Company Performance - Snap's stock closed at 0.04, indicating a 33.33% growth year-over-year [2] - The Zacks Consensus Estimate for revenue is projected at 0.36 and revenue of $6.01 billion, reflecting changes of +24.14% and +12.13% respectively from the previous year [3] - Recent analyst estimate revisions suggest optimism regarding Snap's business and profitability [3] Valuation Metrics - Snap's current Forward P/E ratio is 22.06, which is lower than the industry's Forward P/E of 24.57 [6] - The company has a PEG ratio of 0.72, compared to the Internet - Software industry's average PEG ratio of 1.85 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 85, placing it in the top 35% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]
Snap (SNAP) Rises Yet Lags Behind Market: Some Facts Worth Knowing