Vital Farms Inc [NASDAQ: VITL] gained 26.95% on the last trading session, reaching $37.97 price per share at the time.
If compared to the average trading volume of 518.20K shares, VITL reached a trading volume of 3997942 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Vital Farms Inc [VITL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VITL shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VITL stock is a recommendation set at 1.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for Vital Farms Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 10, 2024. While these analysts kept the previous recommendation, DA Davidson raised their target price to Buy. The new note on the price target was released on December 08, 2023, representing the official price target for Vital Farms Inc stock. Previously, the target price had yet another raise to $13, while TD Cowen analysts kept a Market Perform rating on VITL stock.
The Average True Range (ATR) for Vital Farms Inc is set at 1.57, with the Price to Sales ratio for VITL stock in the period of the last 12 months amounting to 3.39. The Price to Book ratio for the last quarter was 8.21, with the Price to Cash per share for the same quarter was set at 2.77. Price to Free Cash Flow for VITL in the course of the last twelve months was 40.64 with Quick ratio for the last quarter at 2.49.
Trading performance analysis for VITL stock
Vital Farms Inc [VITL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.60. With this latest performance, VITL shares gained by 53.10% in over the last four-week period, additionally plugging by 216.15% over the last 6 months – not to mention a rise of 142.62% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VITL stock in for the last two-week period is set at 94.14, with the RSI for the last a single of trading hit 96.73, and the three-weeks RSI is set at 91.51 for Vital Farms Inc [VITL]. The present Moving Average for the last 50 days of trading for this stock 24.27, while it was recorded at 30.86 for the last single week of trading, and 15.88 for the last 200 days.
Vital Farms Inc [VITL]: A deeper dive into fundamental analysis
Vital Farms Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.49 and a Current Ratio set at 3.00.
An analysis of Institutional ownership at Vital Farms Inc [VITL]
The top three institutional holders of VITL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in VITL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in VITL stock with ownership which is approximately 5.8386%.
