In the last trading session, 1.86 million shares of the Virgin Galactic Holdings Inc (NYSE:SPCE) were traded, and its beta was 2.10. Most recently the company’s share price was $3.40, and it changed around -$0.05 or -1.45% from the last close, which brings the market valuation of the company to $120.79M. SPCE currently trades at a discount to its 52-week high of $36.60, offering almost -976.47% off that amount. The share price’s 52-week low was $3.45, which indicates that the current value has fallen by an impressive -1.47% since then.
Virgin Galactic Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 2 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended SPCE as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Virgin Galactic Holdings Inc is expected to report earnings per share of -2.55 for the current quarter.
Virgin Galactic Holdings Inc (NYSE:SPCE) trade information
Instantly SPCE has showed a red trend with a performance of -1.45% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.50 on recent trading dayincreased the stock’s daily price by 24.44%. The company’s shares are currently down -42.18% year-to-date, but still down -16.26% over the last five days. On the other hand, Virgin Galactic Holdings Inc (NYSE:SPCE) is -28.57% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 32.0% from its current value. Analyst projections state that SPCE is forecast to be at a low of $3 and a high of $10.
Virgin Galactic Holdings Inc (SPCE) estimates and forecasts
The year-over-year growth rate is expected to be -72.20%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 600k in revenue for the current quarter. 6 analysts expect Virgin Galactic Holdings Inc to make 641.67k in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.99M and 4.22M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -69.77%. Forecasts for the next quarter put sales growth at -84.79%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.53%. Virgin Galactic Holdings Inc earnings are expected to increase by 35.64% in 2025, but the outlook is positive 68.12% per year for the next five years.
SPCE Dividends
Virgin Galactic Holdings Inc’s next quarterly earnings report is expected to be released in April.
IFP ADVISORS, INC, with 0.0001% or 430.0 shares worth $294.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 702.26 shares worth $2.39 million, making up 1.98% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 595.18 shares worth around $2.02 million, which represents about 1.68% of the total shares outstanding.
