In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Vivid Seats Inc (NASDAQ: SEAT) closed the day trading at $5.49 up 2.04% from the previous closing price of $5.38. In other words, the price has increased by $2.04 from its previous closing price. On the day, 1.06 million shares were traded. SEAT stock price reached its highest trading level at $5.505 during the session, while it also had its lowest trading level at $5.37.
Ratios:
For a better understanding of SEAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 2.71 whereas as Long-Term Debt/Eq ratio is at 2.67.
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 April 17, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On February 09, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.
On August 01, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $9.50.Morgan Stanley initiated its Equal-Weight rating on August 01, 2023, with a $9.50 target price.
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 Apr 22 ’24 when Bakal Riva sold 1,136 shares for $5.90 per share. The transaction valued at 6,702 led to the insider holds 97,670 shares of the business.
Pickus Edward sold 537 shares of SEAT for $3,168 on Apr 22 ’24. The Chief Accounting Officer now owns 35,434 shares after completing the transaction at $5.90 per share. On Mar 12 ’24, another insider, Wagner Jonathan Miles, who serves as the Chief Technology Officer of the company, sold 29,588 shares for $5.71 each. As a result, the insider received 168,947 and left with 139,925 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 1149419264 and an Enterprise Value of 1378497664. As of this moment, Vivid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.83, and their Forward P/E ratio for the next fiscal year is 13.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 7.00. Its current Enterprise Value per Revenue stands at 1.934 whereas that against EBITDA is 13.499.
Stock Price History:
Over the past 52 weeks, SEAT has reached a high of $9.89, while it has fallen to a 52-week low of $5.11. The 50-Day Moving Average of the stock is -4.25%, while the 200-Day Moving Average is calculated to be -15.73%.
Shares Statistics:
Over the past 3-months, SEAT traded about 1.62M shares per day on average, while over the past 10 days, SEAT traded about 1222230 shares per day. A total of 133.88M shares are outstanding, with a floating share count of 72.98M. Insiders hold about 45.19% of the company’s shares, while institutions hold 41.42% stake in the company. Shares short for SEAT as of 1713139200 were 9648262 with a Short Ratio of 5.95, compared to 1710460800 on 5905059. Therefore, it implies a Short% of Shares Outstanding of 9648262 and a Short% of Float of 26.13.
