The price of Velo3D Inc (NYSE: VLD) closed at $0.45 in the last session, down -3.08% from day before closing price of $0.46. In other words, the price has decreased by -$0.0143 from its previous closing price. On the day, 4269924 shares were traded. VLD stock price reached its highest trading level at $0.4940 during the session, while it also had its lowest trading level at $0.4210.
Ratios:
We take a closer look at VLD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, Credit Suisse on August 17, 2022, initiated with a Neutral rating and assigned the stock a target price of $5.40.
On March 04, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $7.
On October 26, 2021, Needham started tracking the stock assigning a Buy rating and target price of $15.Needham initiated its Buy rating on October 26, 2021, with a $15 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 28 ’24 when Buller Benyamin sold 2,000 shares for $0.43 per share. The transaction valued at 864 led to the insider holds 5,020,706 shares of the business.
Buller Benyamin sold 2,000 shares of VLD for $699 on Mar 27 ’24. The Director now owns 5,022,706 shares after completing the transaction at $0.35 per share. On Mar 26 ’24, another insider, Buller Benyamin, who serves as the Director of the company, sold 2,000 shares for $0.56 each. As a result, the insider received 1,113 and left with 5,024,706 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, VLD now has a Market Capitalization of 117.79M and an Enterprise Value of 132.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.71 whereas that against EBITDA is -1.14.
Stock Price History:
Over the past 52 weeks, VLD has reached a high of $2.50, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is 0.3508, while the 200-Day Moving Average is calculated to be 1.0899.
Shares Statistics:
According to the various share statistics, VLD traded on average about 6.73M shares per day over the past 3-months and 9.39M shares per day over the past 10 days. A total of 258.42M shares are outstanding, with a floating share count of 140.85M. Insiders hold about 46.18% of the company’s shares, while institutions hold 29.80% stake in the company. Shares short for VLD as of Mar 15, 2024 were 32.24M with a Short Ratio of 4.79, compared to 22.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.48% and a Short% of Float of 20.03%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.08, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.51 and -$0.51 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.31, with 1 analysts recommending between -$0.31 and -$0.31.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $1.81M. It ranges from a high estimate of $19.5M to a low estimate of $19.5M. As of the current estimate, Velo3D Inc’s year-ago sales were $29.78M, an estimated decrease of -93.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $20.9M, a decrease of -19.80% over than the figure of -$93.90% in the same quarter last year. There is a high estimate of $20.9M for the next quarter, whereas the lowest estimate is $20.9M.
A total of 1 analysts have provided revenue estimates for VLD’s current fiscal year. The highest revenue estimate was $107.24M, while the lowest revenue estimate was $107.24M, resulting in an average revenue estimate of $77.56M. In the same quarter a year ago, actual revenue was $80.76M, down -4.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $121.29M in the next fiscal year. The high estimate is $121.29M and the low estimate is $121.29M. The average revenue growth estimate for next year is up 56.40% from the average revenue estimate for this year.
