VIZIO Holding Corp. (NYSE:VZIO) Given Consensus Rating of “Hold” by Brokerages

Shares of VIZIO Holding Corp. (NYSE:VZIO) have earned an average recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $11.08.

A number of equities analysts have recently commented on VZIO shares. Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Barrington Research lowered VIZIO from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th.

Institutional Investors Weigh In On VIZIO

Institutional investors and hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in VIZIO in the second quarter valued at about $27,000. Quest Partners LLC bought a new stake in shares of VIZIO in the 2nd quarter valued at approximately $40,000. Future Financial Wealth Managment LLC acquired a new position in shares of VIZIO in the 3rd quarter worth approximately $45,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of VIZIO during the 3rd quarter worth approximately $45,000. Finally, FMR LLC grew its position in VIZIO by 77.9% in the third quarter. FMR LLC now owns 6,256 shares of the company’s stock valued at $70,000 after acquiring an additional 2,739 shares during the period. Institutional investors own 66.24% of the company’s stock.

VIZIO Trading Down 0.2 %

NYSE:VZIO opened at $11.37 on Thursday. The firm has a market capitalization of $2.30 billion, a PE ratio of 1,137.00 and a beta of 2.00. VIZIO has a 1 year low of $6.84 and a 1 year high of $11.40. The firm’s fifty day simple moving average is $11.24 and its 200 day simple moving average is $11.04.

About VIZIO

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.