Virgin Galactic Holdings Inc (NYSE:SPCE) has a beta value of 2.13 and has seen 0.5 million shares traded in the recent trading session. The company, currently valued at $131.22M, closed the recent trade at $3.28 per share which meant it gained $0.21 on the day or 6.88% during that session. The SPCE stock price is -759.76% off its 52-week high price of $28.20 and 33.54% above the 52-week low of $2.18.
The consensus among analysts is that Virgin Galactic Holdings Inc (SPCE) is Hold stock at the moment, with a recommendation rating of 3.00. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 9 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Virgin Galactic Holdings Inc (NYSE:SPCE) trade information
Sporting 6.88% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SPCE stock price touched $3.28 or saw a rise of 1.2%. Year-to-date, Virgin Galactic Holdings Inc shares have moved -44.20%, while the 5-day performance has seen it change 11.23%. Over the past 30 days, the shares of Virgin Galactic Holdings Inc (NYSE:SPCE) have changed 28.67%.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump 6.29% from the levels at last check today.. The projected low price target is $3.0 while the price target rests at a high of $4.0. In that case, then, we find that the latest price level in today’s session is -21.95% off the targeted high while a plunge would see the stock lose 8.54% from the levels at last check today..
Virgin Galactic Holdings Inc (SPCE) estimates and forecasts
The company’s shares have lost -53.92% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.53% over the past 5 years. Earnings growth for 2025 is a modest 35.49% while over the next 5 years, the company’s earnings are expected to increase by 54.52%.
SPCE Dividends
Virgin Galactic Holdings Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Virgin Galactic Holdings Inc (NYSE:SPCE)’s Major holders
The top two institutional holders are WOLVERINE ASSET MANAGEMENT LLC with over 6.6 million shares worth more than $55.65 million. As of 2024-06-30, WOLVERINE ASSET MANAGEMENT LLC held 30.7247% of shares outstanding.
The other major institutional holder is PORTMAN SQUARE CAPITAL LLP, with the holding of over 3.87 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.63 million and represent 18.0106% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Federated Hermes MDT Series-Federated Hermes MDT Small Cap Core Fund . As of Dec 31, 2024 , the former fund manager holds about 1.95% shares in the company for having 778.43 shares of worth $2.57 million while later fund manager owns 682.76 shares of worth $2.25 million as of Jan 31, 2025 , which makes it owner of about 1.71% of company’s outstanding stock.
