NASDAQ:VRM

Vroom - VRM Stock Forecast, Price & News

$1.24

-0.02 (-1.59%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $1.17
▼
$1.25
50-Day Range: $0.88
▼
$1.64
52-Week Range: $0.83
▼
$15.79

Volume: 1.99 million shs
Average Volume: 5.52 million shs
Market Capitalization: $171.33 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.93

Vroom MarketRank™ Forecast

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 781.3% Upside
$10.93 Price Target
Short Interest: Bearish
22.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.10
Based on 4 Articles This Week
Insider Trading: Selling Shares
$20,654 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.93) to ($1.72) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Auto/Tires/Trucks Sector

87th out of 104 stocks

Automotive Dealers & Gasoline Service Stations Industry

18th out of 24 stocks

3.1

Analyst's Opinion

Consensus Rating
Vroom has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.93, Vroom has a forecasted upside of 781.3% from its current price of $1.24.
Amount of Analyst Coverage
Vroom has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
22.59% of the float of Vroom has been sold short.
Short Interest Ratio / Days to Cover
Vroom has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Vroom has recently increased by 2.98%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Vroom does not currently pay a dividend.
Dividend Growth
Vroom does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VRM.

1.6

News and Social Media Coverage

News Sentiment
Vroom has a news sentiment score of -0.10. 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 lower news sentiment than the 0.59 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Vroom this week, compared to 4 articles on an average week.
Search Interest
Only 32 people have searched for VRM on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.
MarketBeat Follows
19 people have added Vroom to their MarketBeat watchlist in the last 30 days. This is an increase of 138% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vroom insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,654.00 in company stock.
Percentage Held by Insiders
Only 9.40% of the stock of Vroom is held by insiders.
Percentage Held by Institutions
Only 37.76% of the stock of Vroom is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Vroom are expected to grow in the coming year, from ($2.93) to ($1.72) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vroom is -0.28, 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. Sector
The P/E ratio of Vroom is -0.28, 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 Ratio
Vroom has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Vroom (NASDAQ:VRM) Stock

Vroom, Inc. is a digital technology and eCommerce portal serving the used and after-market car industry. The company operates as a used automotive retailer in the United States and sets itself apart with the idea car buying should be easy, fun, and affordable. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York. The company is led by Tom Shortt and Robert R. Krakowiak who are CEO and CFO respectively and Co-President together.

Vroom, Inc. operates an end-to-end eCommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles. The company is capitalizing on both the fractured nature of the used car market and the early adoption of eCommerce by the used car market. In regard to the opportunity, the used car market is the single largest consumer market in the US with over $840 billion in annual sales in 2021, and eCommerce penetration is very low at only 0.9% compared to over 15% for all retail combined. Vroom boasted 3% of the market share in used cars in the Q1 period of 2022.

The company uses data science and AI to predict pricing trends as well as other metrics within the industry. Buyers can search, compare, choose, purchase, finance, and have delivered the car of their liking while sellers are connected with an immense liquidity pool. Vroom powers its service by buying cars directly from the seller, giving top dollar, and then passing on the value to consumers after a vigorous inspection and reconditioning process.

Its mission is to “help people find their drive”. The three pillars of the experience are High-Quality Cars that have undergone numerous inspections; Buying Made Easy with no haggling and no hassles, the price you see is the price you pay; and delivery, vehicles are delivered directly to the consumer proving a seamless and 100% online experience with no dealerships involved.

Vroom, Inc can also finance vehicles. The company has partnerships with Chase, Santander, and Ally in order to provide the highest-quality financing options available. Once purchased, consumers have 7 days to decide if they want to keep it and there is a limited warranty as well.

On the back end of the business, the company is focused as much on unit economics, operating costs, and liquidity as it is on the customer experience. The drivers of success in this area are a well-oiled consumer platform and delivery system, scalability, and available financing which go hand in hand with the customer experience.

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VRM Stock News Headlines

November 24, 2022 | americanbankingnews.com

Robert W. Baird Downgrades Vroom (NASDAQ:VRM) to Neutral

November 20, 2022 | americanbankingnews.com

Vroom (NASDAQ:VRM) Raised to Neutral at JPMorgan Chase & Co.

November 8, 2022 | finance.yahoo.com

Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206

November 8, 2022 | finance.yahoo.com

Vroom (VRM) Reports Q3 Loss, Lags Revenue Estimates

October 31, 2022 | finance.yahoo.com

Vroom Receives 2022 Auto Finance Excellence Award for Acquisition of United Auto Credit Corporation

October 20, 2022 | seekingalpha.com

Carvana stock crashes nearly 20% after inauspicious Ally earnings report (NYSE:CVNA) - Seeking Alpha

October 18, 2022 | barrons.com

Rest Vroom: Japan's Oldest Toilet Damaged In Car Crash - Barron's

October 15, 2022 | bizjournals.com

Weekend Wheels: Mazda MX-5 Miata is still as fun as it was in 1989 debut - The Business Journals

October 10, 2022 | finance.yahoo.com

Vroom to Release Third Quarter 2022 Earnings on November 7, 2022

October 10, 2022 | thestreet.com

Looking to Buy a New or Used Car? Wait Six Months - TheStreet

September 26, 2022 | pymnts.com

CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook - PYMNTS.com

September 23, 2022 | benzinga.com

Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Vroom (NASDAQ:VRM) - Benzinga

September 16, 2022 | streetinsider.com

Form 4 Vroom, Inc. For: Sep 14 Filed by: Krakowiak Robert R. - StreetInsider.com

September 13, 2022 | seekingalpha.com

Vroom files to sell $300M worth of securities - Seeking Alpha

September 13, 2022 | seekingalpha.com

Vroom Stock: Still No Signs Of Profits (NASDAQ:VRM) - Seeking Alpha

September 12, 2022 | seekingalpha.com

Vroom files to sell $300M worth of securities

August 31, 2022 | fool.com

Vroom, Inc. (NASDAQ: VRM)

August 29, 2022 | benzinga.com

Looking Into Vroom's Return On Capital Employed - Benzinga

August 28, 2022 | bbc.com

Charli XCX: I was always up for getting down and dirty - BBC

August 18, 2022 | nasdaq.com

Vroom Stock’s Blistering Momentum Could Run Out of Gas

August 18, 2022 | investorplace.com

Bill Gates Is Betting Big on Hard-Hit Vroom (VRM) Stock - InvestorPlace

August 16, 2022 | cnbc.com

Stocks making the biggest moves midday: Disney, Poshmark, Vroom and more - CNBC

August 16, 2022 | finance.yahoo.com

Vroom (VRM) Is Attractively Priced Despite Fast-paced Momentum

August 15, 2022 | cnbc.com

Monday top Wall Street analyst calls: Apple, Amazon, Disney, Peloton - CNBC

August 15, 2022 | cnbc.com

Monday top Wall Street analyst calls: Apple, Amazon, Disney, Peloton - CNBC

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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VRM Company Calendar

Last Earnings: 11/07/2022
Today: 11/27/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/27/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Automotive dealers & gasoline service stations
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:VRM
CUSIP: N/A
CIK: 1580864
Web: www.vroom.com
Phone: 631-760-1215
Fax: N/A
Employees: 1,807
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.93
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +781.3%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.41)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-370,910,000.00
Net Margins: -22.68%
Pretax Margin: -23.49%
Return on Equity: -67.54%
Return on Assets: -19.22%

Debt

Debt-to-Equity Ratio: 1.37
Current Ratio: 1.91
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: $3.18 billion
Price / Sales: 0.05
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.22 per share
Price / Book: 0.39

Miscellaneous

Outstanding Shares: 138,170,000
Free Float: 125,185,000
Market Cap: $171.33 million
Optionable: Not Optionable
Beta: 1.53

Key Executives

Mr. Robert R. Krakowiak (Age 51)
CFO & Treasurer
Comp: $311.54k

Ms. Patricia Moran J.D. (Age 62)
Esq., Chief Legal Officer & Sec.
Comp: $356.92k

Ms. Carol Denise Stott (Age 54)
Chief People & Culture Officer
Comp: $300k

Mr. Mark E. Roszkowski (Age 51)
Consultant
Comp: $450k

Mr. Thomas H. Shortt (Age 53)
CEO & Director

Ms. Agnieszka Zakowicz (Age 50)
Sr. VP & Principal Accounting Officer

Mr. Liam J. Harrington
VP of Investor Relations

Mr. Peter Scherr
Chief Marketing Officer

Mr. Dennis Looney
Chief Supply Chain Officer

Mr. John Caine (Age 47)
Chief Conversion Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VRM Stock - Frequently Asked Questions

Should I buy or sell Vroom stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vroom in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRM, but not buy additional shares or sell existing shares.
View VRM analyst ratings or view top-rated stocks.
What is Vroom's stock price forecast for 2023?: 7 analysts have issued 1-year price objectives for Vroom's stock. Their VRM share price forecasts range from $1.50 to $30.00. On average, they predict the company's stock price to reach $10.93 in the next year. This suggests a possible upside of 781.3% from the stock's current price.
View analysts price targets for VRM or view top-rated stocks among Wall Street analysts.
How have VRM shares performed in 2022?: Vroom's stock was trading at $10.79 at the start of the year. Since then, VRM shares have decreased by 88.5% and is now trading at $1.24.
View the best growth stocks for 2022 here.
When is Vroom's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our VRM earnings forecast.
How were Vroom's earnings last quarter?: Vroom, Inc. (NASDAQ:VRM) released its quarterly earnings data on Monday, November, 7th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.59) by $0.05. The business earned $340.80 million during the quarter, compared to analyst estimates of $408.27 million. Vroom had a negative net margin of 22.68% and a negative trailing twelve-month return on equity of 67.54%.
What other stocks do shareholders of Vroom own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Vroom investors own include NVIDIA (NVDA), Tesla (TSLA), Moderna (MRNA), Alibaba Group (BABA), Nikola (NKLA), PayPal (PYPL), DocuSign (DOCU), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD) and Teladoc Health (TDOC).

When did Vroom IPO?: (VRM) raised $357 million in an initial public offering (IPO) on Tuesday, June 9th 2020. The company issued 18,800,000 shares at $18.00-$20.00 per share. Goldman Sachs, BofA Securities, Allen & Company and Wells Fargo Securities served as the underwriters for the IPO and Stifel, William Blair, Baird, JMP Securities and Wedbush Securities were co-managers.
What is Vroom's stock symbol?: Vroom trades on the NASDAQ under the ticker symbol "VRM."
Who are Vroom's major shareholders?: Vroom's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nut Tree Capital Management LP (14.47%), Vanguard Group Inc. (4.53%), Barclays PLC (0.87%), Group One Trading L.P. (0.00%), Gabelli Funds LLC (0.57%) and Gabelli Funds LLC (0.57%). Insiders that own company stock include Adam Valkin, Agnieszka Zakowicz, Carol Denise Stott, David K Jones, David K Jones, Laura W Lang, Lone Star LP Cgp2, Mark E Roszkowski, Patricia Moran, Paul J Hennessy, Robert J Mylod Jr, Robert R Krakowiak, Scott Arnold Dahnke and Timothy M O'reilly.
View institutional ownership trends.
How do I buy shares of Vroom?: Shares of VRM 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 Vroom's stock price today?: One share of VRM stock can currently be purchased for approximately $1.24.
How much money does Vroom make?: Vroom (NASDAQ:VRM) has a market capitalization of $171.33 million and generates $3.18 billion in revenue each year. The company earns $-370,910,000.00 in net income (profit) each year or ($4.41) on an earnings per share basis.
How many employees does Vroom have?: The company employs 1,807 workers across the globe.
How can I contact Vroom?: Vroom's mailing address is 1375 BROADWAY 11TH FLOOR, NEW YORK NY, 10018. The official website for the company is www.vroom.com. The company can be reached via phone at 631-760-1215 or via email at investors@vroom.com.

This page (NASDAQ:VRM) was last updated on 11/27/2022 by MarketBeat.com Staff

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