VIZIO Holding Corp. (NYSE:VZIO) has seen 1.21 million shares traded in the last trading session. The company, currently valued at $3.66B, closed the last trade at $19.22 per share which meant it lost -$0.58 on the day or -2.93% during that session. The VZIO stock price is -49.84% off its 52-week high price of $28.80 and 10.25% above the 52-week low of $17.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 million shares traded. The 3-month trading volume is 866.63K shares.
The consensus among analysts is that VIZIO Holding Corp. (VZIO) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.09.
VIZIO Holding Corp. (NYSE:VZIO) trade information
Sporting -2.93% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the VZIO stock price touched $19.22 or saw a rise of 8.74%. Year-to-date, VIZIO Holding Corp. shares have moved 0.63%, while the 5-day performance has seen it change -2.93%. Over the past 30 days, the shares of VIZIO Holding Corp. (NYSE:VZIO) have changed -10.94%. Short interest in the company has seen 2.84 million shares shorted with days to cover at 4.34.
Wall Street analysts have a consensus price target for the stock at $31.29, which means that the shares’ value could jump 38.57% from current levels. The projected low price target is $30.00 while the price target rests at a high of $34.00. In that case, then, we find that the current price level is -76.9% off the targeted high while a plunge would see the stock gain -56.09% from current levels.
VIZIO Holding Corp. (VZIO) estimates and forecasts
7 analysts offering their estimates for the company have set an average revenue estimate of $401.16 million for the current quarter. 7 have an estimated revenue figure of $629.9 million for the next quarter concluding in Sep 2021.
VIZIO Holding Corp. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
VIZIO Holding Corp. (NYSE:VZIO)’s Major holders
Insiders own 73.14% of the company shares, while shares held by institutions stand at 14.34% with a share float percentage of 53.36%. Investors are also buoyed by the number of investors in a company, with VIZIO Holding Corp. having a total of 77 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 1.66 million shares worth more than $44.75 million. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 1.92% of shares outstanding.
The other major institutional holder is FMR, LLC, with the holding of over 1.19 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $32.03 million and represent 1.37% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are John Hancock Small Cap Core Fd and Vanguard Small-Cap Index Fund. As of Jun 29, 2021, the former fund manager holds about 0.94% shares in the company for having 0.81 million shares of worth $21.97 million while later fund manager owns 0.53 million shares of worth $14.23 million as of Jun 29, 2021, which makes it owner of about 0.61% of company’s outstanding stock.