The closing price of Velo3D Inc (NYSE: VLD) was $0.26 for the day, down -3.45% from the previous closing price of $0.27. In other words, the price has decreased by -$0.0093 from its previous closing price. On the day, 2312754 shares were traded.
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Ratios:
Our analysis of VLD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Credit Suisse on August 17, 2022, initiated with a Neutral rating and assigned the stock a target price of $5.40.
On March 04, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $7.
On October 26, 2021, Needham started tracking the stock assigning a Buy rating and target price of $15.Needham initiated its Buy rating on October 26, 2021, with a $15 target price.
Insider Transactions:
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 Feb 21 when Buller Benyamin sold 2,000 shares for $0.29 per share. The transaction valued at 572 led to the insider holds 5,072,706 shares of the business.
Kreger Bradley Allen sold 13,600 shares of VLD for $4,352 on Feb 20. The INTERIM CEO now owns 159,304 shares after completing the transaction at $0.32 per share. On Feb 20, another insider, Buller Benyamin, who serves as the Director of the company, sold 2,000 shares for $0.29 each. As a result, the insider received 580 and left with 5,074,706 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, VLD now has a Market Capitalization of 67.19M and an Enterprise Value of 60.67M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is -1.32.
Stock Price History:
Over the past 52 weeks, VLD has reached a high of $3.43, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is 0.3550, while the 200-Day Moving Average is calculated to be 1.3071.
Shares Statistics:
VLD traded an average of 5.69M shares per day over the past three months and 4.47M shares per day over the past ten days. A total of 187.56M shares are outstanding, with a floating share count of 114.64M. Insiders hold about 46.08% of the company’s shares, while institutions hold 36.61% stake in the company. Shares short for VLD as of Jan 31, 2024 were 21.83M with a Short Ratio of 3.84, compared to 19.77M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.45% and a Short% of Float of 13.56%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.08, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.51 and -$0.51 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.31, with 1 analysts recommending between -$0.31 and -$0.31.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $19.5M to a low estimate of $19.5M. As of the current estimate, Velo3D Inc’s year-ago sales were $29.78M, an estimated decrease of -34.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $20.9M, a decrease of -19.80% over than the figure of -$34.50% in the same quarter last year. There is a high estimate of $20.9M for the next quarter, whereas the lowest estimate is $20.9M.
A total of 1 analysts have provided revenue estimates for VLD’s current fiscal year. The highest revenue estimate was $107.24M, while the lowest revenue estimate was $107.24M, resulting in an average revenue estimate of $107.24M. In the same quarter a year ago, actual revenue was $80.76M, up 32.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $121.29M in the next fiscal year. The high estimate is $121.29M and the low estimate is $121.29M. The average revenue growth estimate for next year is up 13.10% from the average revenue estimate for this year.
