Vector Group (NYSE:VGR) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus target price of $27.00 for the company and are anticipating that the company will post $0.18 earnings per share for the current quarter, according to Zacks. Zacks has also given Vector Group an industry rank of 181 out of 265 based on the ratings given to related companies.
Several equities research analysts recently weighed in on VGR shares. Oppenheimer set a $27.00 price objective on shares of Vector Group and gave the stock a “buy” rating in a report on Wednesday, May 9th. ValuEngine cut shares of Vector Group from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research cut shares of Vector Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 12th.
VGR stock traded up $0.02 during trading on Friday, hitting $19.28. The company had a trading volume of 12,123 shares, compared to its average volume of 580,876. The company has a market capitalization of $2.57 billion, a P/E ratio of 32.10 and a beta of 0.39. Vector Group has a fifty-two week low of $18.70 and a fifty-two week high of $23.14. The company has a quick ratio of 1.19, a current ratio of 1.41 and a debt-to-equity ratio of -2.76.
Vector Group (NYSE:VGR) last posted its quarterly earnings data on Wednesday, May 9th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.10). The company had revenue of $429.00 million during the quarter, compared to analyst estimates of $436.40 million. Vector Group had a negative return on equity of 22.58% and a net margin of 5.27%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 EPS. equities analysts anticipate that Vector Group will post 0.55 EPS for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. WINTON GROUP Ltd acquired a new stake in Vector Group during the 1st quarter worth about $951,000. McKinley Carter Wealth Services Inc. acquired a new stake in Vector Group during the 1st quarter worth about $153,000. Legal & General Group Plc raised its holdings in Vector Group by 10.2% during the 1st quarter. Legal & General Group Plc now owns 43,511 shares of the company’s stock worth $887,000 after buying an additional 4,037 shares during the period. WealthPLAN Partners LLC raised its holdings in Vector Group by 94.1% during the 1st quarter. WealthPLAN Partners LLC now owns 18,422 shares of the company’s stock worth $376,000 after buying an additional 8,929 shares during the period. Finally, Ahrens Investment Partners LLC raised its holdings in Vector Group by 18.1% during the 1st quarter. Ahrens Investment Partners LLC now owns 94,132 shares of the company’s stock worth $1,919,000 after buying an additional 14,396 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.
Vector Group Company Profile
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates through Tobacco, E-Cigarettes, and Real Estate segments. The company produces cigarettes in 109 combinations under the PYRAMID, EAGLE 20's, GRAND PRIX, LIGGETT SELECT, and EVE brand names, as well as USA and various partner brands, and private label brands.
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