Snap One (SNPO) to Release Earnings on Tuesday

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

Snap One (NASDAQ:SNPO) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. The firm had revenue of $264.39 million during the quarter, compared to analyst estimates 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 Stock Up 0.1 %

NASDAQ:SNPO opened at $10.60 on Monday. The company has a current ratio of 2.40, a quick ratio of 0.79 and a debt-to-equity ratio of 0.65. Snap One has a twelve month low of $6.70 and a twelve month high of $12.06. The company has a market cap of $811.32 million, a PE ratio of -37.86 and a beta of 1.11. The company’s 50 day moving average is $9.03 and its two-hundred day moving average is $8.48.

Wall Street Analyst Weigh In

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

About Snap One

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.