Matthew Siegel - Sonos Chief Commercial Officer

SONO Stock  USD 14.78  0.20  1.37%   

Executive

Mr. Matthew Siegel is Chief Commercial Officer of the Company since September 2017. Prior to Sonos, from April 2014 to August 2017, Mr. Siegel served as the Vice President General Manager of Digital Commerce of Nike, Inc., a sportswear and athletic apparel company. From December 2008 to February 2014, Mr. Siegel was an Executive Vice President Digital Commerce at Ann, Inc., a national clothing retailer since 2017.
Age 50
Tenure 7 years
Address 301 Coromar Drive, Santa Barbara, CA, United States, 93117
Phone805 965 3001
Webhttps://www.sonos.com
Siegel holds a B.S. in communications studies from Northwestern University.

Matthew Siegel Latest Insider Activity

Tracking and analyzing the buying and selling activities of Matthew Siegel against Sonos stock is an integral part of due diligence when investing in Sonos. Matthew Siegel insider activity provides valuable insight into whether Sonos is net buyers or sellers over its current business cycle. Note, Sonos insiders must abide by specific rules, including filing SEC forms every time they buy or sell Sonos'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Sonos Management Efficiency

The company has return on total asset (ROA) of (0.0313) % which means that it has lost $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0805) %, meaning that it created substantial loss on money invested by shareholders. Sonos' management efficiency ratios could be used to measure how well Sonos manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of December 2024, Return On Tangible Assets is likely to grow to -0.01. In addition to that, Return On Capital Employed is likely to grow to -0.03. At this time, Sonos' Net Tangible Assets are very stable compared to the past year. As of the 26th of December 2024, Other Assets is likely to grow to about 46 M, while Total Assets are likely to drop about 769.8 M.
Sonos Inc currently holds 64.14 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Sonos Inc has a current ratio of 1.79, which is within standard range for the sector. Note, when we think about Sonos' use of debt, we should always consider it together with its cash and equity.

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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. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California. Sonos operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 1525 people. Sonos Inc (SONO) is traded on NASDAQ Exchange in USA. It is located in 301 Coromar Drive, Santa Barbara, CA, United States, 93117 and employs 16 people. Sonos is listed under Consumer Electronics category by Fama And French industry classification.

Management Performance

Sonos Inc Leadership Team

Elected by the shareholders, the Sonos' board of directors comprises two types of representatives: Sonos inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sonos. The board's role is to monitor Sonos' management team and ensure that shareholders' interests are well served. Sonos' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sonos' outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Spence, Chief Commercial Officer
Matthew Siegel, Chief Commercial Officer
Edward Lazarus, Chief Legal Officer and Corporate Secretary
Michael Groeninger, Vice Finance
Shamayne Braman, Chief Officer
Ruth Sleeter, VP Officer
Dunja LaRosa, Chief Officer
Christopher Mason, Chief Technology
James Baglanis, Head Treasury
Saori Casey, Chief Officer
Maxime BouvatMerlin, VP Operations
Deirdre Findlay, Chief Officer
Cammeron McLaughlin, VP Relations
Edward JD, Chief Officer
Thomas Cullen, CoFounder Marketing
Nicholas Millington, Chief Product Officer

Sonos Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sonos a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Sonos

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonos will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sonos Stock

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The ability to find closely correlated positions to Sonos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonos Inc to buy it.
The correlation of Sonos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonos Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonos. If investors know Sonos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.123
Earnings Share
(0.31)
Revenue Per Share
12.32
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.03)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonos' market value can be influenced by many factors that don't directly affect Sonos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.