Vivid Seats Inc (SEAT) Shares on the Rise: Short-term Analysis

Vivid Seats Inc [SEAT] stock is trading at $4.63, up 0.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The SEAT shares have lost -0.64% over the last week, with a monthly amount glided 10.24%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Maxim Group started tracking the stock with Buy rating on April 17, 2024, and set its price target to $7. On February 09, 2024, Craig Hallum initiated with a Buy rating and assigned a price target of $10 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $9.50 on August 01, 2023. BofA Securities initiated its recommendation with a Buy and recommended $10 as its price target on July 24, 2023. Imperial Capital started tracking with a Outperform rating for this stock on March 24, 2023, and assigned it a price target of $9. In a note dated October 03, 2022, Deutsche Bank initiated an Hold rating and provided a target price of $9 on this stock.

Vivid Seats Inc [SEAT] stock has fluctuated between $3.58 and $8.80 over the past year. Currently, Wall Street analysts expect the stock to reach $6.7 within the next 12 months. Vivid Seats Inc [NASDAQ: SEAT] shares were valued at $4.63 at the most recent close of the market. An investor can expect a potential return of 44.71% based on the average SEAT price forecast.

Analyzing the SEAT fundamentals

Vivid Seats Inc [NASDAQ:SEAT] reported sales of 775.60M for the trailing twelve months, which represents a growth of 19.92%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.57 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.51.

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 4.56 points at the first support level, and at 4.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.69, and for the 2nd resistance point, it is at 4.75.

Ratios To Look Out For

For context, Vivid Seats Inc’s Current Ratio is 0.79. On the other hand, the Quick Ratio is 0.73, and the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 3.92.

Transactions by insiders

Recent insider trading involved Epstein Emily T, General Counsel, that happened on Aug 13 ’24 when 1382.0 shares were sold. Chief Strategy Officer, Bakal Riva completed a deal on Jul 22 ’24 to sell 1717.0 shares. Meanwhile, Chief Accounting Officer Pickus Edward sold 537.0 shares on Jul 22 ’24.

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