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SONO

16.94USD-0.35(-2.02%)Delayedas of 29 Nov 2022, 12:08 pm

Sonos Inc

Market Summary

USD16.94-0.35Delayedas of 29 Nov 2022, 12:08 pm
-2.02%

SONO Alerts

SONO Stock Price

RSI Chart

Valuation

Market Cap

2.0B

Price/Earnings

16.57

Price/Sales

1.13

Price/Cashflow

24.76

MarketCap/EBT

16.61

Price/Sales

Profitability

EBT Margin

6.82%

Return on Equity

19.09%

Return on Assets

9.87%

Fundamentals

Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

-12.03%

Revenue Q/Q

-14.93%

Earnings

Earnings (TTM)

67.4M

Earnings Y/Y

-632.7%

Earnings Q/Q

-10.6K%

Price Action

52 Week Range

13.6533.03
(Low)(High)

Last 7 days

0.9%

Last 30 days

8.2%

Last 90 days

13.8%

Trailing 12 Months

-46.4%

Financial Health

Current Ratio

1.83

Investor Care

Buy Backs (1Y)

0.35%

Diluted EPS (TTM)

0.43

Peers (Alternatives to Sonos)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
27.1B
33.5B
6.84% -14.70%
4.87
0.85
20.54% 40.27%
17.0B
4.9B
1.33% -34.78%
17.6
3.44
0.06% -14.44%
MID-CAP
9.3B
15.4B
8.65% -14.26%
3.89
0.61
20.81% 39.34%
7.6B
20.6B
4.01% -33.66%
19.9
0.37
-6.15% -80.70%
6.9B
11.8B
3.06% -43.18%
37.9
0.58
6.91% -83.44%
6.2B
10.0B
-12.82% -39.75%
11.02
0.62
-4.72% -6.30%
5.5B
4.8B
-12.96% -46.69%
12.63
1.25
52.90% 55.02%
2.3B
2.2B
-1.45% -61.70%
11.9
1.04
-1.31% -23.64%
2.0B
1.8B
8.20% -46.39%
16.57
1.13
2.07% -57.51%
SMALL-CAP
1.5B
1.3B
-8.00% -34.97%
-31.88
1.06
-22.57% -410.63%
258.5M
564.9M
8.57% -40.95%
-35.87
0.45
-7.83% -95.87%
129.2M
248.7M
17.39% -66.34%
-7.54
0.46
-36.20% -207.76%
62.3M
16.6M
-6.19% -55.92%
5.51
3.76
-11.26% 4132.05%
12.2M
7.7M
-3.43% -43.28%
-3.22
1.69
-1.57% 3.86%

Financials for Sonos

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-2.4%1,7521,7961,8021,7361,717
Gross Profit-5.1%796839841828810
Operating Expenses0.8%707701693678655
  S&GA Expenses-0.2%280281284281272
  R&D Expenses0.6%256255248239230
Earnings Before Taxes-43.9%69122144147157
Net Income-45.1%67123141150159
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-4.4%1,1881,2431,2261,3731,139
  Current Assets-6.1%8679231,0111,160958
    Cash Equivalents-37.5%275440607754640
  Inventory35.3%454336264205185
  Net PPE13.6%8676726971
  Goodwill-3.2%7780383816
Liabilities4.6%628600555693570
  Current Liabilities6.0%536505464599476
    LT Debt, Non Current------
Shareholder's Equity-12.8%561643672680569
  Retained Earnings-104.1%-2.51626254-69.90
  Additional Paid-In Capital-4.9%617649648683690
Accumulated Depreciation-160----
Shares Outstanding-0.2%128128128127-
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-134.4%-28.2682160219253
  Share Based Compensation3.9%7673706562
Cashflow From Investing-6.5%-172.63-162.10-68.37-67.65-45.53
Cashflow From Financing-8.0%-150.26-139.14-118.45-70.3625
  Buy Backs-51.2%4081868950

Risks

What is the probability of a big loss on SONO?

91.2%


Probability that Sonos stock will be more than 20% underwater in next one year

71.5%


Probability that Sonos stock will be more than 30% underwater in next one year.

62.7%


Probability that Sonos stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SONO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Sonos was unfortunately bought at previous high price.

Returns

Cumulative Returns on SONO

7.7%


3-Year Cumulative Returns

Which funds bought or sold SONO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Aurora Investment Counsel
REDUCED
-48.56
-2,045,000
922,000
0.70%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-79.85
-6,342
1,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
546,000
546,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
-10,000
31,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-726,000
2,230,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
40.5
93,000
1,230,000
0.01%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-22,000
-
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
36.03
85,980
1,871,960
-%
2022-11-15
State of Tennessee, Treasury Department
UNCHANGED
-
-
1,339,000
0.01%
2022-11-15
NOMURA HOLDINGS INC
SOLD OFF
-100
-2,314,000
-
-%

1–10 of 43

Latest Funds Activity

Are funds buying SONO calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SONO

Sonos News

Marketscreener.com

Sonos Reports Progress Made Against Climate Action Plan, Restates Commitment to Product Longevity and Sustainability.9 hours ago

SONO Fair Value

Sonos fair value in different scenarios

The table shows the Fair Value estimates for Sonos for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

11.40

-32.70%

14.64

-13.58%

24.44

44.27%

31.32

84.89%

41.10

142.62%

Current Inflation

10.63

-37.25%

13.42

-20.78%

21.78

28.57%

27.68

63.40%

36.01

112.57%

Very High Inflation

9.66

-42.98%

11.93

-29.57%

18.63

9.98%

23.41

38.19%

30.09

77.63%

Historical Sonos Fair Value Estimates


Recent SEC filings of Sonos

View All Filings
Date Filed Form Type Document
Nov 23, 2022
10-K
Annual Report
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 16, 2022
8-K
Current Report
Nov 09, 2022
4
Insider Trading
Sep 12, 2022
8-K
Current Report
Sep 06, 2022
3
Insider Trading

Latest Insider Trading transactions for SONO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Mason Christopher Scott
ACQUIRED
-
-
7,282
Principal Accounting Officer
2022-11-15
Siegel Matthew O.
ACQUIRED
-
-
30,377
Chief Commercial Officer
2022-11-15
Lazarus Edward P
SOLD FOR TAXES
-166,110
17.8
-9,332
CFO & CLO
2022-11-15
Mason Christopher Scott
SOLD FOR TAXES
-31,630.6
17.8
-1,777
Principal Accounting Officer
2022-11-15
Spence Patrick
SOLD FOR TAXES
-2,648,270
17.8
-148,779
Chief Executive Officer
2022-11-15
Siegel Matthew O.
SOLD FOR TAXES
-235,779
17.8
-13,246
Chief Commercial Officer
2022-11-15
Spence Patrick
ACQUIRED
-
-
49,811
Chief Executive Officer
2022-11-15
Lazarus Edward P
ACQUIRED
-
-
18,816
CFO & CLO
2022-11-15
Millington Nicholas
SOLD FOR TAXES
-303,632
17.8
-17,058
Chief Innovation Officer
2022-11-15
Millington Nicholas
ACQUIRED
-
-
34,401
Chief Innovation Officer

1–10 of 50

Patrick Spence
1520
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.

SONO Income Statement

2022-10-01
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 03, 2020
Income Statement [Abstract]   
Revenue$ 1,752,336$ 1,716,744$ 1,326,328
Cost of revenue955,969906,750754,372
Gross profit796,367809,994571,956
Operating expenses   
Research and development256,073230,078214,672
Sales and marketing280,333272,124263,539
General and administrative170,429152,828120,978
Total operating expenses706,835655,030599,189
Operating income (loss)89,532154,964(27,233)
Other income (expense), net   
Interest income1,6551461,998
Interest expense(552)(592)(1,487)
Other income (expense), net(21,905)2,4076,639
Total other income (expense), net(20,802)1,9617,150
Income (loss) before provision for (benefit from) income taxes68,730156,925(20,083)
Provision for (benefit from) income taxes1,347(1,670)32
Net income (loss)67,383158,595(20,115)
Earnings Per Share [Abstract]   
Basic and diluted$ 67,383$ 158,595$ (20,115)
Basic (in USD per share)$ 0.53$ 1.30$ (0.18)
Diluted (in USD per share)$ 0.49$ 1.13$ (0.18)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders:   
Basic127,691,030122,245,212109,807,154
Diluted137,762,078140,309,152109,807,154
Total comprehensive income (loss)   
Net income (loss)$ 67,383$ 158,595$ (20,115)
Change in foreign currency translation adjustment(2,221)514(1,826)
Comprehensive income (loss)$ 65,162$ 159,109$ (21,941)

SONO Balance Sheet

2022-10-01
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2022
Oct. 02, 2021
Current assets:  
Cash and cash equivalents$ 274,855$ 640,101
Accounts receivable, net of allowances of $26,317 and $20,707 as of October 1, 2022, and October 2, 2021101,206100,779
Inventories454,288185,130
Prepaid and other current assets37,04231,504
Total current assets867,391957,514
Property and equipment, net86,16871,341
Operating lease right-of-use assets28,32933,841
Goodwill77,30015,545
Intangible assets, net:  
In-process research and development64,68020,100
Other intangible assets26,3844,350
Deferred tax assets1,50810,028
Other noncurrent assets36,62826,085
Total assets1,188,3881,138,804
Current liabilities:  
Accounts payable335,758214,996
Accrued expenses109,290108,029
Accrued compensation23,62477,695
Deferred revenue, current27,31835,866
Other current liabilities39,64939,544
Total current liabilities535,639476,130
Operating lease liabilities, noncurrent25,59633,960
Deferred revenue, noncurrent56,15253,632
Deferred tax liabilities9,6422,394
Other noncurrent liabilities8463,646
Total liabilities627,875569,762
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Common stock, $0.001 par value; 1,500,000,000 and 500,000,000 shares authorized, 129,823,663 and 128,857,085 shares issued, 126,668,723 and 126,985,273 shares outstanding as of October 1, 2022, and October 2, 2021, respectively130129
Treasury stock, 3,154,940 and 1,871,812 shares at cost as of October 1, 2022, and October 2, 2021, respectively(50,896)(50,276)
Additional paid-in capital617,390690,462
Accumulated deficit(2,514)(69,897)
Accumulated other comprehensive loss(3,597)(1,376)
Total stockholders' equity560,513569,042
Total liabilities and stockholders’ equity$ 1,188,388$ 1,138,804