During the last session, Velo3D Inc. (NYSE:VLD)’s traded shares were 1.47 million. At the end of the trading day, the stock’s price was $1.75, reflecting an intraday gain of 0.57% or $0.01. The 52-week high for the VLD share is $13.18, that puts it down -653.14 from that peak though still a striking 10.29% gain since the share price plummeted to a 52-week low of $1.57. The company’s market capitalization is $299.79M, and the average trade volume was 1.87 million shares over the past three months.
Velo3D Inc. (VLD) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.20. VLD has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.11.
Velo3D Inc. (NYSE:VLD) trade information
Velo3D Inc. (VLD) registered a 0.57% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.57% in intraday trading to $1.75 this Thursday, 06/23/22, hitting a weekly high. The stock’s 5-day price performance is -0.57%, and it has moved by -28.86% in 30 days. Based on these gigs, the overall price performance for the year is -82.48%.
The consensus price target of analysts on Wall Street is $4.67, which implies an increase of 62.53% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.00 and $6.00 respectively. As a result, VLD is trading at a discount of -242.86% off the target high and -14.29% off the low.
Velo3D Inc. (VLD) estimates and forecasts
Statistics show that Velo3D Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Velo3D Inc. (VLD) shares have gone down -76.26% during the last six months, with a year-to-date growth rate more than the industry average at 65.29% against 14.60. In the rating firms’ projections, revenue will increase 217.40% compared to the previous financial year.
Revenue for the current quarter is expected to be $12.01 million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $17.88 million by the end of Jun 2022.
While earnings are projected to return 59.50% in 2022, the next five years will return 31.50% per annum.
Velo3D Inc. is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Velo3D Inc. (NYSE:VLD)’s Major holders
Velo3D Inc. insiders own 15.13% of total outstanding shares while institutional holders control 53.69%, with the float percentage being 63.26%. Deer Management Co. LLC is the largest shareholder of the company, while 74 institutions own stock in it. As of Dec 30, 2021, the company held over 37.86 million shares (or 20.63% of all shares), a total value of $295.72 million in shares.
The next largest institutional holding, with 37.86 million shares, is of Deer Management Co. LLC’s that is approximately 20.63% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $295.72 million.
Also, the Mutual Funds coming in first place with the largest holdings of Velo3D Inc. (VLD) shares are ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and Baron Growth Fund. Data provided on Feb 27, 2022 indicates that ARK ETF Tr-ARK Autonomous Technology & Robotics ETF owns about 5.78 million shares. This amounts to just over 3.15 percent of the company’s overall shares, with a $47.02 million market value. The same data shows that the other fund manager holds slightly less at 3.46 million, or about 1.88% of the stock, which is worth about $27.01 million.