39.24% percent quarterly performance for Vector Group Ltd (VGR) is not indicative of the underlying story

Vector Group Ltd (NYSE: VGR) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $14.94. Over the past 52 weeks, VGR has traded in a range of $9.27-$15.53.

During the last 5-year period, the sales drop of Consumer Defensive Sector giant was -3.49%. While this was happening, its average annual earnings per share was recorded 5.12%. With a float of $132.90 million, this company’s outstanding shares have now reached $154.84 million.

Let’s determine the extent of company efficiency that accounts for 524 employees. In terms of profitability, gross margin is 33.38%, operating margin of 24.33%, and the pretax margin is 19.01%.

Vector Group Ltd (VGR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Tobacco Industry. The insider ownership of Vector Group Ltd is 15.55%, while institutional ownership is 68.27%. The most recent insider transaction that took place on Dec 14 ’23, was worth 1,415,605. In this transaction Director of this company sold 121,054 shares at a rate of $11.69, taking the stock ownership to the 23,750 shares. Before that another transaction happened on Dec 13 ’23, when Company’s Director sold 50,000 for $11.68, making the entire transaction worth $583,945. This insider now owns 144,804 shares in total.

Vector Group Ltd (VGR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 5.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.10% during the next five years compared to 27.26% growth over the previous five years of trading.

Vector Group Ltd (NYSE: VGR) Trading Performance Indicators

Take a look at Vector Group Ltd’s (VGR) current performance indicators. Last quarter, stock had a quick ratio of 2.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 10.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.26, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.41 in one year’s time.

Technical Analysis of Vector Group Ltd (VGR)

Looking closely at Vector Group Ltd (NYSE: VGR), its last 5-days average volume was 2.06 million, which is a jump from its year-to-date volume of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 24.15%. Additionally, its Average True Range was 0.21.

During the past 100 days, Vector Group Ltd’s (VGR) raw stochastic average was set at 90.50%, which indicates a significant increase from 13.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.75% in the past 14 days, which was lower than the 33.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.07, while its 200-day Moving Average is $11.37. However, in the short run, Vector Group Ltd’s stock first resistance to watch stands at $14.97. Second resistance stands at $14.99. The third major resistance level sits at $15.03. If the price goes on to break the first support level at $14.91, it is likely to go to the next support level at $14.87. Should the price break the second support level, the third support level stands at $14.85.

Vector Group Ltd (NYSE: VGR) Key Stats

The company with the Market Capitalisation of 2.35 billion has total of 157,378K Shares Outstanding. Its annual sales at the moment are 1,424 M in contrast with the sum of 183,530 K annual income. Company’s last quarter sales were recorded 371,910 K and last quarter income was 54,180 K.