Snap Inc (SNAP)

SNAP (NYSE:Internet) EQUITY
$22.88
pos +1.10
+4.90%
Today's Range: 22.22 - 23.05 | SNAP Avg Daily Volume: 55,013,700
Last Update: 03/23/17 - 12:18 PM EDT
Volume: 22,504,022
YTD Performance: 0.00%
Open: $22.69
Previous Close: $21.82
52 Week Range: $18.90 - $29.44
Oustanding Shares: 1,157,213,232
Market Cap: 23,584,005,668
6-Month Chart
TheStreet Ratings Grade for SNAP
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 2 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 3 0 0 0
Mean Rec. 4.20 0.00 0.00 0.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
SNAP Sector Avg. S&P 500
0.00 0.00 30.10
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.00% 0.00% 0.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue 0.00 0.00 0.00
Net Income 0.00 0.00 0.00
EPS 0.00 0.00 0.00
Earnings for SNAP:
EBITDA -0.49B
Revenue 0.40B
Average Earnings Estimates
Qtr (12/16) Qtr (03/17) FY (12/16) FY (12/17)
Average Estimate $n.a. $n.a. $n.a. $-0.41
Number of Analysts 0 0 0 1
High Estimate $n.a. $n.a. $n.a. $-0.41
Low Estimate $n.a. $n.a. $n.a. $-0.41
Prior Year $n.a. $n.a. $n.a. $n.a.
Growth Rate (Year over Year) n.a.% n.a.% n.a.% n.a.%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Bullish
Mar 22, 2017 | 7:50 AM EDT
SNAP was initiated with a Buy rating, Drexel Hamilton said. $30 price target. Company can transcend the boundaries of its competitors.
You should watch the IPO market like a hawk.
These stocks weren't quitting in a weak environment, and now they shine in a strong one.
I like selling put spreads in GS as a way of producing income.
Update
Mar 09, 2017 | 7:50 AM EST
SNAP was initiated with a Sector Perform rating, FBN Securities said. Valuation call, based on a $23 price target.
While Amazon remains the cloud infrastructure market's 800-pound gorilla, Google's unique services are winning over more businesses.

Takeaways and Observations Real Money Pro($)

 
I added to Twitter (TWTR) in pre-market trading this morning. Snap  (SNAP) shares are higher on David Tepper's remarks; the two …

Midday Musings Real Money Pro($)

 Nice move off of the lows for Allergan (AGN) . (More than +$3 for the homegamers!) My Generational Bottom in Bond Yields (last July) looks very much intact. Two basis points higher in yield today Today's three-year US note auction was soft. This is not surprising as historically it is quite sensitive to expectations of Fed policy. At 1.63% yield, it was above the when-issued market, the bid to cover (2.74) was below the one year average of 2.80 and dealers got stuck with 42% of the auction (vs. 12-month average of 39%). The yield is the highest in seven years. Let's begin to focus on high yield bonds -- the space is starting to lose steam. (If you are in Blackstone/GSO Strategic Credit Fund (BGB) , reconsider the position). Let's also keep an eye on the S&P (cash) (^GSPC) level of 2363. That's last Tuesday's close, the day before the President's speech to Congress that everyone got excited about... but then, arguably, has been diluted by weekend and weekday tweets. The Russell 2000 RUX and the Transportation Indices have already given back that rally. The DJIA (DIA)  is still 115 points above and the Nasdaq (^IXIC) is 23 points above that level. Again, the market "action" seems to be different than over the last two months. Gold continues its schmeissing, for the sixth day in a row (and since we sold SPDR Gold Trust (GLD) above $119). Phew! But I would note, leveraged junior gold mining ETFs [Dx Dl Jr Gld Min 3X (JNUG)  and [Market Vectors Junior Gold Miners ETF (GDXJ)  are holding up -- so I wouldn't be surprised if a reversal (higher) is imminent. GLD is within $1 of my correction target! Broad based decline in agricultural commodities today - me no likey. And I would continue to avoid fertilizers - they're crap (and the commodity price recovery is far away) Retail stocks? Fuhgettaboutit! Non playable. President Trump put a smackdown on pharma and biotech this morning. Gilead Sciences (GILD) is still a value trap. Share price action in VRX, CMG - seem to be exclamation points to the notion of "Peak Ackman." FANG battling -- but my guess they are ready to be defanged. SNAP's (SNAP) 10% drop is causing collateral damage to Twitter (TWTR)  -- and I am adding more aggressively. Next week, "Three Steps and a Stumble?" I have added to ProShares Trust UltraPro Short QQQ ETF  (SQQQ) and ProShares UltraShort S&P500 (SDS) today -- further raising my net short exposure back up.

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