Vivid Seats Inc (NASDAQ:SEAT) – Investors View The Stock Differently Today

In the last trading session, 1.13 million shares of the Vivid Seats Inc (NASDAQ:SEAT) were traded, and its beta was 1.16. Most recently the company’s share price was $2.76, and it changed around -$0.1 or -3.50% from the last close, which brings the market valuation of the company to $576.63M. SEAT currently trades at a discount to its 52-week high of $6.09, offering almost -120.65% off that amount. The share price’s 52-week low was $2.36, which indicates that the current value has risen by an impressive 14.49% since then. We note from Vivid Seats Inc’s average daily trading volume that its 10-day average is 1.84 million shares, with the 3-month average coming to 1.49 million.

Vivid Seats Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.92. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended SEAT as a Hold, whereas 7 deemed it a Buy, and 1 rated it as Underweight. Vivid Seats Inc is expected to report earnings per share of 0.07 for the current quarter.

Vivid Seats Inc (NASDAQ:SEAT) trade information

Instantly SEAT has showed a red trend with a performance of -3.50% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.90 on recent trading dayincreased the stock’s daily price by 4.83%. The company’s shares are currently down -40.39% year-to-date, but still up 12.65% over the last five days. On the other hand, Vivid Seats Inc (NASDAQ:SEAT) is 2.99% up in the 30-day period. We can see from the shorts that 10.23 million shares have been sold at a short interest cover period of 5.0 day(s).

The consensus price target as assigned by Wall Street analysts is $4.2, which translates to bulls needing to increase their stock price by 34.29% from its current value. Analyst projections state that SEAT is forecast to be at a low of $4.2 and a high of $4.2.

Vivid Seats Inc (SEAT) estimates and forecasts

The year-over-year growth rate is expected to be -1.48%, down from the previous year.

Consensus estimates provided by 10 financial analysts predict the company will bring in an average of 169.7M in revenue for the current quarter. 10 analysts expect Vivid Seats Inc to make 180.39M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 190.85M and 198.32M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -11.08%. Forecasts for the next quarter put sales growth at -9.04%.

Vivid Seats Inc earnings are expected to increase by -9.71% in 2025, but the outlook is positive 47.56% per year for the next five years.

SEAT Dividends

Vivid Seats Inc’s next quarterly earnings report is expected to be released on 2025-Mar-11.

Vivid Seats Inc (NASDAQ:SEAT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 14.67% of Vivid Seats Inc shares, and 88.06% of them are in the hands of institutional investors. The stock currently has a share float of 103.19%. Vivid Seats Inc stock is held by 175.0 institutions, with SECURITY BENEFIT LIFE INSURANCE CO /KS/ being the largest institutional investor. By 2024-06-30, it held 33.2634% of the shares, which is about 43.84 million shares worth $252.09 million.

FMR LLC, with 4.3811% or 5.77 million shares worth $33.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.