In the last trading session, 5.73 million shares of the Virgin Galactic Holdings Inc (NYSE:SPCE) were traded, and its beta was 2.19. Most recently the company’s share price was $3.72, and it changed around $0.04 or 1.09% from the last close, which brings the market valuation of the company to $154.66M. SPCE currently trades at a discount to its 52-week high of $23.00, offering almost -518.28% off that amount. The share price’s 52-week low was $2.18, which indicates that the current value has risen by an impressive 41.4% 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 (NYSE:SPCE) trade information
Instantly SPCE has showed a green trend with a performance of 1.09% 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 5.59 on recent trading dayincreased the stock’s daily price by 33.45%. The company’s shares are currently down -36.73% year-to-date, but still down -22.50% over the last five days. On the other hand, Virgin Galactic Holdings Inc (NYSE:SPCE) is 29.17% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to decrease their stock price by -6.29% from its current value. Analyst projections state that SPCE is forecast to be at a low of $3 and a high of $4.
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 37.23% in 2025, but the outlook is positive 57.90% per year for the next five years.
SPCE Dividends
Virgin Galactic Holdings Inc’s next quarterly earnings report is expected to be released in June.
PORTMAN SQUARE CAPITAL LLP, with 18.0106% or 3.87 million shares worth $1.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Federated Hermes MDT Series-Federated Hermes MDT Small Cap Core Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 778.43 shares worth $2.9 million, making up 1.87% of all outstanding shares. On the other hand, Federated Hermes MDT Series-Federated Hermes MDT Small Cap Core Fund held roughly 682.76 shares worth around $2.54 million, which represents about 1.64% of the total shares outstanding.
