In the past week, VCTR stock has gone down by -6.65%, with a monthly gain of 11.21% and a quarterly surge of 32.50%. The volatility ratio for the week is 1.50%, and the volatility levels for the last 30 days are 2.64% for Victory Capital Holdings Inc The simple moving average for the past 20 days is -1.02% for VCTR’s stock, with a 35.21% simple moving average for the past 200 days.
Is It Worth Investing in Victory Capital Holdings Inc (NASDAQ: VCTR) Right Now?
Victory Capital Holdings Inc (NASDAQ: VCTR) has a price-to-earnings ratio that is above its average at 14.94x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for VCTR is 43.21M, and at present, short sellers hold a 3.41% of that float. On May 10, 2024, the average trading volume of VCTR was 423.15K shares.
VCTR) stock’s latest price update
The stock price of Victory Capital Holdings Inc (NASDAQ: VCTR) has dropped by -6.76 compared to previous close of 52.25. Despite this, the company has seen a fall of -6.65% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-09 that Although the revenue and EPS for Victory Capital (VCTR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of VCTR
Many brokerage firms have already submitted their reports for VCTR stocks, with UBS repeating the rating for VCTR by listing it as a “Neutral.” The predicted price for VCTR in the upcoming period, according to UBS is $33 based on the research report published on October 11, 2023 of the previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see VCTR reach a price target of $46, previously predicting the price at $39. The rating they have provided for VCTR stocks is “Outperform” according to the report published on July 10th, 2023.
Piper Sandler gave a rating of “Overweight” to VCTR, setting the target price at $35 in the report published on March 27th of the previous year.
VCTR Trading at 9.82% from the 50-Day Moving Average
After a stumble in the market that brought VCTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.70% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares surge +11.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.80% upper at present.
During the last 5 trading sessions, VCTR fell by -8.11%, which changed the moving average for the period of 200-days by +41.81% in comparison to the 20-day moving average, which settled at $49.47. In addition, Victory Capital Holdings Inc saw 41.46% 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 VCTR starting from Brown David Craig, who sale 127,496 shares at the price of $33.98 back on Jul 18 ’23. After this action, Brown David Craig now owns 1,927,038 shares of Victory Capital Holdings Inc, valued at $4,332,314 using the latest closing price.
Brown David Craig, the Chairman and CEO of Victory Capital Holdings Inc, sale 20,757 shares at $33.55 during a trade that took place back on Jul 17 ’23, which means that Brown David Craig is holding 2,054,534 shares at $696,397 based on the most recent closing price.
Stock Fundamentals for VCTR
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 0.6 for the gross margin
The net margin for Victory Capital Holdings Inc stands at 0.26. The total capital return value is set at 0.14. Equity return is now at value 20.66, with 8.72 for asset returns.
Based on Victory Capital Holdings Inc (VCTR), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 5.42.
Currently, EBITDA for the company is 418.98 million with net debt to EBITDA at 2.2. When we switch over and look at the enterprise to sales, we see a ratio of 4.9. The receivables turnover for the company is 9.38for trailing twelve months and the total asset turnover is 0.32.
Conclusion
To sum up, Victory Capital Holdings Inc (VCTR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
