|Bid||36.56 x 1200|
|Ask||36.56 x 1200|
|Day's range||36.51 - 37.32|
|52-week range||13.75 - 44.72|
|Beta (5Y monthly)||1.91|
|PE ratio (TTM)||26.07|
|Earnings date||16 Nov 2021 - 22 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||46.29|
Inside the top-ranked stocks that can beat earnings estimates in their next releases.
Brent Thill at Jefferies put out a bullish note on Tuesday, framing the 6% to 13% pricing increase for Sonos' speaker systems and related audio gear into financial perspective. With the updated pricing, Thill thinks the $1.86 billion consensus revenue forecast for the new fiscal year that kicks off in two weeks -- translating into 8.5% top-line growth -- is too conservative. Given the "beat and raise" knack that Sonos has feasted on lately, that was probably going to be the case even if it didn't come firing with a pricing gun this week.
Sonos (SONO) unveils Dolby Atmos-powered Beam (Gen 2) soundbar to enhance the overall listening experience. It is slated for launch in October 2021.