Value Investing Philosophy And Snowflake Inc (NYSE: SNOW)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Snowflake to Present at Upcoming Investor Conferences.

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Stocks Info

SNOW belongs to the Technology sector of the NYSE while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $222.90 and fluctuated between $226.29 as its day high and $218.30 as its day low. The current market capitalization of Snowflake Inc is $73.40B. A total of 6.09 million shares were traded on the day, compared to an average of 5.17M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SNOW has seen 1 BUY and 3 SELL insider trades, representing the acquisition of 13,182 and the disposition of 18,637 shares. Over the last 12 months, there were 55 BUYs and 173 SELLs from insiders. Insiders purchased 1,451,493 shares during that period but sold 1,764,359.

In the most recent transaction, Kleinerman Christian sold 10,000 shares of SNOW for 220.00 per share on Feb 05. After the transaction, the SVP, Product Management now owns 736,567 company shares. In a previous transaction on Feb 02, Degnan Christopher William sold 249 shares at 213.68 per share. SNOW shares that Chief Revenue Officer owns now total 98,172.

Among the insiders who sold shares, Degnan Christopher William disposed of 12,533 shares on Feb 01 at a per-share price of $200.04. This resulted in the Chief Revenue Officer holding 98,172 shares of SNOW after the transaction. In another insider transaction, Kleinerman Christian sold 10,000 shares at $210.00 per share on Jan 24. Company shares held by the SVP, Product Management now total 746,567.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SNOW in the last 3 months, the mean price target is $220.87 with high estimates of $600.00 and low estimates of $120.00. In terms of 52-week highs and lows, SNOW has a high of $220.67 and a low of $128.56.

As of this writing, SNOW has an earnings estimate of $0.18 per share for the current quarter. EPS was calculated based on a consensus of 34 estimates, with a high estimate of $0.27 per share and a lower estimate of $0.04. The company reported an EPS of $0.22 in the last quarter, which was 120.00% higher than expectations of $0.1.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SNOW’s latest balance sheet shows that the firm has $3.85B in Cash & Short Term Investments as of fiscal 2022. There were $206.30M in debt and $1.40B in liabilities at the time. Its Book Value Per Share was $14.98, while its Total Shareholder’s Equity was $5.05B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SNOW is Buy with a score of 4.13.

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