Company Performance - Snap's stock closed at $9.12, reflecting a -2.15% change from the previous day, underperforming the S&P 500's 0.61% gain [1] - Over the past month, Snap's shares increased by 9.78%, outperforming the Computer and Technology sector's 5.6% gain and the S&P 500's 3.85% gain [1] Upcoming Earnings - Snap is expected to report an EPS of $0, indicating a 100% decrease from the same quarter last year [2] - Revenue is forecasted to be $1.34 billion, representing a 7.96% growth compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $0.25 per share, a -13.79% change from the previous year, while revenue is estimated at $5.82 billion, showing an +8.59% increase [3] Analyst Estimates - Recent changes in analyst estimates for Snap suggest a positive outlook on business operations and profit generation [4] - The Zacks Rank system indicates that upward revisions in estimates correlate with stock price performance [5] Valuation Metrics - Snap's Forward P/E ratio is 38.04, which is higher than the industry average of 28.96 [7] - The PEG ratio for Snap is 1.08, compared to the industry average of 2.22, indicating a more favorable growth expectation relative to its price [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [8]
Snap (SNAP) Stock Dips While Market Gains: Key Facts