The closing price of Vroom Inc. (NASDAQ: VRM) was $1.31 for the day, up 2.34% from the previous closing price of $1.28. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 4956150 shares were traded. VRM stock price reached its highest trading level at $1.3200 during the session, while it also had its lowest trading level at $1.1900.
Our analysis of VRM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 1.37.
Upgrades & Downgrades
Stifel Downgraded its Buy to Hold on March 02, 2022, whereas the target price for the stock was revised from $10 to $4.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 13 when Zakowicz Agnieszka sold 160 shares for $1.11 per share. The transaction valued at 177 led to the insider holds 208,102 shares of the business.
Zakowicz Agnieszka sold 812 shares of VRM for $1,381 on Sep 14. The Principal Accounting Officer now owns 208,262 shares after completing the transaction at $1.70 per share. On Sep 14, another insider, Krakowiak Robert R., who serves as the Chief Financial Officer of the company, sold 11,233 shares for $1.70 each. As a result, the insider received 19,101 and left with 570,326 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.41.
Stock Price History:
Over the past 52 weeks, VRM has reached a high of $18.52, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 1.1994, while the 200-Day Moving Average is calculated to be 2.0773.
VRM traded an average of 5.86M shares per day over the past three months and 6.27M shares per day over the past ten days. A total of 138.12M shares are outstanding, with a floating share count of 132.60M. Insiders hold about 1.60% of the company’s shares, while institutions hold 32.30% stake in the company. Shares short for VRM as of Oct 13, 2022 were 28.19M with a Short Ratio of 29.03M, compared to 25.17M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 20.41% and a Short% of Float of 22.26%.
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.56 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.74, while EPS last year was -$0.7. The consensus estimate for the next quarter is -$0.58, with high estimates of -$0.25 and low estimates of -$0.73.
Analysts are recommending an EPS of between -$2.36 and -$2.92 for the fiscal current year, implying an average EPS of -$2.68. EPS for the following year is -$2.55, with 5 analysts recommending between -$1.87 and -$2.83.
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $635M to a low estimate of $400M. As of the current estimate, Vroom Inc.’s year-ago sales were $888M, an estimated decrease of -47.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $419.63M, a decrease of -55.10% less than the figure of -$47.90% in the same quarter last year. There is a high estimate of $467M for the next quarter, whereas the lowest estimate is $352.41M.
A total of 8 analysts have provided revenue estimates for VRM’s current fiscal year. The highest revenue estimate was $2.35B, while the lowest revenue estimate was $2.18B, resulting in an average revenue estimate of $2.24B. In the same quarter a year ago, actual revenue was $3.18B, down -29.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.04B in the next fiscal year. The high estimate is $2.82B and the low estimate is $1.73B. The average revenue growth estimate for next year is down -9.20% from the average revenue estimate for this year.