Vector Group Ltd (VGR) Shares Down Despite Recent Market Volatility

Vector Group Ltd (NYSE: VGR) has seen a decline in its stock price by -0.20 in relation to its previous close of 14.93. However, the company has experienced a -0.13% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-17 that NEW YORK, Sept. 17, 2024 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Vector Group Ltd.

Is It Worth Investing in Vector Group Ltd (NYSE: VGR) Right Now?

The price-to-earnings ratio for Vector Group Ltd (NYSE: VGR) is above average at 11.80x. The 36-month beta value for VGR is also noteworthy at 1.06. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for VGR is 132.90M, and at present, short sellers hold a 3.68% of that float. The average trading volume of VGR on September 24, 2024 was 2.21M shares.

VGR’s Market Performance

VGR stock saw a decrease of -0.13% in the past week, with a monthly decline of -1.65% and a quarterly a decrease of 35.45%. The volatility ratio for the week is 0.35%, and the volatility levels for the last 30 days are 0.41% for Vector Group Ltd (VGR). The simple moving average for the last 20 days is -0.61% for VGR stock, with a simple moving average of 29.23% for the last 200 days.

Analysts’ Opinion of VGR

Many brokerage firms have already submitted their reports for VGR stocks, with Barclays repeating the rating for VGR by listing it as a “Overweight.” The predicted price for VGR in the upcoming period, according to Barclays is $16 based on the research report published on March 31, 2022 of the previous year 2022.

Barclays, on the other hand, stated in their research note that they expect to see VGR reach a price target of $17, previously predicting the price at $13. The rating they have provided for VGR stocks is “Equal Weight” according to the report published on November 15th, 2021.

Oppenheimer gave a rating of “Outperform” to VGR, setting the target price at $18 in the report published on November 09th of the previous year.

VGR Trading at 8.39% from the 50-Day Moving Average

After a stumble in the market that brought VGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.09% of loss for the given period.

Volatility was left at 0.41%, however, over the last 30 days, the volatility rate increased by 0.35%, as shares sank -1.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.36% upper at present.

During the last 5 trading sessions, VGR fell by -0.13%, which changed the moving average for the period of 200-days by +33.75% in comparison to the 20-day moving average, which settled at $14.98. In addition, Vector Group Ltd saw 32.09% 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 VGR starting from LEBOW BENNETT S, who sale 121,054 shares at the price of $11.69 back on Dec 14 ’23. After this action, LEBOW BENNETT S now owns 23,750 shares of Vector Group Ltd, valued at $1,415,605 using the latest closing price.

LEBOW BENNETT S, the Director of Vector Group Ltd, sale 50,000 shares at $11.68 during a trade that took place back on Dec 13 ’23, which means that LEBOW BENNETT S is holding 144,804 shares at $583,945 based on the most recent closing price.

Stock Fundamentals for VGR

Current profitability levels for the company are sitting at:

  • 0.24 for the present operating margin
  • 0.33 for the gross margin

The net margin for Vector Group Ltd stands at 0.14. The total capital return value is set at 0.42.

Based on Vector Group Ltd (VGR), the company’s capital structure generated 2.07 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at -1.93. The interest coverage ratio of the stock is 3.2.

Currently, EBITDA for the company is 347.0 million with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 2.35. The receivables turnover for the company is 47.02for trailing twelve months and the total asset turnover is 1.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.

Conclusion

In summary, Vector Group Ltd (VGR) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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