VIZIO Holding Corp. (NYSE: VZIO) traded at $ 19.86 at the close of Tuesday 8/17/21 trading, made a downward movement of -3.59% from its price the previous day.
Looking at the stock, we see that its previous close was $ 20.60, with today’s price range being $ 19.37 to $ 20.68. In terms of the 52 week price range, VZIO has a high of $ 28.80 and a low of $ 17.25. The company’s shares have lost around -22.96% in the past 30 days.
VIZIO Holding Corp. has a market cap of $ 3.64 billion and is expected to release its quarterly earnings report on August 4, 2021. Analysts’ estimates give the company an expected earnings per share (EPS) of $ -0.09, with the EPS growth for the year raised to – $ 0.26 for 2021 and $ 0.26 for next year.
Analysts who follow the growth of the company have also attributed it a consensus growth in revenue estimated at $ 401.16 million, with a low of $ 347 million and a high of $ 458.8 million.
There has been no upward or downward revision to the stock’s EPS in the past 7 days, reflecting the nature of the company’s price movement in the short term.
Based on estimates from 6 analysts, where scores ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 rated VIZIO Holding Corp. stock. (VZIO) as an expectation, while 6 rate it as a buy. 0 analyst (s) rate it as overweight while 0 of them rate it as underweight, while 0 suggests the stock as a sell. The stock has an overall Buy rating and investors could take advantage of this and get back shares of the company.
Looking further, we notice that the current price point is -13.37% from its SMA20 and -16.63% from its 50-day simple moving average. The RSI (14) peaks at 31.56 while volatility over the past week is 5.92% and climbs to 5.61% over the past month. The average price target for the stock over the next 12 months is $ 30.83, with estimates having a low of $ 30.00 and a high of $ 31.00. These prices end at -51.06% and -56.09% respectively from the current price level, although investors may be excited about the prospect of -56.09% if the stock price VZIO hits the median price of $ 31.00.
Coming back to VIZIO Holding Corp. (NYSE: VZIO), we note that the 3-month average trading volume was 752.17K. The current shares outstanding are 184.27 million.
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Insiders own 38.90% of the company’s shares while institutions hold 15.00%. Investors should be excited about this stock as it has significant upside potential, with the current price pushing the stock up 3.98% from the price movement since the start of the year.