Analyzing Snowflake (SNOW) & Its Rivals

Snowflake (NYSE: SNOW) is one of 318 publicly-traded companies in the “Prepackaged software” industry, but how does it weigh in compared to its peers? We will compare Snowflake to similar companies based on the strength of its valuation, risk, institutional ownership, dividends, earnings, profitability and analyst recommendations.

Profitability

This table compares Snowflake and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Snowflake N/A N/A N/A
Snowflake Competitors -39.81% -62.75% -3.61%

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Snowflake and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Snowflake 2 14 12 0 2.36
Snowflake Competitors 2160 11320 21162 607 2.57

Snowflake currently has a consensus price target of $278.96, suggesting a potential upside of 12.12%. As a group, “Prepackaged software” companies have a potential upside of 13.35%. Given Snowflake’s peers stronger consensus rating and higher probable upside, analysts clearly believe Snowflake has less favorable growth aspects than its peers.

Valuation and Earnings

This table compares Snowflake and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Snowflake $592.05 million -$539.10 million -65.47
Snowflake Competitors $1.90 billion $320.23 million 52.79

Snowflake’s peers have higher revenue and earnings than Snowflake. Snowflake is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

61.2% of Snowflake shares are held by institutional investors. Comparatively, 59.7% of shares of all “Prepackaged software” companies are held by institutional investors. 17.8% of shares of all “Prepackaged software” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Snowflake peers beat Snowflake on 8 of the 12 factors compared.

Snowflake Company Profile

Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of various sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California.

Receive News & Ratings for Snowflake Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snowflake and related companies with MarketBeat.com's FREE daily email newsletter.