VIZIO (VZIO) Set to Announce Earnings on Wednesday

VIZIO (NYSE:VZIO) is set to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

VIZIO Stock Down 0.1 %

NYSE:VZIO opened at $11.12 on Wednesday. VIZIO has a twelve month low of $4.82 and a twelve month high of $11.37. The company has a fifty day moving average of $11.21 and a 200-day moving average of $10.94. The firm has a market capitalization of $2.23 billion, a P/E ratio of 139.02 and a beta of 2.04.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of VIZIO in a research note on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, VIZIO currently has an average rating of “Hold” and a consensus target price of $10.50.

Insider Buying and Selling at VIZIO

In other news, insider Michael Joseph O’donnell sold 2,555 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $11.13, for a total transaction of $28,437.15. Following the sale, the insider now owns 602,364 shares in the company, valued at approximately $6,704,311.32. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 44.68% 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.