Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Vivid Seats Inc (NASDAQ: SEAT) was $3.58 for the day, up 1.99% from the previous closing price of $3.51. In other words, the price has increased by $1.99 from its previous closing price. On the day, 2.28 million shares were traded. SEAT stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $3.485.
Ratios:
Our analysis of SEAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.22.
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, Maxim Group on November 04, 2024, Reiterated its Buy rating but revised its target price to $8 from $9 previously.
On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $7.Maxim Group initiated its Buy rating on April 17, 2024, with a $7 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 Dec 12 ’24 when Pickus Edward sold 746 shares for $3.44 per share. The transaction valued at 2,566 led to the insider holds 50,308 shares of the business.
Bakal Riva sold 3,186 shares of SEAT for $10,960 on Dec 12 ’24. The Chief Strategy Officer now owns 139,015 shares after completing the transaction at $3.44 per share. On Nov 13 ’24, another insider, Epstein Emily T, who serves as the General Counsel of the company, sold 1,382 shares for $3.93 each. As a result, the insider received 5,431 and left with 48,516 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, SEAT now has a Market Capitalization of 743727040 and an Enterprise Value of 956084864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 1.235 whereas that against EBITDA is 10.144.
Stock Price History:
Over the past 52 weeks, SEAT has reached a high of $6.62, while it has fallen to a 52-week low of $3.24. The 50-Day Moving Average of the stock is -3.94%, while the 200-Day Moving Average is calculated to be -23.82%.
Shares Statistics:
SEAT traded an average of 1.22M shares per day over the past three months and 1322400 shares per day over the past ten days. A total of 131.43M shares are outstanding, with a floating share count of 70.48M. Insiders hold about 46.41% of the company’s shares, while institutions hold 54.44% stake in the company. Shares short for SEAT as of 1732838400 were 12560463 with a Short Ratio of 10.33, compared to 1730332800 on 12793328. Therefore, it implies a Short% of Shares Outstanding of 12560463 and a Short% of Float of 35.57.
