NASDAQ:VWE

Vintage Wine Estates (VWE) Stock Forecast, Price & News

$0.57

-0.06 (-9.54%)

(As of 09/29/2023 ET)

Compare

Today's Range: $0.56
▼
$0.64
50-Day Range: $0.57
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$1.00
52-Week Range: $0.56
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$3.99

Volume: 464,951 shs
Average Volume: 98,327 shs
Market Capitalization: $33.76 million

P/E Ratio: 1.21
Dividend Yield: N/A
Price Target: $1.87

Vintage Wine Estates MarketRank™ Forecast

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 228.1% Upside
$1.87 Price Target
Short Interest: Healthy
1.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.45) to ($0.29) Per Share

Overall MarketRank^™

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

2.41 out of 5 stars

Consumer Staples Sector

56th out of 134 stocks

Beverages Industry

3rd out of 12 stocks

2.8

Analyst's Opinion

Consensus Rating
Vintage Wine Estates has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $1.87, Vintage Wine Estates has a forecasted upside of 228.1% from its current price of $0.57.
Amount of Analyst Coverage
Vintage Wine Estates has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.78% of the float of Vintage Wine Estates has been sold short.
Short Interest Ratio / Days to Cover
Vintage Wine Estates has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Vintage Wine Estates has recently increased by 7.07%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Vintage Wine Estates does not currently pay a dividend.
Dividend Growth
Vintage Wine Estates 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 VWE.

1.9

News and Social Media Coverage

News Sentiment
Vintage Wine Estates has a news sentiment score of 0.38. 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 0.65 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Vintage Wine Estates this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for VWE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Vintage Wine Estates to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vintage Wine Estates insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.00% of the stock of Vintage Wine Estates is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
85.40% of the stock of Vintage Wine Estates is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Vintage Wine Estates are expected to grow in the coming year, from ($2.45) to ($0.29) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vintage Wine Estates is 1.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vintage Wine Estates is 1.21, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.85.
Price to Book Value per Share Ratio
Vintage Wine Estates has a P/B Ratio of 0.10. 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 Vintage Wine Estates (NASDAQ:VWE) Stock

Vintage Wine Estates, Inc. produces and sells wines and craft spirits in the United States, Canada, and internationally. The company offers its products under the Layer Cake, Cameron Hughes, Clos Pegase, B.R. Cohn, Firesteed, Bar Dog, Kunde, Cherry Pie, and others. It also owns and operates hospitality facilities; and provides bottling, fulfillment, and storage services to other companies on a contract basis. The company was founded in 2019 and is headquartered in Incline Village, Nevada.

VWE Price History

30 days | 90 days | 365 days | Advanced Chart

VWE Stock News Headlines

September 24, 2023 | msn.com

The small town upping Virginia's wine game

September 21, 2023 | msn.com

Vintage Wine Estates receives Nasdaq warning

October 1, 2023 | Legacy Research (Ad)

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)

“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”

September 20, 2023 | bizjournals.com

Nicholas Kristof and family set to launch wine brand from their Yamhill vineyard

September 15, 2023 | golfweek.usatoday.com

5 things to know about Sonoma, a Wine Country getaway with a side of golf

September 6, 2023 | bizjournals.com

Wine & Spirits names 5 Washington wineries to global Top 100 list

September 1, 2023 | yahoo.com

On The Market: An Oregon Beach House, a Wine Country Estate, and More Great Homes for Sale This Week

July 21, 2023 | finanznachrichten.de

Vintage Wine Estates, Inc.: Vintage Wine Estates Provides Business Update and Preliminary Outlook for Fiscal 2024

October 1, 2023 | Legacy Research (Ad)

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)

July 21, 2023 | finanznachrichten.de

Vintage Wine Estates, Inc.: Vintage Wine Estates Appoints Seth Kaufman as President and CEO

July 13, 2023 | finance.yahoo.com

Vintage Wine Estates to Provide Business Update and Host Conference Call and Webcast on July 20, 2023

July 12, 2023 | benzinga.com

Napa Valley Winery Pym-Rae Tesseron Estate Joins Folio Fine Wine Partners

July 12, 2023 | yahoo.com

The Wine of Summer? Riesling, Baby

May 12, 2023 | msn.com

Recap: Vintage Wine Estates Q2 Earnings

May 11, 2023 | finance.yahoo.com

ACE Cider Releases New ACE High Imperial Pineapple

May 10, 2023 | finance.yahoo.com

Vintage Wine Estates Reports Nine Month Fiscal 2023 Results

May 8, 2023 | msn.com

Vintage Wine Estates: Facing Uphill Battles Against A Downturn

May 4, 2023 | markets.businessinsider.com

Grabar Law Office Is Investigating Claims on Behalf of Shareholders of Vintage Wine Estates, Inc. (VWE)

May 4, 2023 | finance.yahoo.com

STUNTMAN PR FOUNDER NEIL ALUMKAL WINS SILVER STEVIE® AWARD FOR PR EXECUTIVE OF THE YEAR

April 26, 2023 | forbes.com

Holden Manz Wine Estate In Franschhoek: A Gorgeous Place In South Africa

April 11, 2023 | markets.businessinsider.com

Vintage Wine Estates (VWE) Receives a Hold from D.A. Davidson

April 6, 2023 | msn.com

Telsey Advisory Group Reiterates Vintage Wine Estates (VWE) Underperform Recommendation

March 30, 2023 | msn.com

Alcohol pricing is reportedly the subject of a new FTC probe

March 20, 2023 | finance.yahoo.com

Vintage Wine Estates, Inc. (VWE)

March 10, 2023 | finance.yahoo.com

Vintage Wine Estates Announces Sale of Tenma Vineyard

February 17, 2023 | benzinga.com

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Vintage Wine Estates, Inc

February 16, 2023 | finance.yahoo.com

Vintage Wine Estates Receives Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

See More Headlines

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VWE Company Calendar

Last Earnings: 11/15/2021
Today: 10/01/2023
Next Earnings (Estimated): 10/03/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Beverages
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:VWE
CUSIP: N/A
CIK: 1834045
Web: www.vintagewineestates.com
Phone: 877-289-9463
Fax: N/A
Employees: 586
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.87
High Stock Price Forecast: $3.00
Low Stock Price Forecast: $1.10
Forecasted Upside/Downside: +228.1%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 1.21
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-570,000.00
Net Margins: -51.02%
Pretax Margin: -61.40%
Return on Equity: -40.26%
Return on Assets: -17.20%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.80
Quick Ratio: 0.27

Sales & Book Value

Annual Sales: $293.77 million
Price / Sales: 0.11
Cash Flow: $0.82 per share
Price / Cash Flow: 0.69
Book Value: $5.75 per share
Price / Book: 0.10

Miscellaneous

Outstanding Shares: 59,340,000
Free Float: 27,296,000
Market Cap: $33.76 million
Optionable: Optionable
Beta: 1.27

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Key Executives

Mr. Patrick A. Roney (Age 67)
Co-Founder & Exec. Chairman
Comp: $596.06k

Ms. Kristina L. Johnston (Age 46)
Chief Financial Officer
Comp: $304.89k

Mr. Jon Moramarco (Age 66)
Interim CEO & Director

Mr. Zach Long
Chief Operating Officer

Mr. Eric D. Miller
Gen. Counsel

Ms. Mary Ann Vangrin
VP of Communications & Social Media

Ms. Jenna Duran
VP of Marketing

Ms. Holly Hawkins
VP of HR

Ms. Jessica Kogan
Chief Growth & Experience Officer

Ms. Erica Landin-Lofving
Chief Sustainability Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VWE Stock - Frequently Asked Questions

Should I buy or sell Vintage Wine Estates stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vintage Wine Estates in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" VWE shares.
View VWE analyst ratings or view top-rated stocks.
What is Vintage Wine Estates' stock price forecast for 2023?: 3 brokers have issued 1-year price targets for Vintage Wine Estates' stock. Their VWE share price forecasts range from $1.10 to $3.00. On average, they predict the company's stock price to reach $1.87 in the next year. This suggests a possible upside of 228.1% from the stock's current price.
View analysts price targets for VWE or view top-rated stocks among Wall Street analysts.
How have VWE shares performed in 2023?: Vintage Wine Estates' stock was trading at $3.26 on January 1st, 2023. Since then, VWE stock has decreased by 82.5% and is now trading at $0.5690.
View the best growth stocks for 2023 here.
When is Vintage Wine Estates' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 3rd 2023.
View our VWE earnings forecast.
How were Vintage Wine Estates' earnings last quarter?: Vintage Wine Estates, Inc. (NASDAQ:VWE) announced its quarterly earnings results on Monday, November, 15th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.14 by $0.09. The business had revenue of $55.69 million for the quarter, compared to analyst estimates of $66.60 million. Vintage Wine Estates had a negative net margin of 51.02% and a negative trailing twelve-month return on equity of 40.26%.
What guidance has Vintage Wine Estates issued on next quarter's earnings?: Vintage Wine Estates issued an update on its FY 2024 earnings guidance on Wednesday, September, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $250.00 million-$270.00 million, compared to the consensus revenue estimate of $255.22 million.

What is Vintage Wine Estates' stock symbol?: Vintage Wine Estates trades on the NASDAQ under the ticker symbol "VWE."
How do I buy shares of Vintage Wine Estates?: Shares of VWE 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 Vintage Wine Estates' stock price today?: One share of VWE stock can currently be purchased for approximately $0.57.
How much money does Vintage Wine Estates make?: Vintage Wine Estates (NASDAQ:VWE) has a market capitalization of $33.76 million and generates $293.77 million in revenue each year.
How many employees does Vintage Wine Estates have?: The company employs 586 workers across the globe.
How can I contact Vintage Wine Estates?: The official website for the company is www.vintagewineestates.com. The company can be reached via phone at 877-289-9463 or via email at ir@vintagewineestates.com.

This page (NASDAQ:VWE) was last updated on 10/1/2023 by MarketBeat.com Staff

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