Vivint Smart Home (NYSE:VVNT) was downgraded by Zacks Investment Research from a “hold” ranking to a “sell” ranking in a analysis report issued to shoppers and buyers on Saturday, Zacks.com stories.
According to Zacks, “Vivint Smart Home Inc. is a smart home company primarily in North America. It delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring. Vivint Smart Home Inc., formerly known as Mosaic Acquisition Corp., is based in Provo, United States. “
Other equities analysis analysts have additionally lately issued stories concerning the inventory. Morgan Stanley dropped their value goal on shares of Vivint Smart Home from $14.00 to $10.00 and set an “equal weight” ranking for the corporate in a analysis report on Wednesday, October sixth. Imperial Capital upgraded shares of Vivint Smart Home from an “in-line” ranking to an “outperform” ranking and set a $17.00 value goal for the corporate in a analysis report on Tuesday, November sixteenth. Finally, JPMorgan Chase & Co. reiterated an “overweight” ranking and issued a $20.00 value goal on shares of Vivint Smart Home in a analysis report on Wednesday, September twenty ninth. One equities analysis analyst has rated the inventory with a promote ranking, one has issued a maintain ranking and 4 have assigned a purchase ranking to the inventory. Based on information from MarketBeat.com, the corporate presently has a consensus ranking of “Buy” and a mean value goal of $17.17.
NYSE:VVNT opened at $9.70 on Friday. The agency has a market capitalization of $2.02 billion, a P/E ratio of -4.35 and a beta of 0.66. Vivint Smart Home has a 1-year low of $7.80 and a 1-year excessive of $25.10. The firm’s fifty day shifting common value is $9.94 and its 200-day shifting common value is $11.75.
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Vivint Smart Home (NYSE:VVNT) final launched its quarterly earnings information on Monday, November fifteenth. The firm reported ($0.52) earnings per share for the quarter, lacking the Zacks’ consensus estimate of ($0.36) by ($0.16). The agency had income of $386.71 million for the quarter, in contrast to analysts’ expectations of $355.23 million. Equities analysis analysts forecast that Vivint Smart Home will submit -1.74 EPS for the present fiscal yr.
Large buyers have lately added to or decreased their stakes within the enterprise. Vanguard Group Inc. lifted its holdings in Vivint Smart Home by 8.1% within the 2nd quarter. Vanguard Group Inc. now owns 4,180,299 shares of the corporate’s inventory valued at $55,180,000 after buying an extra 311,687 shares within the final quarter. Bel Air Investment Advisors LLC bought a brand new place in shares of Vivint Smart Home throughout the 2nd quarter price about $428,000. Maven Securities LTD bought a brand new place in shares of Vivint Smart Home throughout the 2nd quarter price about $1,797,000. Deutsche Bank AG lifted its holdings in shares of Vivint Smart Home by 15.9% throughout the 2nd quarter. Deutsche Bank AG now owns 59,046 shares of the corporate’s inventory price $779,000 after buying an extra 8,086 shares throughout the interval. Finally, ProShare Advisors LLC lifted its holdings in shares of Vivint Smart Home by 11.3% throughout the 2nd quarter. ProShare Advisors LLC now owns 23,771 shares of the corporate’s inventory price $314,000 after buying an extra 2,413 shares throughout the interval. Institutional buyers personal 79.80% of the corporate’s inventory.
Vivint Smart Home Company Profile
Vivint Smart Home, Inc, along with its subsidiaries, engages within the sale, set up, servicing, and monitoring of sensible residence and safety methods primarily within the United States and Canada. The firm’s sensible residence platform contains cloud-enabled sensible residence working methods; Vivint Assist, an AI-driven sensible residence automation and help software program; software-enabled sensible residence units; and tech-enabled providers to educate, handle, and help the sensible residence.
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