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.
VinFast Auto Ltd (NASDAQ: VFS) closed the day trading at $3.05 down -4.98% from the previous closing price of $3.21. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 1.16 million shares were traded.
Ratios:
For a better understanding of VFS, let’s look at its different ratios.
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, BTIG Research on January 03, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On November 21, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $12.
On November 01, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 01, 2023, with a $7 target price.
Stock Price History:
Over the past 52 weeks, VFS has reached a high of $6.42, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is -21.41%, while the 200-Day Moving Average is calculated to be -24.07%.
Shares Statistics:
A total of 2.31B shares are outstanding, with a floating share count of 50.06M. Insiders hold about 97.86% of the company’s shares, while institutions hold 0.20% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 3.0 different market analysts. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.18 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.98 and -$1.08 for the fiscal current year, implying an average EPS of -$1.03. EPS for the following year is -$0.8, with 3.0 analysts recommending between -$0.67 and -$0.95.
Revenue Estimates
3 analysts predict $21.84T in revenue for the current quarter. It ranges from a high estimate of $31.14T to a low estimate of $14.25T. As of the current estimate, VinFast Auto Ltd’s year-ago sales were $10.74TFor the next quarter, 3 analysts are estimating revenue of $15.02T. There is a high estimate of $17.39T for the next quarter, whereas the lowest estimate is $13.08T.
A total of 3 analysts have provided revenue estimates for VFS’s current fiscal year. The highest revenue estimate was $60.17T, while the lowest revenue estimate was $44.03T, resulting in an average revenue estimate of $51.37T. In the same quarter a year ago, actual revenue was $29.47TBased on 3 analysts’ estimates, the company’s revenue will be $80.69T in the next fiscal year. The high estimate is $103.58T and the low estimate is $62.7T.
