Long-Term Potential Remains Strong With Snap Inc. (SNAP)

Andersen Derek, Chief Financial Officer, subtracted 3,243 shares of Snap Inc. (SNAP) from its portfolio at the rate of $14.59 per share valuing $47,315 on Nov 19. The insider left behind 1,371,254 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $15.21, with a 2nd Resistance Point sitting at $15.51. Meanwhile, this company’s stock has a 1st Support Level at $14.39 and a 2nd Support Level at $13.87. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Snap Inc. (SNAP) was $14.92. Snap Inc. (SNAP) stock has lost -$0.58, or -3.49%, in the past five days. In the last full month, these shares have lost -$0.26, or -1.71%. In the past three months, this stock’s price has fallen by -$1.01, or -6.34%. This year-to-date, Snap Inc. (SNAP) shares have gained $9.41, or 170.78%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Snap Inc. (SNAP) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”

With 1,399,969 K shares outstanding, this company currently has a market capitalization of $20,439,548K. Snap Inc. (SNAP) generates $1,180 M in annual sales, amounting to annual net income of -$1,255,910 K. This stock has generated a 1-Year Total Return of 134.59%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 09/19, Snap Inc. (SNAP) reported earnings of -$0.16 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.18 per share, representing a 0.02 difference and 11.11% surprise. In the previous quarter ending in 06/19, the reported earnings of -$0.19 represented a 0.02 difference from the consensus estimate calling for -$0.21 per share, which was a 9.52% surprise.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is -$0.11 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was -$0.08 and the low estimate was -$0.17. In the year-ago quarter, Snap Inc. (SNAP) generated per-share earnings of -$0.14. If the analysts are correct about the current quarter’s earnings, the growth will be +21.43%.

Turning our focus now to insider trading activity, there have been 2 purchases (973,913 shares in total) and 30 sale (2,751,300 shares in total) in the last 3 months. In the last 6 months, there have been 10 insider buys amounting to 2,506,967 shares and 80 insider sales amounting to 9,472,692 shares. In the past full year, 20 insider purchases were made (involving 7,987,675 shares) and 143 insider sell-offs equivalent to 24,748,066 shares.

Moving onto liquidity, Snap Inc. (SNAP) has a Current Ratio of 5.73 and a Cash Ratio of 4.37. Looking at this company’s capital structure, its Total Debt to Total Equity is 0.73, its Total Debt to Total Capital is 0.72, and its Total Debt to Total Assets is now 0.62. Looking even further ahead into the future, its Long-Term Debt to Equity is -317.26 and its Long-Term Debt to Total Capital is 0.73.