Vector Group Ltd. (VGR) shares projected to rise by 42.73%

Vector Group Ltd. [VGR] stock is trading at $10.86, up 0.37%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VGR shares have gain 5.23% over the last week, with a monthly amount glided 4.32%, and seem to be holding up well over a long-time horizon.

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On 31, August 2023, Vector Group to Present at 2023 Barclays Global Consumer Staples Conference. In a post published today on Yahoo Finance, Vector Group Ltd. (NYSE: VGR) today announced that two members of its senior management team will present at the 2023 Barclays Global Consumer Staples Conference on Thursday, September 7, 2023 at 2:15 p.m. EDT in Boston, MA.

From an analyst’s perspective:

Vector Group Ltd. [NYSE: VGR] stock has seen the most recent analyst activity on March 31, 2022, when Barclays upgraded its rating to a Overweight and also boosted its price target to $16 from $12.

Vector Group Ltd. [VGR] stock has fluctuated between $8.64 and $14.39 over the past year. Currently, Wall Street analysts expect the stock to reach $15.50 within the next 12 months. Vector Group Ltd. [NYSE: VGR] shares were valued at $10.86 at the most recent close of the market. An investor can expect a potential return of 42.73% based on the average VGR price forecast.

Analyzing the VGR fundamentals

Vector Group Ltd. [NYSE:VGR] reported sales of 365.66 billion for the most recent quarter, which represents a drop of -5.60%. In the same period, the company’s revenue per employee was $2,831,059, whereas its income per employee was $302,071. Gross Margin for this corporation currently stands at +30.70% with Operating Margin at +24.08%, Pretax Margin comes in at +15.31%, and Net Margin reading is +10.67%. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 231.69 and enduring liabilities to the whole assets at 149.90.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.73 points at the first support level, and at 10.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.97, and for the 2nd resistance point, it is at 11.08.

Vector Group Ltd. [VGR] reported earnings per share of $0.32 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.33/share, meaning a difference of -$0.01 and a surprise factor of -3.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were $0.22 per share as compared to estimates of $0.29 per share, a difference of -$0.07 representing a surprise of -24.10%.

Ratios To Look Out For

For context, Vector Group Ltd.’s Current Ratio is 2.10. Further, the Quick Ratio stands at 2.28, while the Cash Ratio is 1.94. Considering the valuation of this stock, the price to sales ratio is 1.26 and the P/E (TTM) ratio is 10.72.

Transactions by insiders

Insider trading, which has resulted in 0 insider purchases of 0 shares and 1 insider sales of 1,967 shares in the past three months, is now the topic of our analysis. Recent insider trading involved KIRKLAND J BRYANT III,, that happened on Sep 11 when 10000.0 shares were purchased. EVP/COO, LAMPEN RICHARD completed a deal on Sep 08 to buy 10000.0 shares. Meanwhile, Director LEBOW BENNETT S sold 80000.0 shares on Jun 09.