VIZIO Holding Corp (VZIO): Why Is The Stock Strong?

VIZIO Holding Corp (NYSE:VZIO) has a beta value of 2.10 and has seen 2.01 million shares traded in the recent trading session. The company, currently valued at $2.09B, closed the recent trade at $10.58 per share which meant it lost -$0.22 on the day or -2.04% during that session. The VZIO stock price is -6.62% off its 52-week high price of $11.28 and 54.44% above the 52-week low of $4.82. The 3-month trading volume is 3.24 million shares.

VIZIO Holding Corp (NYSE:VZIO) trade information

Sporting -2.04% in the red today, the stock has traded in the red over the last five days, when the VZIO stock price touched $10.58 or saw a rise of 2.58%. Year-to-date, VIZIO Holding Corp shares have moved 37.40%, while the 5-day performance has seen it change -1.58%. Over the past 30 days, the shares of VIZIO Holding Corp (NYSE:VZIO) have changed -3.20%.

VIZIO Holding Corp (VZIO) estimates and forecasts

Figures show that VIZIO Holding Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 116.80% over the past 6 months, with this year growth rate of 42.86%, compared to 18.80% for the industry. Revenue growth from the last financial year stood is estimated to be 9.70%.

8 analysts offering their estimates for the company have set an average revenue estimate of $378.97 million for the current quarter. 8 have an estimated revenue figure of $413.31 million for the next quarter concluding in Jun 2024. Year-ago sales stood $356.7 million and $378.61 million respectively for this quarter and the next, and analysts expect sales will grow by 6.20% for the current quarter and 9.20% for the next.

VZIO Dividends

VIZIO Holding Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.