1-year high of $12.06. The company’s fifty day simple moving average is $9.03 and its 200-day simple moving average is $8.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.40 and a quick ratio of 0.79. The stock has a market capitalization of $811.32 million, a PE ratio of -37.86 and a beta of 1.11.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $10.75 target price (down from $11.00) on shares of Snap One in a research report on Tuesday, April 16th. Truist Financial reaffirmed a “hold” rating and set a $10.75 price objective (down from $12.00) on shares of Snap One in a research report on Tuesday, April 16th. William Blair lowered shares of Snap One from an “outperform” rating to a “market perform” rating in a report on Monday, April 15th. UBS Group lowered their price target on shares of Snap One from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, February 27th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $10.75 price target (up from $10.00) on shares of Snap One in a research report on Tuesday, April 16th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Snap One currently has a consensus rating of “Hold” and a consensus price target of $11.05.

Snap One Company Profile

Snap One Holdings Corp. provides smart-living solutions in the United States and internationally. The company offers end-to-end product and software ecosystem and technology-enabled workflow solutions. It also provides connected products, including networking, control and lighting, surveillance, and power products; entertainment products for indoor and outdoor solutions, such as media distribution products, as well as audio and video products; and infrastructure products, which include structured wiring and cable products, racks, and mounts.