Vivid Seats (SEAT) Stock Price, News & Analysis

Company Overview

Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces; and Vivid Picks daily fantasy sports that allows users to partake in contests by making picks from various sport and player matchups. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $3.36 to $3.59
• 50-Day Range: $3.26 to $4.14
• 52-Week Range: $3.24 to $6.51
• Volume: 1.56 million shs
• Average Volume: 1.40 million shs
• Market Capitalization: $731.26 million
• P/E Ratio: 6.38
• Dividend Yield: N/A
• Price Target: $6.67
• Consensus Rating: Moderate Buy

Vivid Seats Stock Analysis - MarketRank™

Vivid Seats scored higher than 73% of companies evaluated by MarketBeat, and ranked 97th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Vivid Seats has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vivid Seats has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 100.00%

Earnings Growth

Earnings for Vivid Seats are expected to grow by 100.00% in the coming year, from $0.12 to $0.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vivid Seats is 6.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vivid Seats is 6.38, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 27.81.

Price to Earnings Growth Ratio

Vivid Seats has a PEG Ratio of 16.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Vivid Seats has a P/B Ratio of 7.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.78% of the float of Vivid Seats has been sold short.

Short Interest Ratio / Days to Cover

Vivid Seats has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.

Change versus previous month

Short interest in Vivid Seats has recently increased by 5.28%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Vivid Seats does not currently pay a dividend.

Dividend Growth

Vivid Seats does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.78% of the float of Vivid Seats has been sold short.

Short Interest Ratio / Days to Cover

Vivid Seats has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.

Change versus previous month

Short interest in Vivid Seats has recently increased by 5.28%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.11

News Sentiment

Vivid Seats has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Vivid Seats this week, compared to 23 articles on an average week.

Search Interest

Only 2 people have searched for SEAT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Vivid Seats to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Vivid Seats insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,217.00 in company stock.

Percentage Held by Insiders

57.20% of the stock of Vivid Seats is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.92% of the stock of Vivid Seats is held by institutions.

SEAT Stock Analysis - Frequently Asked Questions

How have SEAT shares performed this year?

Vivid Seats' stock was trading at $6.32 on January 1st, 2024. Since then, SEAT shares have decreased by 44.3% and is now trading at $3.52.
View the best growth stocks for 2024 here.

How were Vivid Seats' earnings last quarter?

Vivid Seats Inc. (NASDAQ:SEAT) released its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.08. The firm had revenue of $198.32 million for the quarter, compared to analysts' expectations of $194.68 million. Vivid Seats had a trailing twelve-month return on equity of 21.29% and a net margin of 4.56%.

Who are Vivid Seats' major shareholders?

Vivid Seats' top institutional investors include FMR LLC (2.87%), Massachusetts Financial Services Co. MA (2.16%), Janus Henderson Group PLC (1.45%) and Harbor Capital Advisors Inc. (1.26%). Insiders that own company stock include Hoya Topco, Llc, Riva Bakal, Jonathan Miles Wagner, Edward Pickus, Emily T Epstein, Craig A Dixon and David E Morris.
View institutional ownership trends.

How do I buy shares of Vivid Seats?

Shares of SEAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vivid Seats own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vivid Seats investors own include YETI (YETI), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX) and Academy Sports and Outdoors (ASO).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: N/A
• Current Symbol: NASDAQ:SEAT
• CUSIP: N/A
• CIK: 1856031
• Web: www.horizonacquisitioncorp.com
• Phone: 312-291-9966
• Fax: 203-298-5300
• Employees: 768
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.67
• High Stock Price Target: $9.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +89.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 6.38
• Forward P/E Ratio: 29.33
• P/E Growth: 16.3
• Net Income: $74.54 million
• Net Margins: 4.56%
• Pretax Margin: 4.36%
• Return on Equity: 21.29%
• Return on Assets: 2.43%

Debt

• Debt-to-Equity Ratio: 1.17
• Current Ratio: 0.79
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $774.08 million
• Price / Sales: 0.94
• Cash Flow: $0.42 per share
• Price / Cash Flow: 8.33
• Book Value: $0.48 per share
• Price / Book: 7.33

Miscellaneous

• Outstanding Shares: 207,745,000
• Free Float: 88,915,000
• Market Cap: $731.26 million
• Optionable: Optionable
• Beta: 1.11