At the time of writing, Vivid Seats Inc [SEAT] stock is trading at $3.49, up 3.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SEAT shares have gain 3.25% over the last week, with a monthly amount drifted -7.18%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Vivid Seats Inc [NASDAQ: SEAT] stock has seen the most recent analyst activity on November 04, 2024, when Maxim Group reiterated its Buy rating and also revised its price target to $8 from $9. On April 17, 2024, Maxim Group initiated with a Buy rating and assigned a price target of $7 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $10 on February 09, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $9.50 as its price target on August 01, 2023. BofA Securities started tracking with a Buy rating for this stock on July 24, 2023, and assigned it a price target of $10. In a note dated March 24, 2023, Imperial Capital initiated an Outperform rating and provided a target price of $9 on this stock.
For the past year, the stock price of Vivid Seats Inc fluctuated between $3.24 and $7.17. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Vivid Seats Inc [NASDAQ: SEAT] shares were valued at $3.49 at the most recent close of the market. An investor can expect a potential return of 71.92% based on the average SEAT price forecast.
Analyzing the SEAT fundamentals
According to Vivid Seats Inc [NASDAQ:SEAT], the company’s sales were 774.08M for trailing twelve months, which represents an -0.81% plunge. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.18.
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 3.36 points at the first support level, and at 3.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.56, and for the 2nd resistance point, it is at 3.62.
Ratios To Look Out For
It is important to note that Vivid Seats Inc [NASDAQ:SEAT] has a current ratio of 0.79. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 1.39.
Transactions by insiders
Recent insider trading involved Pickus Edward, Chief Accounting Officer, that happened on Dec 12 ’24 when 746.0 shares were sold. Chief Strategy Officer, Bakal Riva completed a deal on Dec 12 ’24 to sell 3186.0 shares. Meanwhile, General Counsel Epstein Emily T sold 1382.0 shares on Nov 13 ’24.