VIZIO (VZIO) Set to Announce Quarterly Earnings on Wednesday

VIZIO (NYSE:VZIO) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

VIZIO Trading Up 0.1 %

NYSE:VZIO opened at $11.16 on Tuesday. VIZIO has a twelve month low of $5.26 and a twelve month high of $11.37. The company has a market cap of $2.24 billion, a PE ratio of 139.50 and a beta of 2.03. The company’s 50 day moving average is $11.21 and its two-hundred day moving average is $10.95.

Insider Activity

In other VIZIO news, insider Michael Joseph O’donnell sold 2,555 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total value of $28,437.15. Following the completion of the transaction, the insider now directly owns 602,364 shares of the company’s stock, valued at approximately $6,704,311.32. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 44.68% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, VIZIO currently has a consensus rating of “Hold” and a consensus target price of $11.08.

About VIZIO

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape.