Vector Group Ltd. (NYSE:VGR) finished Friday with a subtraction of -$0.17 to close at $11.08, a downside of -1.51 percent. An average of 920,680 shares of common stock have been traded in the last five days. There was a fall of -$0.51 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 681,910 shares traded, while the 50-day average volume stands at 688,976.
VGR stock has decreased by -16.31% in the last month. The company shares reached their 1-month lowest point of $10.85 on 08/08/23. With the stock rallying to its 52-week high on 02/17/23, shares of the company touched a low of $8.64 and a high of $14.39 in 52 weeks. It has reached a new high 10 times so far this year and lost -6.58% or -$0.78 in price. In spite of this, the price is down -23.00% from the 52-week high.
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Insider Transactions
VGR stock investors should be aware that Vector Group Ltd. (VGR) stock had its last reported insider trading activity 64 days ago on Jun 09. In this transaction, the insider spent $1,018,616. Director, LEBOW BENNETT S, disposed of 80,000 shares at a price of $12.93 on Jun 08. The insider now owns more than $1,034,696 worth of shares. Prior to that, Director LEBOW BENNETT S went on to Sale 117,474 shares at $12.09 each on Mar 10. An amount of $1,420,449 was transacted.
Valuation Metrics
Vector Group Ltd. (VGR) has a trailing price-to-earnings (P/E) ratio of 10.80. The stock’s beta is 1.14. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.33, and the price-to-cash flow ratio at 45.39.
The company has a payout ratio of 79.50%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest decrease dividend $0.20 reported on Monday March 9 2020.
Financial Health
The quick ratio of Vector Group Ltd. for the three months ended June 29 was 1.90, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Vector Group Ltd.’s EBITDA margin for the year ending June 29 is 24.82%, while its operating margin for the same period stands at 23.00%. Its gross profit as reported stood at $442.35 million compared to revenue of $1.44 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vector Group Ltd.’s return on assets was 15.70%.
Earnings Surprise
For the three-month period that ended June 29, Vector Group Ltd. had $1.38 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$15.09 million in the quarter, while revenues of -$13.51 million were grew 359.44%. The analyst consensus anticipated Vector Group Ltd.’s latest quarter earnings to come in at $0.33 per share, but it turned out to be $0.32, a -3.00% surprise. For the quarter, EBITDA amounted to $73.37 million. Shareholders own equity worth $155.93 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Vector Group Ltd. (VGR) price momentum. RSI 9-day as of the close on 11 August was 23.27%, suggesting the stock is oversold, with historical volatility in this time frame at 62.52%.
As of today, VGR’s price is $11.18 -4.40% or -$0.51 from its 5-day moving average. VGR is currently trading -15.93% lower than its 20-day SMA and -7.44% lower than its 100-day SMA. However, the stock’s current price level is -5.38% below the SMA50 and +13.99% above the SMA200.
The stochastic %K and %D were 12.28% and 13.25%, respectively, and the average true range (ATR) was 0.40. With the 14-day stochastic at 9.31% and the average true range at 0.37, the RSI (14) stands at 27.66%. The stock has reached -0.74 on the 9-day MACD Oscillator while the 14-day reading was at -1.12.
Analyst Ratings
Barclays upgraded Vector Group Ltd. (NYSE: VGR) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for Vector Group Ltd. (VGR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VGR, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 1 others rate it as a “buy”.
What is VGR’s price target for the next 12 months?
Analysts predict a range of price targets between $15.00 and $16.00, with a median target of $15.50. Taking a look at these predictions, the average price target given by analysts for Vector Group Ltd. (VGR) stock is $15.50.
