After finishing at $10.85 in the prior trading day, VIZIO Holding Corp (NYSE: VZIO) closed at $11.00, up 1.38%. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 4486226 shares were traded.
Ratios:
Our goal is to gain a better understanding of VZIO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 776.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 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:
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 Feb 13 when Russell David Eugene sold 300,000 shares for $9.91 per share. The transaction valued at 2,973,103 led to the insider holds 2,536,542 shares of the business.
O’Donnell Michael Joseph sold 6,400 shares of VZIO for $37,805 on Sep 07. The insider now owns 354,215 shares after completing the transaction at $5.91 per share. On Aug 21, another insider, O’Donnell Michael Joseph, who serves as the insider of the company, sold 1,983 shares for $6.23 each. As a result, the insider received 12,355 and left with 360,615 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 2.17B and an Enterprise Value of 1.84B. As of this moment, VIZIO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 103.77, and their Forward P/E ratio for the next fiscal year is 26.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 5.15. Its current Enterprise Value per Revenue stands at 1.08 whereas that against EBITDA is 56.25.
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 7.94, while the 200-Day Moving Average is calculated to be 6.78.
Shares Statistics:
The stock has traded on average 1.71M shares per day over the past 3-months and 7.75M shares per day over the last 10 days, according to various share statistics. A total of 118.10M shares are outstanding, with a floating share count of 75.49M. Insiders hold about 61.81% of the company’s shares, while institutions hold 24.81% stake in the company. Shares short for VZIO as of Jan 31, 2024 were 2.1M with a Short Ratio of 1.23, compared to 1.98M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.07% and a Short% of Float of 2.20%.
Earnings Estimates
Its stock is currently analyzed by 12 different market analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0, while EPS last year was $0.03. The consensus estimate for the next quarter is $0, with high estimates of $0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.1 and $0.08 for the fiscal current year, implying an average EPS of $0.09. EPS for the following year is $0.19, with 13 analysts recommending between $0.28 and $0.13.
Revenue Estimates
11 analysts predict $498.8M in revenue for the current quarter. It ranges from a high estimate of $519.42M to a low estimate of $486.1M. As of the current estimate, VIZIO Holding Corp’s year-ago sales were $533.5M, an estimated decrease of -6.50% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $385.58M, an increase of 8.10% over than the figure of -$6.50% in the same quarter last year. There is a high estimate of $409.05M for the next quarter, whereas the lowest estimate is $345.02M.
A total of 13 analysts have provided revenue estimates for VZIO’s current fiscal year. The highest revenue estimate was $1.71B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.68B. In the same quarter a year ago, actual revenue was $1.86B, down -9.90% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.85B in the next fiscal year. The high estimate is $1.92B and the low estimate is $1.73B. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.
