Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.07 million shares were traded. SPCE stock price reached its highest trading level at $2.59 during the session, while it also had its lowest trading level at $2.46.
Ratios:
Our analysis of SPCE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.19 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.51.
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 the company, Truist on January 10, 2024, Upgraded its rating to Hold and sets its target price to $3 from $1 previously.
On November 22, 2023, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $4 to $1.75.
Alembic Global Advisors Upgraded its Underweight to Neutral on June 14, 2023, while the target price for the stock was maintained at $4.75.
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 103266248 and an Enterprise Value of 20251726. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.37 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 2.878 whereas that against EBITDA is -0.056.
Stock Price History:
The Beta on a monthly basis for SPCE is 2.10, which has changed by -0.8317819 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, SPCE has reached a high of $28.20, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is -27.66%, while the 200-Day Moving Average is calculated to be -55.74%.
Shares Statistics:
SPCE traded an average of 2.01M shares per day over the past three months and 1663850 shares per day over the past ten days. Insiders hold about 10.42% of the company’s shares, while institutions hold 40.49% stake in the company. Shares short for SPCE as of 1743379200 were 8673496 with a Short Ratio of 4.32, compared to 1740700800 on 10730882. Therefore, it implies a Short% of Shares Outstanding of 8673496 and a Short% of Float of 24.450001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of Virgin Galactic Holdings Inc (SPCE) in the stock market is under the watchful eye of 6.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$2.44, with high estimates of -$2.1 and low estimates of -$2.7.
Analysts are recommending an EPS of between -$7.85 and -$11.04 for the fiscal current year, implying an average EPS of -$9.19. EPS for the following year is -$5.53, with 7.0 analysts recommending between -$3.01 and -$8.65.
Revenue Estimates
Based on 9 analysts’ estimates, the company’s revenue will be $79.58M in the next fiscal year. The high estimate is $177.8M and the low estimate is $6M.
