VIZIO Holding Corp [VZIO] gain 41.43% so far this year. What now?

VIZIO Holding Corp [NYSE: VZIO] traded at a high on Wednesday, posting a 0.65 gain after which it closed the day’ session at $10.89.

The results of the trading session contributed to over 3036958 shares changing hands. Over the past one week, the price volatility of VIZIO Holding Corp stands at 0.99% while the volatility over the past one month is 1.00%.

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The market cap for VZIO stock reached $2.16 billion, with 121.50 million shares outstanding and 73.82 million shares in the current float. Compared to the average trading volume of 2.55M shares, VZIO reached a trading volume of 3036958 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about VIZIO Holding Corp [VZIO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VZIO shares is $11.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VZIO stock is a recommendation set at 3.00. 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.

Barrington Research have made an estimate for VIZIO Holding Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 29, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on December 13, 2023, representing the official price target for VIZIO Holding Corp stock. Previously, the target price had yet another drop from $11 to $6, while BofA Securities kept a Underperform rating on VZIO stock.

The Average True Range (ATR) for VIZIO Holding Corp is set at 0.11, with the Price to Sales ratio for VZIO stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 4.79, with the Price to Cash per share for the same quarter was set at 1.68.

How has VZIO stock performed recently?

VIZIO Holding Corp [VZIO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.78. With this latest performance, VZIO shares gained by 0.83% in over the last four-week period, additionally plugging by 44.05% over the last 6 months – not to mention a rise of 56.02% 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 VZIO stock in for the last two-week period is set at 60.56, with the RSI for the last a single of trading hit 65.01, and the three-weeks RSI is set at 58.33 for VIZIO Holding Corp [VZIO]. The present Moving Average for the last 50 days of trading for this stock 10.66, while it was recorded at 10.78 for the last single week of trading, and 8.68 for the last 200 days.

VIZIO Holding Corp [VZIO]: Deeper insight into the fundamentals

VIZIO Holding Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.71 and a Current Ratio set at 1.78.

Insider trade positions for VIZIO Holding Corp [VZIO]

The top three institutional holders of VZIO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in VZIO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in VZIO stock with ownership which is approximately 5.1238%.