In last trading session, Virgin Galactic Holdings Inc (NYSE:SPCE) saw 2.18 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $7.71 trading at $0.65 or 9.21% at ring of the bell on the day assigns it a market valuation of $219.58M. That closing price of SPCE’s stock is at a discount of -608.17% from its 52-week high price of $54.60 and is indicating a premium of 31.78% from its 52-week low price of $5.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.01 million shares which gives us an average trading volume of 1.46 million if we extend that period to 3-months.

For Virgin Galactic Holdings Inc (SPCE), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.10. Splitting up the data highlights that, out of 9 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Virgin Galactic Holdings Inc (NYSE:SPCE) trade information

Upright in the green during last session for gaining 9.21%, in the last five days SPCE remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $7.71 price level, adding 1.41% to its value on the day. Virgin Galactic Holdings Inc’s shares saw a change of -84.27% in year-to-date performance and have moved 23.36% in past 5-day. Virgin Galactic Holdings Inc (NYSE:SPCE) showed a performance of 18.62% in past 30-days. Number of shares sold short was 7.14 million shares which calculate 5.58 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 22.9% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 48. It follows that stock’s current price would jump 61.09% in reaching the projected high whereas dropping to the targeted low would mean a gain of 61.09% for stock’s current value.

Virgin Galactic Holdings Inc (SPCE) estimates and forecasts

Statistics highlight that Virgin Galactic Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -54.97% of value to its shares in past 6 months, showing an annual growth rate of 36.42% while that of industry is 11.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

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 -15.86% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 40.44% while estimates for its earnings growth in next 5 years are of 19.40%.

Virgin Galactic Holdings Inc (NYSE:SPCE)’s Major holders

Insiders are in possession of 5.91% of company’s total shares while institution are holding 27.36 percent of that, with stock having share float percentage of 29.08%. Investors also watch the number of corporate investors in a company very closely, which is 27.36% institutions for Virgin Galactic Holdings Inc that are currently holding shares of the company. BREVAN HOWARD CAPITAL MANAGEMENT LP is the top institutional holder at SPCE for having 15249.0 shares of worth $0.13 million. And as of 2024-06-30, it was holding 0.0038 of the company’s outstanding shares.

The second largest institutional holder is IFP ADVISORS, INC, which was holding about 430.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0001 of outstanding shares, having a total worth of $294.0.