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Dynamic quotes 
OFFON

SONOS, INC.

(SONO)
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Sonos, Inc. : Underpinned by a support level

10/06/2021 | 11:16am EST
long trade
Stop-loss triggered
Entry price : 31.76$ | Target : 36$ | Stop-loss : 30$ | Potential : 13.35%
The selling pressure regarding Sonos, Inc. shares could subside shortly. In fact, the support area that is currently being tested around 31.49 USD has come into play and could, at least in the short term, keep the downside pressure at bay.
Investors have an opportunity to buy the stock and target the $ 36.
Sonos, Inc. : Sonos, Inc. : Underpinned by a support level
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Sales forecast by analysts have been recently revised upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • Analyst opinion has improved significantly over the past four months.
  • Over the past twelve months, analysts' opinions have been strongly revised upwards.
  • The group usually releases upbeat results with huge surprise rates.

Weaknesses
  • The company benefits from high valuations in earnings multiples.
  • In relation to the value of its tangible assets, the company's valuation appears relatively high.

ę MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2022 1 947 M - -
Net income 2022 184 M - -
Net cash 2022 814 M - -
P/E ratio 2022 22,3x
Yield 2022 -
Capitalization 3 785 M 3 785 M -
EV / Sales 2022 1,53x
EV / Sales 2023 1,24x
Nbr of Employees 1 525
Free-Float 97,4%
Upcoming event on SONOS, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 29,77 $
Average target price 46,00 $
Spread / Average Target 54,5%
EPS Revisions
Managers and Directors
Patrick Spence President, Chief Executive Officer & Director
Brittany Bagley Chief Financial Officer
Michelangelo A. Volpi Chairman
Maxime Bouvat-Merlin Senior VP-Hardware & Operations
Julius Genachowski Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SONOS, INC.34.42%3 865
SONY GROUP CORPORATION33.01%151 512
PANASONIC CORPORATION4.33%25 892
LG ELECTRONICS INC.-8.15%17 672
LARGAN PRECISION CO.,LTD-36.46%9 608
SHARP CORPORATION-17.97%6 871