Vroom Inc. [VRM] stock prices are up 53.83% to $17.49 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VRM shares have gain 52.09% over the last week, with a monthly amount glided 2.64%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 13, March 2024, Vroom Announces Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Substantial Progress on Value Maximization Plan.
From an analyst’s perspective:
Vroom Inc. [NASDAQ: VRM] stock has seen the most recent analyst activity on November 22, 2022, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $2 from $3. Previously, JP Morgan downgraded its rating to Underweight on August 15, 2022. On April 28, 2022, downgrade downgraded it’s rating to Mkt Perform. Stifel downgraded its rating to a Hold and decreased its price target to $4 on March 02, 2022. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $6 on March 01, 2022. Truist downgraded its rating to Hold for this stock on March 01, 2022. In a note dated January 20, 2022, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $13.
The stock price of Vroom Inc. [VRM] has been fluctuating between $8.11 and $225.60 over the past year. Currently, Wall Street analysts expect the stock to reach $17.02 within the next 12 months. Vroom Inc. [NASDAQ: VRM] shares were valued at $17.49 at the most recent close of the market. An investor can expect a potential drop of -2.69% based on the average VRM price forecast.
Analyzing the VRM fundamentals
The Vroom Inc. [NASDAQ:VRM] reported sales of 866.63M for trailing twelve months, representing a drop of -30.86%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.23%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.54 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.89.
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 11.48 points at the first support level, and at 5.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.86, and for the 2nd resistance point, it is at 28.23.
Vroom Inc. [VRM] reported earnings per share of -$47.2 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$35.73/share, meaning a difference of -$11.47 and a surprise factor of -32.10%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$38.4 per share as compared to estimates of -$45.6 per share, a difference of $7.2 representing a surprise of 15.80%.
Ratios To Look Out For
It’s worth pointing out that Vroom Inc. [NASDAQ:VRM]’s Current Ratio is 1.23. In addition, the Quick Ratio stands at 0.94 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.04, the price to book ratio is 0.12.
Transactions by insiders
Recent insider trading involved Moran Patricia, CLO & Secretary, that happened on Feb 06 ’24 when 10792.0 shares were sold. Chief Executive Officer, Shortt Thomas H completed a deal on Jan 05 ’24 to sell 47030.0 shares. Meanwhile, Principal Accounting Officer Zakowicz Agnieszka sold 152.0 shares on Oct 16 ’23.
