Vicor Corporation (NASDAQ:VICR) currently has a daily average trading volume of 307.46K but it saw 913989 shares traded on Thursday. With a market cap of 2.43B USD, stock’s current market price of $54.00 came rising about 15.95 while comparing to the previous closing price of $46.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $82.39 and as low as $38.71. In the recent trading on the day, stock has struck highest price mark of $54.90 while lowest mark touched by it was $49.00.
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Taking a look at 20-day trading activity of Vicor Corporation (VICR) gives us an average price of $45.40, while its current price level is -34.46% below from 52-week high level whereas it is 39.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $44.68 while that of 200 days or SMA-200 reads an average of $54.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.97% during that period while stretching the period over a month that decreases to 4.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.78 which implies that the stock is in neutral territory.
Vicor Corporation (VICR)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $45.00 and $60.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $45.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $60.00. Average price target assigned by them is $53.33 which highlights a downside potential of -1.26% for the stock over that period. And to attain the median price target of $55.00 assigned by those analysts, stock has to add about 1.82% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, VICR’s stock price is moving 9.58% up while it is 24.00% when we observe its performance for the past one month. Year-to-date it is 0.47% up and over the past year, the stock is showing a downside performance of -9.70%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.25 beat the consensus estimate of $0.21 for the same. The company is expected to be releasing its next quarterly report in 07/20/2023, for which analysts forecasted an EPS of $0.19 while estimate for next year EPS is $0.83. For VICR, analysts are forecasting an EPS-growth rate of 45.60% for current year and estimate for EPS growth in next year is 78.30%. In next quarter, company is expected to be making quarterly sales of $100.27 million as analysts are expecting the sales for current fiscal year at $400.47 million and seeing the company making $483.97 million in sales next year. Moreover, analysts are in estimates of $97.97 million for current-quarter revenue.
Currently, Vicor Corporation’s total number of outstanding shares is 44.16M with 30.69% of that held by the insiders while 56.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.20% and return on equity (ROE) at 6.90%. It has a price to earnings ratio (P/E ratio) of 76.49 while having a 36.36 of forward P/E ratio. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 4.96 while price to sale or P/S ratio amounts to 5.94. Its return on asset (ROA) is 6.00% on average.
As per SEC documents, Vanguard Total Stock Market ETF sought 700,845 of company’s common stock of worth $30.12 million as per recent closing price of the stock. Vanguard Total Stock Market ETF is not the only institutional holder which restructured its stake in Vicor Corporation, as iShares Core S&P Mid Cap ETF picked 695,581 shares of worth $29.89 million to bring its holdings to a total of 4897.0 shares. In the most recent quarter, American Funds Small Cap World Fu came cutting its stake by -70.15% in the company and now holds 0.6 million or 1.87% of the company’s stake having worth of about 25.96 million.
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