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Vector Group Ltd (VGR) – Don’t Be So Quick to Call it Dead

Vector Group Ltd (NYSE: VGR) is 13.30% higher on its value in year-to-date trading and has touched a low of $9.27 and a high of $13.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VGR stock was last observed hovering at around $12.89 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $12.78, the stock is 10.62% and 14.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing -0.85% at the moment leaves the stock 17.80% off its SMA200. VGR registered -2.59% loss for a year compared to 6-month gain of 18.33%.

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The stock witnessed a 16.82% loss in the last 1 month and extending the period to 3 months gives it a 23.48%, and is 5.36% up 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 2.93% over the week and 2.53% over the month.

Vector Group Ltd (VGR) has around 524 employees, a market worth around $2.01B and $1.41B in sales. Current P/E ratio is 11.01 and Fwd P/E is 10.14. Profit margin for the company is 12.63%. Distance from 52-week low is 37.79% and -4.05% from its 52-week high. The company has generated returns on investments over the last 12 months (27.81%).

The EPS is expected to grow by 4.19% this year

The shares outstanding are 154.84M, and float is at 132.95M with Short Float at 5.55%.

Vector Group Ltd (VGR) Insider Activity

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 ’23 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 ’23 that LEBOW BENNETT S (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 13 ’23 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 ’23, 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).

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