This industry currently has a Zacks Industry Rank of 108, which puts it in the top 43% of all 250+ industries. The Internet - Software industry is part of the Computer and Technology sector. Internet - Software stocks are, on average, holding a PEG ratio of 1.65 based on yesterday's closing prices. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. We can also see that SNAP currently has a PEG ratio of 17.19.

Its industry sports an average Forward P/E of 39.79, so we one might conclude that Snap is trading at a premium comparatively. Snap is holding a Zacks Rank of #3 (Hold) right now.ĭigging into valuation, Snap currently has a Forward P/E ratio of 237.23. Within the past 30 days, our consensus EPS projection has moved 0.33% higher. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank.

With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for Snap. These totals would mark changes of -76.47% and -2.03%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.04 per share and revenue of $4.51 billion. Our most recent consensus estimate is calling for quarterly revenue of $1.05 billion, down 5.79% from the year-ago period. This would mark a year-over-year decline of 150%. In that report, analysts expect Snap to post earnings of -$0.05 per share. Snap will be looking to display strength as it nears its next earnings release.

Snap inc stock