Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of VIZIO Holding Corp (NYSE: VZIO) closed at $10.48 in the last session, down -0.47% from day before closing price of $10.53. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 3.63 million shares were traded. VZIO stock price reached its highest trading level at $10.56 during the session, while it also had its lowest trading level at $10.425.
Ratios:
We take a closer look at VZIO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, B. Riley Securities on December 13, 2023, initiated with a Buy rating and assigned the stock a target price of $11.
On August 24, 2023, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $11 to $6.
On December 01, 2022, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $13.Morgan Stanley initiated its Equal-Weight rating on December 01, 2022, with a $13 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when Russell David Eugene sold 100,000 shares for $11.03 per share. The transaction valued at 1,103,000 led to the insider holds 2,436,542 shares of the business.
Russell David Eugene sold 300,000 shares of VZIO for $2,973,103 on Feb 13 ’24. The Director now owns 2,536,542 shares after completing the transaction at $9.91 per share. On Sep 07 ’23, another insider, O’Donnell Michael Joseph, who serves as the insider of the company, sold 6,400 shares for $5.91 each. As a result, the insider received 37,805 and left with 354,215 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 2078257408 and an Enterprise Value of 1747367040. As of this moment, VIZIO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.43, and their Forward P/E ratio for the next fiscal year is 25.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 4.61. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is 54.266.
Stock Price History:
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 -3.65%, while the 200-Day Moving Average is calculated to be 35.35%.
Shares Statistics:
According to the various share statistics, VZIO traded on average about 3.56M shares per day over the past 3-months and 2856840 shares per day over the past 10 days. A total of 121.50M shares are outstanding, with a floating share count of 75.96M. Insiders hold about 61.69% of the company’s shares, while institutions hold 24.83% stake in the company. Shares short for VZIO as of 1713139200 were 20172758 with a Short Ratio of 5.67, compared to 1710460800 on 13284754. Therefore, it implies a Short% of Shares Outstanding of 20172758 and a Short% of Float of 21.079999.
