In-Depth Examination Of 4 Analyst Recommendations For Virgin Galactic Hldgs

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In the last three months, 4 analysts have published ratings on Virgin Galactic Hldgs SPCE, offering a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 2 2 0
Last 30D 0 0 0 1 0
1M Ago 0 0 1 0 0
2M Ago 0 0 0 1 0
3M Ago 0 0 1 0 0

Analysts have set 12-month price targets for Virgin Galactic Hldgs, revealing an average target of $1.21, a high estimate of $2.00, and a low estimate of $0.75. Experiencing a 37.63% decline, the current average is now lower than the previous average price target of $1.94.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Virgin Galactic Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Matthew Akers Wells Fargo Lowers Underweight $0.75 $1.00
Charles Minervino Susquehanna Lowers Neutral $1.10 $2.00
Matthew Akers Wells Fargo Lowers Underweight $1.00 $1.75
Michael Ciarmoli Truist Securities Lowers Hold $2.00 $3.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Virgin Galactic Hldgs. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Virgin Galactic Hldgs compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Virgin Galactic Hldgs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Virgin Galactic Hldgs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Virgin Galactic Hldgs analyst ratings.

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All You Need to Know About Virgin Galactic Hldgs

Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.

Understanding the Numbers: Virgin Galactic Hldgs's Finances

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Virgin Galactic Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 223.25%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -3701.82%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Virgin Galactic Hldgs's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -18.82%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Virgin Galactic Hldgs's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -8.5%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a high debt-to-equity ratio of 0.83, Virgin Galactic Hldgs faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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