Recent developments with Vital Farms Inc (VITL) have led to the company’s beta value being reach 0.97 cents.

Vital Farms Inc (NASDAQ: VITL) on Tuesday, soared 3.17% from the previous trading day, before settling in for the closing price of $35.07. Within the past 52 weeks, VITL’s price has moved between $10.41 and $48.41.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Consumer Defensive sector company grew by 35.00% over the past five years. The company achieved an average annual earnings per share of 85.56%. With a float of $28.67 million, this company’s outstanding shares have now reached $41.68 million.

Let’s look at the performance matrix of the company that is accounted for 447 employees.

Vital Farms Inc (VITL) Insider and Institutional Ownership

Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Vital Farms Inc is 33.47%, while institutional ownership is 72.31%. The most recent insider transaction that took place on Sep 18 ’24, was worth 782,432. In this transaction EXECUTIVE CHAIRPERSON of this company sold 24,000 shares at a rate of $32.60, taking the stock ownership to the 7,218,777 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Former Affiliate proposed sale 196 for $32.68, making the entire transaction worth $6,406.

Vital Farms Inc (VITL) Latest Financial update

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.1 earnings per share (EPS) for the period topping the consensus outlook (set at 0.05) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 85.56% per share during the next fiscal year.

Vital Farms Inc (NASDAQ: VITL) Trading Performance Indicators

Vital Farms Inc (VITL) is currently performing well based on its current performance indicators. A quick ratio of 3.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 27.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.21 in one year’s time.

Technical Analysis of Vital Farms Inc (VITL)

Vital Farms Inc (NASDAQ: VITL) saw its 5-day average volume 1.06 million, a positive change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 74.64%. Additionally, its Average True Range was 1.51.

During the past 100 days, Vital Farms Inc’s (VITL) raw stochastic average was set at 37.41%, which indicates a significant decrease from 92.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.70% in the past 14 days, which was lower than the 58.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.01, while its 200-day Moving Average is $28.50. Nevertheless, the first resistance level for the watch stands at $36.88 in the near term. At $37.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.56. If the price goes on to break the first support level at $35.20, it is likely to go to the next support level at $34.22. The third support level lies at $33.52 if the price breaches the second support level.

Vital Farms Inc (NASDAQ: VITL) Key Stats

Market capitalization of the company is 1.56 billion based on 42,177K outstanding shares. Right now, sales total 471,860 K and income totals 25,570 K. The company made 147,390 K in profit during its latest quarter, and 16,340 K in sales during its previous quarter.