VIZIO Holding Corp (VZIO) Shares Soar Above 1-Year High

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VIZIO Holding Corp (NYSE: VZIO)’s stock price has plunge by 0.36relation to previous closing price of 11.12. Nevertheless, the company has seen a 0.27% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-20 that The channel provides millions of users with free 24/7 access to more than 160 episodes of the beloved animal training series LOS ANGELES, Aug. 20, 2024 /PRNewswire/ —  Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced its Dog Whisperer With Cesar Millan free ad-supported streaming television (FAST) channel is streaming on VIZIO  (NYSE: VZIO) Smart TVs. The Dog Whisperer With Cesar Millan FAST channel gives VIZIO users all nine seasons of the beloved animal training series – more than 160 episodes – on VIZIO WatchFree+ (ch.

Is It Worth Investing in VIZIO Holding Corp (NYSE: VZIO) Right Now?

VIZIO Holding Corp (NYSE: VZIO) has a higher price-to-earnings ratio of 149.40x compared to its average ratio, The 36-month beta value for VZIO is at 2.04. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”

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The public float for VZIO is 75.95M, and currently, shorts hold a 28.70% of that float. The average trading volume for VZIO on August 27, 2024 was 2.20M shares.

VZIO’s Market Performance

The stock of VIZIO Holding Corp (VZIO) has seen a 0.27% increase in the past week, with a 1.45% rise in the past month, and a 5.58% gain in the past quarter. The volatility ratio for the week is 0.54%, and the volatility levels for the past 30 days are at 0.87% for VZIO. The simple moving average for the last 20 days is 0.83% for VZIO stock, with a simple moving average of 15.84% for the last 200 days.

Analysts’ Opinion of VZIO

B. Riley Securities, on the other hand, stated in their research note that they expect to see VZIO reach a price target of $11. The rating they have provided for VZIO stocks is “Buy” according to the report published on December 13th, 2023.

BofA Securities gave a rating of “Underperform” to VZIO, setting the target price at $6 in the report published on August 24th of the previous year.

VZIO Trading at 2.06% from the 50-Day Moving Average

After a stumble in the market that brought VZIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.06% of loss for the given period.

Volatility was left at 0.87%, however, over the last 30 days, the volatility rate increased by 0.54%, as shares surge +1.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.11% upper at present.

During the last 5 trading sessions, VZIO rose by +0.09%, which changed the moving average for the period of 200-days by +99.28% in comparison to the 20-day moving average, which settled at $11.08. In addition, VIZIO Holding Corp saw 44.94% 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 VZIO starting from O’Donnell Michael Joseph, who sale 2,555 shares at the price of $11.13 back on Aug 21 ’24. After this action, O’Donnell Michael Joseph now owns 602,364 shares of VIZIO Holding Corp, valued at $28,445 using the latest closing price.

O’Donnell Michael Joseph, the Officer of VIZIO Holding Corp, proposed sale 2,555 shares at $11.13 during a trade that took place back on Aug 21 ’24, which means that O’Donnell Michael Joseph is holding shares at $28,446 based on the most recent closing price.

Stock Fundamentals for VZIO

Current profitability levels for the company are sitting at:

  • -0.0 for the present operating margin
  • 0.22 for the gross margin

The net margin for VIZIO Holding Corp stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 3.50, with 1.70 for asset returns.

Based on VIZIO Holding Corp (VZIO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -2.17.

Currently, EBITDA for the company is 32.2 million with net debt to EBITDA at -53.63. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 4.74for trailing twelve months and the total asset turnover is 1.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.

Conclusion

In conclusion, VIZIO Holding Corp (VZIO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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