Barclays raised the price target for the Vector Group Ltd (NYSE:VGR) stock from “an Equal weight” to “an Overweight”. The rating was released on March 31, 2022, according to finviz. We previously noted in another research note published on November 15, 2021 by Barclays that upgraded the stock from an Underweight to an Equal weight with a price target of $17 for VGR stock. The research report from Oppenheimer has upgraded the stock from Perform to Outperform, with a price target set at $18. The stock was downgraded by Barclays, who disclosed in a research note on September 13, 2021, from Equal Weight to Underweight and set the price objective to $13. In their research brief published October 05, 2020, Barclays analysts initiated the Vector Group Ltd stock to Equal Weight with a price target of $11.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.37 during the last quarter as opposed to a consensus estimate of $0.32, which indicates the company beat its estimate by $0.05, which implies that the company surprised the market by 15.60%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is $0.25. This is an average of 1 analysts’ earnings, where the high earnings per share estimate is $0.25 and the low earnings per share estimate is $0.25. According to 1 analyst estimates, an average revenue estimate of $333.3M is projected for the current quarter with a high revenue estimate of $333.3M and a low estimate of $333.3M.
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The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -3.19% within the last five trades and -9.90% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -9.66% in the last 6 months and -9.17% was subtracted to its value over the previous 3 months. VGR stock is trading at a margin of -6.62%, -7.23% and -10.07% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, VGR deals in the Consumer Defensive domain. The stock is trading -25.47 percent below its 52-week high and 2.14 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -21.71. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Vector Group Ltd’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 23.64 percent and the profit margin is 12.53 percent, and the company has reported a gross margin of 32.22 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.58 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Vector Group Ltd (NYSE:VGR) is 8.62. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 6.90. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.11 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 14.36 percent of Vector Group Ltd shares are owned by insiders, and 64.35 percent are held by financial institutions. LEBOW BENNETT S, the Director at Vector Group Ltd (VGR) has sold 121,054 shares of firm on Dec 14 ’23 at a price of $11.69 against the total amount of $1.42 million. In another inside trade, LEBOW BENNETT S, Director of Vector Group Ltd (NYSE:VGR) sold 50,000 shares of the firm on Dec 13 ’23 for a total worth of $0.58 million at a price of $11.68. An inside trade which took place on Sep 11 ’23, of Vector Group Ltd KIRKLAND J BRYANT III bought 10,000 shares of firm against total price of $0.1 million at the cost of $10.32 per share.
