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After finishing at $10.92 in the prior trading day, VIZIO Holding Corp (NYSE: VZIO) closed at $11.01, up 0.82%. In other words, the price has increased by $0.82 from its previous closing price. On the day, 4.51 million shares were traded. VZIO stock price reached its highest trading level at $11.04 during the session, while it also had its lowest trading level at $10.9.
Ratios:
Our goal is to gain a better understanding of VZIO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 13, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $11.
BofA Securities Downgraded its Buy to Underperform on August 24, 2023, whereas the target price for the stock was revised from $11 to $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 21 ’24 when WANG WILLIAM WEI sold 111,114 shares for $10.63 per share. The transaction valued at 1,181,031 led to the insider holds 2,281,144 shares of the business.
WONG BEN BUN sold 50,181 shares of VZIO for $533,374 on Jun 21 ’24. The President and COO now owns 3,600,942 shares after completing the transaction at $10.63 per share. On Jun 21 ’24, another insider, O’Donnell Michael Joseph, who serves as the insider of the company, sold 43,397 shares for $10.63 each. As a result, the insider received 461,310 and left with 604,919 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VZIO now has a Market Capitalization of 2183360256 and an Enterprise Value of 1862858752. As of this moment, VIZIO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 132.33, and their Forward P/E ratio for the next fiscal year is 34.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 4.84. Its current Enterprise Value per Revenue stands at 1.111 whereas that against EBITDA is 110.884.
Stock Price History:
The Beta on a monthly basis for VZIO is 2.03, which has changed by 0.46800005 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, VZIO has reached a high of $11.28, while it has fallen to a 52-week low of $4.82. The 50-Day Moving Average of the stock is 3.12%, while the 200-Day Moving Average is calculated to be 25.71%.
Shares Statistics:
The stock has traded on average 2.50M shares per day over the past 3-months and 2221910 shares per day over the last 10 days, according to various share statistics. A total of 121.50M shares are outstanding, with a floating share count of 73.82M. Insiders hold about 62.78% of the company’s shares, while institutions hold 36.58% stake in the company. Shares short for VZIO as of 1719532800 were 18716233 with a Short Ratio of 7.48, compared to 1717113600 on 22931057. Therefore, it implies a Short% of Shares Outstanding of 18716233 and a Short% of Float of 19.559999.
