NASDAQ:VEV Vicinity Motor (VEV) Stock Forecast, Price & News $0.95 +0.05 (+5.65%) (As of 09/29/2023 08:54 PM ET) Add Compare Share Share Today's Range$0.88▼$0.9550-Day Range$0.82▼$1.2952-Week Range$0.64▼$1.49Volume28,900 shsAverage Volume57,091 shsMarket Capitalization$43.27 millionP/E RatioN/ADividend YieldN/APrice Target$3.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Vicinity Motor MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside216.6% Upside$3.00 Price TargetShort InterestBearish0.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.09Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.77 out of 5 starsAuto/Tires/Trucks Sector74th out of 98 stocksMotor Vehicles & Car Bodies Industry21st out of 32 stocks 3.5 Analyst's Opinion Consensus RatingVicinity Motor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.00, Vicinity Motor has a forecasted upside of 216.6% from its current price of $0.95.Amount of Analyst CoverageVicinity Motor has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.82% of the float of Vicinity Motor has been sold short.Short Interest Ratio / Days to CoverVicinity Motor has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Vicinity Motor has recently increased by 0.09%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVicinity Motor does not currently pay a dividend.Dividend GrowthVicinity Motor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VEV. Previous Next 3.4 News and Social Media Coverage News SentimentVicinity Motor has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Vicinity Motor this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Vicinity Motor to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vicinity Motor insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.73% of the stock of Vicinity Motor is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Vicinity Motor is -2.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Vicinity Motor is -2.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVicinity Motor has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Vicinity Motor (NASDAQ:VEV) StockVicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The company was founded in 2008 and is headquartered in Aldergrove, Canada.Read More VEV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEV Stock News HeadlinesSeptember 29, 2023 | finance.yahoo.comVicinity Motor Corp. Enters Quebec Market with New VMC 1200 Distribution Agreement in Saint-Hyacinthe, CanadaSeptember 28, 2023 | americanbankingnews.comComparing Vicinity Motor (NASDAQ:VEV) and General Motors (NYSE:GM)October 2, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 26, 2023 | finance.yahoo.comVicinity Motor Corp. Receives Order for Four Vicinity(TM) Classic Clean Diesel Buses from the Village of New Square, New YorkSeptember 14, 2023 | msn.comVicinity Motor secures purchase order worth C$1.9M from Simcoe CountySeptember 12, 2023 | finance.yahoo.comVicinity Motor Corp. Hosts Grand Opening Ceremony of Cutting-Edge Campus in Ferndale, WashingtonAugust 18, 2023 | finance.yahoo.comVicinity Motor Corp. to Exhibit Electric Vehicle Lineup at the Fully Charged LIVE Event in Vancouver from September 8-10, 2023August 14, 2023 | finance.yahoo.comVicinity Motor Corp. Reports Second Quarter 2023 Financial ResultsOctober 2, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 8, 2023 | finance.yahoo.comVicinity Motor Corp. to Report Second Quarter 2023 Financial Results on Monday, August 14 at 4:30 p.m. Eastern TimeAugust 8, 2023 | finance.yahoo.comVicinity Motor Corp. Regains Compliance with Nasdaq Minimum Bid Price RequirementJuly 27, 2023 | finance.yahoo.comVEV - Vicinity Motor Corp.July 20, 2023 | theglobeandmail.comDually-Listed Bus Manufacturer Steals The SpotlightJuly 20, 2023 | finance.yahoo.comLafarge Canada Pioneers All-Electric Trucks, Setting the Bar for Sustainable Operations in North AmericaJuly 20, 2023 | finance.yahoo.comVicinity Motor Corp. to Supply Lafarge Canada with VMC 1200 All-Electric Trucks to Enable More Sustainable Operations in North AmericaJune 29, 2023 | benzinga.comVicinity Motor Corp – EV Bus Maker Sees New U.S. Plant Come OnlineJune 27, 2023 | finance.yahoo.comVicinity Motor Corp. to Participate in Benzinga All-Access Show on Tuesday, June 27, 2023May 23, 2023 | finance.yahoo.comVicinity Motor Corp. to Present at 13th Annual LD Micro InvitationalMay 17, 2023 | finanznachrichten.deVicinity Motor Corp. Receives Order for Forty-Two Vicinity Classic Buses from Global Mobility Leader TransdevMay 17, 2023 | finance.yahoo.comVicinity Motor Corp. Receives Order for Forty-Two Vicinity(TM) Classic Buses from Global Mobility Leader TransdevMay 15, 2023 | finance.yahoo.comVicinity Motor Corp. Reports First Quarter 2023 Financial ResultsMay 8, 2023 | finance.yahoo.comVicinity Motor Corp. to Report First Quarter 2023 Financial Results on Monday, May 15 at 4:30 p.m. Eastern TimeMay 3, 2023 | finance.yahoo.comVicinity Motor Corp. Creates Additional Financial Flexibility With New US$9.0 Million Credit Facility with Export Development CanadaApril 27, 2023 | finance.yahoo.comVicinity Motor Corp. to Exhibit VMC 1200 Electric Truck at Advanced Clean Transportation Expo on May 2-4, 2023March 31, 2023 | msn.comVicinity Motor GAAP EPS of -$0.09, revenue of $2M misses by $2.33MMarch 30, 2023 | finance.yahoo.comVicinity Motor Corp. Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 29, 2023 | markets.businessinsider.comWhat Wall Street expects from Vicinity Motor's earningsSee More Headlines Receive VEV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Vicinity Motor and its competitors with MarketBeat's FREE daily newsletter. Email Address VEV Company Calendar Last Earnings8/14/2023Today10/01/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicles & car bodies Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:VEV CUSIPN/A CIK1834975 Webgrandewest.com Phone(604) 607-4000FaxN/AEmployees60Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.00 High Stock Price Forecast$3.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+216.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-17,950,000.00 Net Margins-130.82% Pretax Margin-130.79% Return on Equity-40.75% Return on Assets-24.20% Debt Debt-to-Equity Ratio0.08 Current Ratio1.28 Quick Ratio0.83 Sales & Book Value Annual Sales$18.48 million Price / Sales2.34 Cash FlowN/A Price / Cash FlowN/A Book Value$0.82 per share Price / Book1.16Miscellaneous Outstanding Shares45,670,000Free FloatN/AMarket Cap$43.27 million OptionableNot Optionable Beta0.53 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. William R. Trainer (Age 64)Founder, CEO, Pres & Director Comp: $353.78kMr. Danial Buckle (Age 47)Chief Financial Officer Comp: $255.58kMr. John LaGourgue (Age 54)VP of Corp. Devel. & Director Comp: $228.56kMr. Dan CourtneyDirector of Investor RelationsMr. Yue Zhong Wang (Age 61)Chief Engineer Mr. Keith T. Parker (Age 56)Consultant Ms. Marion McGrath (Age 62)Corp. Sec. More ExecutivesKey CompetitorsFaraday Future Intelligent ElectricNASDAQ:FFIEREE AutomotiveNASDAQ:REEArrivalNASDAQ:ARVLVolconNASDAQ:VLCNCenntro Electric GroupNASDAQ:CENNView All Competitors VEV Stock - Frequently Asked Questions Should I buy or sell Vicinity Motor stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vicinity Motor in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" VEV shares. View VEV analyst ratings or view top-rated stocks. What is Vicinity Motor's stock price forecast for 2023? 1 Wall Street analysts have issued 1-year target prices for Vicinity Motor's shares. Their VEV share price forecasts range from $3.00 to $3.00. On average, they anticipate the company's stock price to reach $3.00 in the next twelve months. This suggests a possible upside of 216.6% from the stock's current price. View analysts price targets for VEV or view top-rated stocks among Wall Street analysts. How have VEV shares performed in 2023? Vicinity Motor's stock was trading at $0.96 at the beginning of 2023. Since then, VEV stock has decreased by 1.3% and is now trading at $0.9475. View the best growth stocks for 2023 here. When is Vicinity Motor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our VEV earnings forecast. How were Vicinity Motor's earnings last quarter? Vicinity Motor Corp. (NASDAQ:VEV) issued its earnings results on Monday, August, 14th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $4.82 million for the quarter. Vicinity Motor had a negative net margin of 130.82% and a negative trailing twelve-month return on equity of 40.75%. What is Vicinity Motor's stock symbol? Vicinity Motor trades on the NASDAQ under the ticker symbol "VEV." How do I buy shares of Vicinity Motor? Shares of VEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Vicinity Motor's stock price today? One share of VEV stock can currently be purchased for approximately $0.95. How much money does Vicinity Motor make? Vicinity Motor (NASDAQ:VEV) has a market capitalization of $43.27 million and generates $18.48 million in revenue each year. The company earns $-17,950,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. How can I contact Vicinity Motor? The official website for the company is grandewest.com. The company can be reached via phone at (604) 607-4000 or via email at ir@grandewest.com. This page (NASDAQ:VEV) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Vicinity Motor Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.