VIZIO Holding Corp. (NYSE:VZIO) Receives $11.08 Consensus PT from Brokerages

VIZIO Holding Corp. (NYSE:VZIO - Get Free Report) has been assigned an average recommendation of "Hold" from the nine brokerages that are currently covering the company, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating. The average 1-year price objective among analysts that have covered the stock in the last year is $11.08.

A number of analysts recently weighed in on VZIO shares. Barrington Research downgraded VIZIO from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 7th. Needham & Company LLC reaffirmed a "hold" rating on shares of VIZIO in a research note on Wednesday, October 9th.

VIZIO Trading Up 0.2 %

Shares of VIZIO stock traded up $0.02 on Thursday, reaching $11.31. 1,285,196 shares of the stock were exchanged, compared to its average volume of 3,259,337. The firm has a market capitalization of $2.29 billion, a PE ratio of 1,131.00 and a beta of 2.03. VIZIO has a 1-year low of $6.63 and a 1-year high of $11.37. The business has a fifty day moving average price of $11.23 and a two-hundred day moving average price of $11.02.

Institutional Trading of VIZIO

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VZIO. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VIZIO in the second quarter valued at $27,000. Quest Partners LLC acquired a new position in VIZIO in the 2nd quarter worth $40,000. Future Financial Wealth Managment LLC bought a new position in VIZIO during the 3rd quarter worth approximately $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in VIZIO during the 3rd quarter valued at approximately $45,000. Finally, FMR LLC boosted its stake in VIZIO by 77.9% during the 3rd quarter. FMR LLC now owns 6,256 shares of the company's stock valued at $70,000 after purchasing an additional 2,739 shares in the last quarter. Hedge funds and other institutional investors own 66.24% of the company's stock.

VIZIO Company Profile

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape.