In the latest session, VIZIO Holding Corp (NYSE: VZIO) closed at $10.97 up 0.55% from its previous closing price of $10.91. In other words, the price has increased by $+0.06 from its previous closing price. On the day, 4554742 shares were traded.
Ratios:
For a deeper understanding of VIZIO Holding Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Russell David Eugene sold 100,000 shares for $11.03 per share. The transaction valued at 1,103,000 led to the insider holds 2,436,542 shares of the business.
Russell David Eugene sold 300,000 shares of VZIO for $2,973,103 on Feb 13 ’24. The Director now owns 2,536,542 shares after completing the transaction at $9.91 per share. On Sep 07 ’23, another insider, O’Donnell Michael Joseph, who serves as the insider of the company, sold 6,400 shares for $5.91 each. As a result, the insider received 37,805 and left with 354,215 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 1.82B. As of this moment, VIZIO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.91, and their Forward P/E ratio for the next fiscal year is 25.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 4.83. Its current Enterprise Value per Revenue stands at 1.08 whereas that against EBITDA is 56.52.
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 9.19, while the 200-Day Moving Average is calculated to be 7.14.
Shares Statistics:
For the past three months, VZIO has traded an average of 2.42M shares per day and 3.35M over the past ten days. A total of 121.50M shares are outstanding, with a floating share count of 75.63M. Insiders hold about 61.79% of the company’s shares, while institutions hold 24.78% stake in the company. Shares short for VZIO as of Feb 29, 2024 were 11.47M with a Short Ratio of 4.73, compared to 2.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.79% and a Short% of Float of 11.91%.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.07 and a low estimate of -$0.01, while EPS last year was $0. The consensus estimate for the next quarter is $0.05, with high estimates of $0.1 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.42 and $0.15 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.42, with 7 analysts recommending between $0.51 and $0.29.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $381.67M this quarter.It ranges from a high estimate of $397.3M to a low estimate of $345.02M. As of the current estimate, VIZIO Holding Corp’s year-ago sales were $356.7M, an estimated increase of 7.00% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $414.73M, an increase of 9.50% over than the figure of $7.00% in the same quarter last year. There is a high estimate of $444M for the next quarter, whereas the lowest estimate is $372.14M.
A total of 9 analysts have provided revenue estimates for VZIO’s current fiscal year. The highest revenue estimate was $1.92B, while the lowest revenue estimate was $1.78B, resulting in an average revenue estimate of $1.85B. In the same quarter a year ago, actual revenue was $1.68B, up 10.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $2.06B in the next fiscal year. The high estimate is $2.15B and the low estimate is $1.94B. The average revenue growth estimate for next year is up 11.40% from the average revenue estimate for this year.
