Vital Farms Inc (NASDAQ: VITL) is 156.66% higher on its value in year-to-date trading and has touched a low of $10.41 and a high of $48.41 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 VITL stock was last observed hovering at around $40.91 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $40.27, the stock is 8.30% and 19.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.62 million and changing -1.56% at the moment leaves the stock 34.61% off its SMA200. VITL registered 266.42% gain for a year compared to 6-month gain of 59.80%. The firm has a 50-day simple moving average (SMA 50) of $33.6086 and a 200-day simple moving average (SMA200) of $29.91595.
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The stock witnessed a 25.92% loss in the last 1 month and extending the period to 3 months gives it a 2.21%, and is 3.98% 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 3.75% over the week and 4.28% over the month.
Vital Farms Inc (VITL) has around 447 employees, a market worth around $1.74B and $541.56M in sales. Current P/E ratio is 37.77 and Fwd P/E is 33.73. Profit margin for the company is 8.70%. Distance from 52-week low is 286.84% and -16.81% from its 52-week high. The company has generated returns on investments over the last 12 months (18.66%).
Vital Farms Inc quarterly earnings per share for the current quarter are estimated at 0.12 with sales reaching $143.92M over the same period.The EPS is expected to grow by 81.65% this year, but quarterly earnings will post 26.50% year-over-year. Quarterly sales are estimated to grow 30.40% in year-over-year returns.
318.0 institutions hold shares in Vital Farms Inc (VITL), with institutional investors hold 111.78% of the company’s shares. The shares outstanding are 41.68M, and float is at 28.67M with Short Float at 29.63%. Institutions hold 73.35% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.73 million shares valued at $174.55 million. The investor’s holdings represent 8.9301 of the VITL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.1 million shares valued at $98.39 million to account for 5.0336 of the shares outstanding. The other top investors are AMAZON COM INC which holds 1.53 million shares representing 3.6591 and valued at over $71.52 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 2.583 of the shares totaling 1.08 million with a market value of $50.49 million.
Vital Farms Inc (VITL) Insider Activity
The most recent transaction is an insider sale by Diez-Canseco Russell, the company’s PRESIDENT AND CEO. SEC filings show that Diez-Canseco Russell sold 44,653 shares of the company’s common stock on Oct 14 ’24 at a price of $40.07 per share for a total of $1.79 million. Following the sale, the insider now owns 0.54 million shares.
Still, SEC filings show that on Oct 08 ’24, JASON DALE (Officer) Proposed Sale 28,625 shares at an average price of $38.68 for $1.11 million. The insider now directly holds shares of Vital Farms Inc (VITL).
