Vector Group Ltd (NYSE: VGR) is -1.06% lower on its value in year-to-date trading and has touched a low of $9.80 and a high of $13.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VGR stock was last observed hovering at around $11.16 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $11.16, the stock is 3.57% and 2.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.00% at the moment leaves the stock -1.41% off its SMA200. VGR registered -15.90% loss for a year compared to 6-month loss of 1.36%. The firm has a 50-day simple moving average (SMA 50) of $1.94 and a 200-day simple moving average (SMA200) of $7.59.
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The stock witnessed a 3.33% gain in the last 1 month and extending the period to 3 months gives it a 1.64%, and is -0.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.96% over the week and 3.24% over the month.
Vector Group Ltd (VGR) has around 524 employees, a market worth around $1.76B and $1.42B in sales. Current P/E ratio is 9.61 and Fwd P/E is 7.70. Profit margin for the company is 12.53%. Distance from 52-week low is 13.88% and -17.09% from its 52-week high. The company has generated returns on investments over the last 12 months (27.97%).
Vector Group Ltd quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $333.3M over the same period.The EPS is expected to grow by 7.44% this year, but quarterly earnings will post 5.50% year-over-year. Quarterly sales are estimated to shrink -0.20% in year-over-year returns.
341 institutions hold shares in Vector Group Ltd (VGR), with institutional investors hold 77.05% of the company’s shares. The shares outstanding are 154.84M, and float is at 133.34M with Short Float at 1.70%. Institutions hold 65.03% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 21.7 million shares valued at $277.92 million. The investor’s holdings represent 13.91% of the VGR Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 17.54 million shares valued at $224.69 million to account for 11.25% of the shares outstanding. The other top investors are Capital Research Global Investors which holds 8.3 million shares representing 5.32% and valued at over $106.31 million, while Renaissance Technologies, LLC holds 4.68% of the shares totaling 7.29 million with a market value of $93.4 million.
Vector Group Ltd (VGR) Insider Activity
A total of 2 insider transactions have happened at Vector Group Ltd (VGR) in the last six months, with sales accounting for 0 and purchases happening 2 times. The most recent transaction is an insider sale by LEBOW BENNETT S, the company’s Director. SEC filings show that LEBOW BENNETT S sold 121,054 shares of the company’s common stock on Dec 14 at a price of $11.69 per share for a total of $1.42 million. Following the sale, the insider now owns 23750.0 shares.
Vector Group Ltd disclosed in a document filed with the SEC on Dec 13 that LEBOW BENNETT S (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 13 and was made at $11.68 per share for $0.58 million. Following the transaction, the insider now directly holds 0.14 million shares of the VGR stock.
Still, SEC filings show that on Sep 11, KIRKLAND J BRYANT III () acquired 10,000 shares at an average price of $10.32 for $0.1 million. The insider now directly holds 450,623 shares of Vector Group Ltd (VGR).
Vector Group Ltd (VGR): Who are the competitors?
One of the company’s main competitors (and peers) include Philip Morris International Inc. (PM) that is trading -8.54% down over the past 12 months.22nd Century Group Inc. (XXII) lies in the list of competitors of the Vector Group Ltd and is -98.91% lower over the same period from VGRAltria Group Inc. (MO) is -11.95% down on the 1-year trading charts.
