After finishing at $10.01 in the prior trading day, Vector Group Ltd (NYSE: VGR) closed at $9.93, down -0.80%. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 1062830 shares were traded. VGR stock price reached its highest trading level at $10.14 during the session, while it also had its lowest trading level at $9.85.
Ratios:
Our goal is to gain a better understanding of VGR 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 4.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.51. For the most recent quarter (mrq), Quick Ratio is recorded 2.88 and its Current Ratio is at 3.52.
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 the company, Barclays on March 31, 2022, Upgraded its rating to Overweight and sets its target price to $16 from $12 previously.
On November 15, 2021, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $13 to $17.
Oppenheimer Upgraded its Perform to Outperform on November 09, 2021, while the target price for the stock was maintained at $18.
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 Dec 14 ’23 when LEBOW BENNETT S sold 121,054 shares for $11.69 per share. The transaction valued at 1,415,605 led to the insider holds 23,750 shares of the business.
LEBOW BENNETT S sold 50,000 shares of VGR for $583,945 on Dec 13 ’23. The Director now owns 144,804 shares after completing the transaction at $11.68 per share. On Sep 11 ’23, another insider, KIRKLAND J BRYANT III, who serves as the insider of the company, bought 10,000 shares for $10.32 each. As a result, the insider paid 103,200 and bolstered with 450,623 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, VGR now has a Market Capitalization of 1.57B and an Enterprise Value of 2.57B. As of this moment, Vector’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.55, and their Forward P/E ratio for the next fiscal year is 7.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10. Its current Enterprise Value per Revenue stands at 1.80 whereas that against EBITDA is 7.06.
Stock Price History:
Over the past 52 weeks, VGR has reached a high of $13.43, while it has fallen to a 52-week low of $9.80. The 50-Day Moving Average of the stock is 10.76, while the 200-Day Moving Average is calculated to be 11.10.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 947.18k shares per day over the last 10 days, according to various share statistics. A total of 154.84M shares are outstanding, with a floating share count of 135.05M. Insiders hold about 14.36% of the company’s shares, while institutions hold 64.35% stake in the company. Shares short for VGR as of Mar 15, 2024 were 3.41M with a Short Ratio of 2.66, compared to 2.27M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.17% and a Short% of Float of 3.10%.
Dividends & Splits
In the trailing 12 months, VGR’s forward annual dividend rate was 0.80, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 7.99%, it implies a Forward Annual Dividend Yield of 7.33%. The stock’s 5-year Average Dividend Yield is 8.89. The current Payout Ratio is 68.71% for VGR, which recently paid a dividend on Mar 14, 2024 with an ex-dividend date of Mar 01, 2024. Stock splits for the company last occurred on Sep 16, 2019 when the company split stock in a 105:100 ratio.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of $0.25 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.25, while EPS last year was $0.22. The consensus estimate for the next quarter is $0.3, with high estimates of $0.3 and low estimates of $0.3.
Analysts are recommending an EPS of between $1.4 and $1.24 for the fiscal current year, implying an average EPS of $1.32. EPS for the following year is $1.33, with 1 analysts recommending between $1.33 and $1.33.
Revenue Estimates
1 analysts predict $333.3M in revenue for the current quarter. It ranges from a high estimate of $333.3M to a low estimate of $333.3M. As of the current estimate, Vector Group Ltd’s year-ago sales were $334M, an estimated decrease of -0.20% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for VGR’s current fiscal year. The highest revenue estimate was $1.5B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.5B. In the same quarter a year ago, actual revenue was $1.42B, up 5.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.58B in the next fiscal year. The high estimate is $1.58B and the low estimate is $1.58B. The average revenue growth estimate for next year is up 5.20% from the average revenue estimate for this year.
