In the last trading session, 3.29 million VinFast Auto Ltd. (NASDAQ:VFS) shares changed hands as the company’s beta touched 0.26. With the company’s per share price at $5.41 changed hands at -$0.34 or -5.91% during last session, the market valuation stood at $12.48B. VFS’s last price was a discount, traded about -1619.04% off its 52-week high of $93.00. The share price had its 52-week low at $4.59, which suggests the last value was 15.16% up since then. When we look at VinFast Auto Ltd.’s average trading volume, we note the 10-day average is 3.39 million shares, with the 3-month average coming to 5.17 million.
Analysts gave the VinFast Auto Ltd. (VFS) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended VFS as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. VinFast Auto Ltd.’s EPS for the current quarter is expected to be -$0.22.
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VinFast Auto Ltd. (NASDAQ:VFS) trade information
Instantly VFS was in red as seen at the end of in last trading. With action -10.87%, the performance over the past five days has been red. The drop to weekly highs of 6.36 on Friday, 11/17/23 subtracted -5.91% to the stock’s daily price. The company’s shares are showing year-to-date downside of -45.90%, with the 5-day performance at -10.87% in the red. However, in the 30-day time frame, VinFast Auto Ltd. (NASDAQ:VFS) is -4.92% down. Looking at the short shares, we see there were 9.58 million shares sold at short interest cover period of 2.07 days.
The consensus price target for the stock as assigned by Wall Street analysts is $9.00, meaning bulls need an upside of 39.89% from its current market value. According to analyst projections, VFS’s forecast low is $7.00 with $11.00 as the target high. To hit the forecast high, the stock’s price needs a -103.33% plunge from its current level, while the stock would need to soar -29.39% for it to hit the projected low.
VinFast Auto Ltd. (VFS) estimates and forecasts
Data shows that the VinFast Auto Ltd. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -47.53% over the past 6 months, a -268.42% in annual growth rate that is considerably lower than the industry average of 15.20%.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $555.25 million. 2 analysts are of the opinion that VinFast Auto Ltd.’s revenue for the quarter ending Mar 2024 will be $543 million.
VFS Dividends
VinFast Auto Ltd. is expected to release its next quarterly earnings report in December.