Take off with Vital Farms Inc (VITL): Get ready for trading

With 1.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on VITL shows that it touched its highest point at $48.41 and its lowest point at $27.91 during that stretch. It currently has a 1-year price target of $45.56. Beta for the stock currently stands at 0.95.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VITL was down-trending over the past week, with a drop of -7.13%, but this was up by 0.84% over a month. Three-month performance dropped to -13.12% while six-month performance fell -5.76%. The stock gained 12.00% in the past year, while it has lost -13.58% so far this year. A look at the trailing 12-month EPS for VITL yields 1.19 with Next year EPS estimates of 1.55. For the next quarter, that number is 0.28. This implies an EPS growth rate of 8.24% for this year and 21.04% for next year. EPS is expected to grow by 19.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 81.00%.

Float and Shares Shorts:

At present, 44.04 million VITL shares are outstanding with a float of 33.78 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VITL since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.14724 being high and $1.08686 being low. For VITL, this leads to a yearly average estimate of $1.11705. Based on analyst estimates, the high estimate for the next quarter is $0.35 and the low estimate is $0.21. The average estimate for the next quarter is thus $0.26.