The stock of Vital Farms Inc (VITL) has gone up by 33.43% for the week, with a 51.77% rise in the past month and a 145.85% rise in the past quarter. The volatility ratio for the week is 3.28%, and the volatility levels for the past 30 days are 3.89% for VITL. The simple moving average for the past 20 days is 41.11% for VITL’s stock, with a 139.09% simple moving average for the past 200 days.
Is It Worth Investing in Vital Farms Inc (NASDAQ: VITL) Right Now?
Vital Farms Inc (NASDAQ: VITL) has a price-to-earnings ratio of 63.76x that is above its average ratio. Additionally, the 36-month beta value for VITL is 0.81. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VITL is 27.26M and currently, short sellers hold a 6.53% ratio of that float. The average trading volume of VITL on May 09, 2024 was 518.20K shares.
VITL) stock’s latest price update
Vital Farms Inc (NASDAQ: VITL)’s stock price has surge by 25.84relation to previous closing price of 29.91. Nevertheless, the company has seen a 33.43% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-09 that Vital Farms (VITL) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago.
Analysts’ Opinion of VITL
DA Davidson, on the other hand, stated in their research note that they expect to see VITL reach a price target of $21. The rating they have provided for VITL stocks is “Buy” according to the report published on December 08th, 2023.
TD Cowen gave a rating of “Market Perform” to VITL, setting the target price at $13 in the report published on September 13th of the previous year.
VITL Trading at 57.75% from the 50-Day Moving Average
After a stumble in the market that brought VITL to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 25.26% of gains for the given period.
Volatility was left at 3.89%, however, over the last 30 days, the volatility rate increased by 3.28%, as shares surge +48.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +119.16% upper at present.
During the last 5 trading sessions, VITL rose by +35.41%, which changed the moving average for the period of 200-days by +257.34% in comparison to the 20-day moving average, which settled at $27.30. In addition, Vital Farms Inc saw 139.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VITL starting from OHAYER MATTHEW, who sale 20,000 shares at the price of $25.12 back on Apr 19 ’24. After this action, OHAYER MATTHEW now owns 7,442,777 shares of Vital Farms Inc, valued at $502,400 using the latest closing price.
Diez-Canseco Russell, the PRESIDENT AND CEO of Vital Farms Inc, sale 36,948 shares at $25.07 during a trade that took place back on Apr 12 ’24, which means that Diez-Canseco Russell is holding 368,753 shares at $926,286 based on the most recent closing price.
Stock Fundamentals for VITL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.34 for the gross margin
The net margin for Vital Farms Inc stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 14.57, with 10.44 for asset returns.
Based on Vital Farms Inc (VITL), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 1.41. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 42.82.
Currently, EBITDA for the company is 45.31 million with net debt to EBITDA at -1.16. When we switch over and look at the enterprise to sales, we see a ratio of 3.45. The receivables turnover for the company is 11.93for trailing twelve months and the total asset turnover is 1.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
In conclusion, Vital Farms Inc (VITL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
