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The price of Vivid Seats Inc (NASDAQ: SEAT) closed at $5.86 in the last session, up 4.83% from day before closing price of $5.59. In other words, the price has increased by $4.83 from its previous closing price. On the day, 1.57 million shares were traded. SEAT stock price reached its highest trading level at $5.89 during the session, while it also had its lowest trading level at $5.58.
Ratios:
We take a closer look at SEAT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.36. 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:
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 12 ’24 when Wagner Jonathan Miles sold 29,588 shares for $5.71 per share. The transaction valued at 168,947 led to the insider holds 139,925 shares of the business.
Bakal Riva sold 2,051 shares of SEAT for $11,711 on Mar 12 ’24. The Chief Strategy Officer now owns 94,955 shares after completing the transaction at $5.71 per share. On Mar 12 ’24, another insider, Pickus Edward, who serves as the Chief Accounting Officer of the company, sold 725 shares for $5.71 each. As a result, the insider received 4,140 and left with 34,154 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 1226884736 and an Enterprise Value of 1428060160. As of this moment, Vivid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.91, and their Forward P/E ratio for the next fiscal year is 14.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 7.47. Its current Enterprise Value per Revenue stands at 2.003 whereas that against EBITDA is 13.984.
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 1.35%, while the 200-Day Moving Average is calculated to be -11.74%.
Shares Statistics:
According to the various share statistics, SEAT traded on average about 1.59M shares per day over the past 3-months and 1140260 shares per day over the past 10 days. A total of 133.88M shares are outstanding, with a floating share count of 73.46M. Insiders hold about 45.16% of the company’s shares, while institutions hold 40.92% stake in the company. Shares short for SEAT as of 1711584000 were 7999637 with a Short Ratio of 5.03, compared to 1709164800 on 6356958. Therefore, it implies a Short% of Shares Outstanding of 7999637 and a Short% of Float of 20.919999999999998.
Earnings Estimates
The stock of Vivid Seats Inc (SEAT) is currently drawing attention from SENT analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $5.20, with high estimates of $45.30 and low estimates of $2.09.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
