In last trading session, Virgin Galactic Holdings Inc (NYSE:SPCE) saw 3.5 million shares changing hands with its beta currently measuring 2.10. Company’s recent per share price level of $3.22 trading at $0.2 or 6.62% at ring of the bell on the day assigns it a market valuation of $114.41M. That closing price of SPCE’s stock is at a discount of -980.75% from its 52-week high price of $34.80 and is indicating a premium of 9.01% from its 52-week low price of $2.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.96 million shares which gives us an average trading volume of 1.77 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 2.88. 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. The company is expected to be making an EPS of -2.55 in the current quarter.
Virgin Galactic Holdings Inc (NYSE:SPCE) trade information
Upright in the green during last session for gaining 6.62%, in the last five days SPCE remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $3.22 price level, adding 11.05% to its value on the day. Virgin Galactic Holdings Inc’s shares saw a change of -45.24% in year-to-date performance and have moved -7.74% in past 5-day. Virgin Galactic Holdings Inc (NYSE:SPCE) showed a performance of -24.94% in past 30-days. Number of shares sold short was 10.73 million shares which calculate 6.71 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.5 to the stock, which implies a rise of 28.44% 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 10. It follows that stock’s current price would jump 6.83% in reaching the projected high whereas dropping to the targeted low would mean a gain of 6.83% for stock’s current value.
Virgin Galactic Holdings Inc (SPCE) estimates and forecasts
This year revenue growth is estimated to fall -72.20% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 600k for the same. And 6 analysts are in estimates of company making revenue of 641.67k in the next quarter. Company posted 1.99M and 4.22M of sales in current and next quarters respectively a year earlier.
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 8.53% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 32.03% while estimates for its earnings growth in next 5 years are of 48.93%.
Virgin Galactic Holdings Inc (NYSE:SPCE)’s Major holders
Insiders are in possession of 4.74% of company’s total shares while institution are holding 33.03 percent of that, with stock having share float percentage of 34.67%. Investors also watch the number of corporate investors in a company very closely, which is 33.03% 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.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 778.43 shares of worth $2.51 million or 2.19% of the total outstanding shares. The later fund manager was in possession of 702.26 shares on Dec 31, 2024 , making its stake of worth around $2.26 million in the company or a holder of 1.98% of company’s stock.
