VIZIO Holding Corp (VZIO) Shares Rise Despite Market Challenges

VIZIO Holding Corp (NYSE: VZIO)’s stock price has increased by 0.09 compared to its previous closing price of 11.15. However, the company has seen a 0.27% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-10-31 that SEATTLE–(BUSINESS WIRE)–NewsON, the nation’s premier streaming service for local news content, today announced their free streaming app is now available on VIZIO TVs. VIZIO users can enjoy NewsON’s ad-supported access to a comprehensive range of local news content at no cost, including live newscasts or catch up on other recent newscasts at their convenience, on-demand. The app experience offers over 285 trusted TV stations spanning 135+ markets, covering over 90% of the U.S. Additionally, 19.

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

The price-to-earnings ratio for VIZIO Holding Corp (NYSE: VZIO) is above average at 149.40x. The 36-month beta value for VZIO is also noteworthy at 2.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”

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The public float for VZIO is 77.35M, and at present, short sellers hold a 42.49% of that float. The average trading volume of VZIO on November 05, 2024 was 1.94M shares.

VZIO’s Market Performance

VZIO’s stock has seen a 0.27% increase for the week, with a -0.98% drop in the past month and a 1.45% gain in the past quarter. The volatility ratio for the week is 0.69%, and the volatility levels for the past 30 days are at 0.68% for VIZIO Holding Corp The simple moving average for the last 20 days is -0.48% for VZIO stock, with a simple moving average of 4.99% 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 -0.46% 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 -1.85% of loss for the given period.

Volatility was left at 0.68%, however, over the last 30 days, the volatility rate increased by 0.69%, as shares sank -1.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.09% upper at present.

During the last 5 trading sessions, VZIO rose by +0.27%, which changed the moving average for the period of 200-days by +58.07% in comparison to the 20-day moving average, which settled at $11.21. 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 1.19. 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 summary, VIZIO Holding Corp (VZIO) has had a better 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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