Vital Farms Inc. (NASDAQ:VITL) previous close was $23.30 while the outstanding shares total 39.54M. The firm has a 12-month trailing P/E ratio of 92.94. VITL’s shares traded lower over the last trading session, losing -1.07% on 06/09/21. The shares fell to a low of $22.90 before closing at $23.05. Intraday shares traded counted 0.81 million, which was -70.55% lower than its 30-day average trading volume of 477.67K. The stock’s Relative Strength Index (RSI) is 60.14, with weekly volatility at 4.41% and ATR at 1.00. The VITL stock’s 52-week price range has touched low of $19.07 and a $43.30 high.
Investors have identified the Farm Products company Vital Farms Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $913.93 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Vital Farms Inc. (VITL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 136.9 million total, with 23.52 million as their total liabilities.
VITL were able to record 4.59 million as free cash flow during the 09/09/2021 quarter of the year, this saw their quarterly net cash flow reduce by 5.56 million. In cash movements, the company had a total of 8.04 million as operating cash flow.
Potential earnings growth for Vital Farms Inc. (VITL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/09/2021 quarter of the year, Vital Farms Inc. recorded a total of 58.55 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 18.73% coming in sequential stages and their sales for the 09/09/2021 quarter increasing by 7.78%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 37.22 million trying to sell their products during the last quarter, with the result yielding a gross income of 21.33 million. This allows shareholders to hold on to 39.54M with the recently reported earning now reading 0.09 cents per share. This is a figure that compared to analystâ€™s prediction for their 09/09/2021 (0.08 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 0.06 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VITL sounds very interesting.
Is the stock of VITL attractive?
In related news, President and CEO, Diez-Canseco Russell sold 30,550 shares of the companyâ€™s stock in a transaction that recorded on Jun 07. The sale was performed at an average price of 22.08, for a total value of 674,544. As the sale deal closes, the President and CEO, Diez-Canseco Russell now sold 13,373 shares of the companyâ€™s stock, valued at 294,206. Also, COO, Dale Jason sold 20,000 shares of the companyâ€™s stock in a deal that was recorded on May 11. The shares were price at an average price of 22.23 per share, with a total market value of 444,630. Following this completion of acquisition, the President and CEO, Diez-Canseco Russell now holds 14,641 shares of the companyâ€™s stock, valued at 358,851. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
3 out of 7 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Vital Farms Inc.. 0 analysts has assigned a Sell rating on the VITL stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $31.00.