In last trading session, Velodyne Lidar, Inc. (NASDAQ:VLDR) saw 1,724,172 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $16.96 trading at -$0.31 or -1.8% at ring of the bell on the day assigns it a market valuation of $2.93 Billion. That closing price of VLDR’s stock is at a discount of -48.29% from its 52-week high price of $25.15 and is indicating a premium of 40.39% from its 52-week low price of $10.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.73 Million shares which gives us an average trading volume of 4.36 Million if we extend that period to 3-months.
For Velodyne Lidar, Inc. (VLDR), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 1. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.3 in the current quarter.
Velodyne Lidar, Inc. (NASDAQ:VLDR) trade information
Wall Street analysts have assigned a consensus price target of $28 to the stock, which implies a rise of 65.09% to its current value. Analysts have been projecting $28 as a low price target for the stock while placing it at a high target of $28. It follows that stock’s current price would jump +65.09% in reaching the projected high whereas dropping to the targeted low would mean a loss of 65.09% for stock’s current value.
Velodyne Lidar, Inc. (VLDR) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $29.46 Million for the same. And 1 analysts are in estimates of company making revenue of $42.72 Million in the next quarter that will end in December 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -439.6% while estimates for its earnings growth in next 5 years are of 0%