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In the latest session, Virgin Galactic Holdings Inc (NYSE: SPCE) closed at $3.81 down -16.26% from its previous closing price of $4.55. In other words, the price has decreased by -$16.26 from its previous closing price. On the day, 15.69 million shares were traded. SPCE stock price reached its highest trading level at $3.99 during the session, while it also had its lowest trading level at $3.6.
Ratios:
For a deeper understanding of Virgin Galactic Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 2.06.
On January 10, 2024, Truist Upgraded its rating to Hold which previously was Sell and also upped its target price recommendation from $1 to $3.
Morgan Stanley Downgraded its Equal-Weight to Underweight on November 22, 2023, whereas the target price for the stock was revised from $4 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPCE now has a Market Capitalization of 240792928 and an Enterprise Value of 356986048. For the stock, the TTM Price-to-Sale (P/S) ratio is 145.06 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 214.922 whereas that against EBITDA is -1.232.
Stock Price History:
The Beta on a monthly basis for SPCE is 1.98, which has changed by -0.2989214 over the last 52 weeks, in comparison to a change of 0.12529528 over the same period for the S&P500. Over the past 52 weeks, SPCE has reached a high of $6.82, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is -2.35%, while the 200-Day Moving Average is calculated to be 11.31%.
Shares Statistics:
For the past three months, SPCE has traded an average of 4.03M shares per day and 2476160 over the past ten days. A total of 63.17M shares are outstanding, with a floating share count of 62.70M. Insiders hold about 0.80% of the company’s shares, while institutions hold 20.25% stake in the company. Shares short for SPCE as of 1763078400 were 12584478 with a Short Ratio of 3.12, compared to 1760486400 on 10443300. Therefore, it implies a Short% of Shares Outstanding of 12584478 and a Short% of Float of 19.940001.
Earnings Estimates
Virgin Galactic Holdings Inc (SPCE) is presently subject to a detailed evaluation by 3.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.77, with high estimates of -$0.7 and low estimates of -$0.88.
Analysts are recommending an EPS of between -$4.49 and -$5.81 for the fiscal current year, implying an average EPS of -$5.35. EPS for the following year is -$3.78, with 5.0 analysts recommending between -$2.21 and -$5.5.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $2.75M. There is a high estimate of $5M for the next quarter, whereas the lowest estimate is $500k.
A total of 7 analysts have provided revenue estimates for SPCE’s current fiscal year. The highest revenue estimate was $2.23M, while the lowest revenue estimate was $1.5M, resulting in an average revenue estimate of $1.72M. In the same quarter a year ago, actual revenue was $7.04MBased on 5 analysts’ estimates, the company’s revenue will be $34.06M in the next fiscal year. The high estimate is $56.6M and the low estimate is $14.88M.
