Vital Farms Inc (VITL) Shares on the Rise: Short-term Analysis

At the time of writing, Vital Farms Inc [VITL] stock is trading at $32.62, up 1.37%. An important factor to consider is whether the stock is rising or falling in short-term value. The VITL shares have gain 4.15% over the last week, with a monthly amount drifted -9.69%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vital Farms Inc [NASDAQ: VITL] stock has seen the most recent analyst activity on August 09, 2024, when TD Cowen upgraded its rating to a Buy but kept the price target unchanged to $44 for it. Previously, Stifel downgraded its rating to Hold on May 10, 2024, and elevated its price target to $40. On April 10, 2024, William Blair initiated with a Outperform rating. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $21 on December 08, 2023. TD Cowen initiated its recommendation with a Market Perform and recommended $13 as its price target on September 13, 2023. In a note dated April 13, 2023, Needham initiated an Hold rating.

For the past year, the stock price of Vital Farms Inc fluctuated between $10.30 and $48.41. Currently, Wall Street analysts expect the stock to reach $29.67 within the next 12 months. Vital Farms Inc [NASDAQ: VITL] shares were valued at $32.62 at the most recent close of the market. An investor can expect a potential drop of -9.04% based on the average VITL price forecast.

Analyzing the VITL fundamentals

According to Vital Farms Inc [NASDAQ:VITL], the company’s sales were 541.56M for trailing twelve months, which represents an 38.46% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.2 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.

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 31.96 points at the first support level, and at 31.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.01, and for the 2nd resistance point, it is at 33.39.

Ratios To Look Out For

It is important to note that Vital Farms Inc [NASDAQ:VITL] has a current ratio of 3.50. On the other hand, the Quick Ratio is 3.03, and the Cash Ratio is 1.62. Considering the valuation of this stock, the price to sales ratio is 2.60, the price to book ratio is 5.88 and price to earnings (TTM) ratio is 30.60.

Transactions by insiders

Recent insider trading involved OHAYER MATTHEW, EXECUTIVE CHAIRPERSON, that happened on Aug 19 ’24 when 24000.0 shares were sold. PRESIDENT AND CEO, Diez-Canseco Russell completed a deal on Aug 12 ’24 to sell 0.15 million shares. Meanwhile, Officer RUSSELL DIEZ-CANSECO bought 100000.0 shares on Aug 12 ’24.

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