Does VIZIO Holding Corp. (VZIO)s Current Price Volatility Hinder Its Future Potential?
VIZIO Holding Corp. (NYSE:VZIO) has seen 8.9 million shares traded in the last trading session. The company, currently valued at $1.99B, closed the last trade at $23.35 per share which meant it lost -$0.05 on the day or -0.21% during that session. The VZIO stock price is -23.34% off its 52-week high price of $28.80 and 26.12% above the 52-week low of $17.25. If we look at the companys 10-day average daily trading volume, we find that it stood at 0.32 million shares traded. The 3-month trading volume is 941.49K shares. The consensus among analysts is that VIZIO Holding Corp. (VZIO) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.05. VIZIO Holding Corp. (NYSE:VZIO) trade information  Sporting -0.21% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 06/15/21 when the VZIO stock price touched $23.35 or saw a rise of 15.46%. Year-to-date, VIZIO Holding Corp. shares have moved 22.25%, while the 5-day performance has seen it change 3.41%. Over the past 30 days, the shares of VIZIO Holding Corp. (NYSE:VZIO) have changed 6.38%. Short interest in the company has seen 0.84 million shares shorted with days to cover at 0.51. Wall Street analysts have a consensus price target for the stock at $30.86, which means that the shares value could jump 24.34% from current levels. The projected low price target is $29.00 while the price target rests at a high of $33.00. In that case, then, we find that the current price level is -41.33% off the targeted high while a plunge would see the stock gain -24.2% from current levels. VIZIO Holding Corp. (VZIO) estimates and forecasts  7 analysts offering their estimates for the company have set an average revenue estimate of $379.62 million for the current quarter. 7 have an estimated revenue figure of $535.15 million for the next quarter concluding in Sep 2021. VZIO Dividends  VIZIO Holding Corp. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. VIZIO Holding Corp. (NYSE:VZIO)s Major holders  Insiders own 73.78% of the company shares, while shares held by institutions stand at 3.08% with a share float percentage of 11.74%. Investors are also buoyed by the number of investors in a company, with VIZIO Holding Corp. having a total of 12 institutions that hold shares in the company.