Market Recap: VIZIO Holding Corp (VZIO)’s Negative Momentum, Closing at 11.14

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The closing price of VIZIO Holding Corp (NYSE: VZIO) was $11.14 for the day, down -0.54% from the previous closing price of $11.20. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 1.92 million shares were traded. VZIO stock price reached its highest trading level at $11.24 during the session, while it also had its lowest trading level at $11.14.

Ratios:

Our analysis of VZIO’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 6.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2798.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

On December 13, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $11.

BofA Securities Downgraded its Buy to Underperform on August 24, 2023, whereas the target price for the stock was revised from $11 to $6.

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 Aug 21 ’24 when O’Donnell Michael Joseph sold 2,555 shares for $11.13 per share. The transaction valued at 28,445 led to the insider holds 602,364 shares of the business.

O’Donnell Michael Joseph bought 2,555 shares of VZIO for $28,446 on Aug 21 ’24. On Jun 21 ’24, another insider, WONG BEN BUN, who serves as the President and COO of the company, sold 50,181 shares for $10.63 each. As a result, the insider received 533,374 and left with 3,600,942 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 2250335744 and an Enterprise Value of 1918578432. As of this moment, VIZIO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 149.13, and their Forward P/E ratio for the next fiscal year is 61.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 1.116 whereas that against EBITDA is 117.704.

Stock Price History:

Over the past 52 weeks, VZIO has reached a high of $11.30, while it has fallen to a 52-week low of $4.82. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be 11.36%.

Shares Statistics:

VZIO traded an average of 2.06M shares per day over the past three months and 2565730 shares per day over the past ten days. A total of 121.50M shares are outstanding, with a floating share count of 77.35M. Insiders hold about 61.51% of the company’s shares, while institutions hold 41.82% stake in the company. Shares short for VZIO as of 1724976000 were 21453223 with a Short Ratio of 10.41, compared to 1722384000 on 20524896. Therefore, it implies a Short% of Shares Outstanding of 21453223 and a Short% of Float of 21.620001.

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