Virgin Galactic Holdings Stock Today

SPCE Stock  USD 7.15  0.43  6.40%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 81

 
High
 
Low
Very High
Virgin Galactic is trading at 7.15 as of the 24th of November 2024, a 6.40 percent increase since the beginning of the trading day. The stock's lowest day price was 6.79. Virgin Galactic has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Note, on May 9, 2022, Representative Brian Mast of US Congress acquired under $15k worth of Virgin Galactic Holdings's common stock.
Business Domain
Capital Goods
IPO Date
28th of October 2019
Category
Industrials
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. Virgin Galactic Holdings, Inc. The company has 28.88 M outstanding shares of which 6.9 M shares are at this time shorted by private and institutional investors with about 5.36 trading days to cover. More on Virgin Galactic Holdings

Virgin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMichael Colglazier
Old NameSpice Priv AG
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00610.0058
Sufficiently Up
Slightly volatile
Total Current Liabilities115.2 M185.7 M
Way Down
Slightly volatile
Non Current Liabilities Total512.8 M488.4 M
Sufficiently Up
Slightly volatile
Total Assets973.7 M1.2 B
Significantly Down
Slightly volatile
Total Current Assets612.5 M950.8 M
Way Down
Slightly volatile
Debt Levels
Virgin Galactic can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Virgin Galactic's financial leverage. It provides some insight into what part of Virgin Galactic's total assets is financed by creditors.
Liquidity
Virgin Galactic Holdings currently holds 417.89 M in liabilities with Debt to Equity (D/E) ratio of 0.71, which is about average as compared to similar companies. Virgin Galactic Holdings has a current ratio of 6.31, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Virgin Galactic's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

4.99 Million
Virgin Galactic Holdings (SPCE) is traded on New York Stock Exchange in USA. It is located in 1700 Flight Way, Tustin, CA, United States, 92782 and employs 805 people. Virgin Galactic is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 206.46 M. Virgin Galactic Holdings conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 28.88 M outstanding shares of which 6.9 M shares are at this time shorted by private and institutional investors with about 5.36 trading days to cover. Virgin Galactic Holdings currently holds about 917.57 M in cash with (448.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.55.
Check Virgin Galactic Probability Of Bankruptcy
Ownership Allocation
Virgin Galactic Holdings shows a total of 28.88 Million outstanding shares. 30% of Virgin Galactic Holdings outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. On May 9, 2022, Representative Brian Mast of US Congress acquired under $15k worth of Virgin Galactic Holdings's common stock.
Check Virgin Ownership Details

Virgin Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
187.4 K
Northern Trust Corp2024-09-30
159.6 K
Alliancebernstein L.p.2024-06-30
77.7 K
Engineers Gate Manager Lp2024-09-30
64.7 K
Bank Of New York Mellon Corp2024-06-30
63.5 K
Federated Hermes Inc2024-09-30
61.9 K
Jane Street Group Llc2024-06-30
60.8 K
Jpmorgan Chase & Co2024-06-30
58.5 K
Penserra Capital Management, Llc2024-06-30
52.9 K
Blackrock Inc2024-06-30
1.6 M
State Street Corp2024-06-30
1.3 M
View Virgin Galactic Diagnostics

Virgin Galactic Historical Income Statement

At present, Virgin Galactic's Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 23 M, whereas Operating Income is projected to grow to (504.9 M). View More Fundamentals

Virgin Stock Against Markets

Virgin Galactic Corporate Management

Seth ZaslowVice President - Investor RelationsProfile
Aleanna CraneVice CommunicationsProfile
David MackayChief PilotProfile
Swami IyerPresident - Aerospace SystemsProfile
George WhitesidesChief Space OfficerProfile
When determining whether Virgin Galactic Holdings is a strong investment it is important to analyze Virgin Galactic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virgin Galactic's future performance. For an informed investment choice regarding Virgin Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Galactic Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virgin Galactic. If investors know Virgin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virgin Galactic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(16.26)
Revenue Per Share
0.421
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.22)
Return On Equity
(0.78)
The market value of Virgin Galactic Holdings is measured differently than its book value, which is the value of Virgin that is recorded on the company's balance sheet. Investors also form their own opinion of Virgin Galactic's value that differs from its market value or its book value, called intrinsic value, which is Virgin Galactic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virgin Galactic's market value can be influenced by many factors that don't directly affect Virgin Galactic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virgin Galactic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.