NYSE:VVIViad Stock Price, Forecast & News

$18.49

-1.95 (-9.54 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$18.20

Now: $18.49▼

$20.80

50-Day Range

$14.65

MA: $20.36▼

$25.73

52-Week Range

$11.25

Now: $18.49▼

$72.27

Volume341,563 shs

Average Volume269,095 shs

Market Capitalization$376.84 million

P/E Ratio13.60

Dividend Yield1.96%

Beta1.54

Viad Corp operates as an experiential services company in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. It operates in two business groups, GES and Pursuit. The company offers event planning and production, look and feel design, layout and floor plan designs, furnishings and carpet, show traffic analysis, marketing and strategy, electrical distribution, cleaning, plumbing, overhead and booth rigging, and material handling services; and signage products and common area structures. It also provides creative design and strategy, integrated marketing and pre/post event communications, data analytics and insights, event surveys, return on investment analysis, online management tools, attendee/exhibit booth traffic analysis, staff training, logistics/transportation, storage/refurbishment of exhibits, installation and dismantling labor, and tradeshow program management services. In addition, the company offers custom exhibit design/construction, portable/modular exhibits and design, and graphics and signage products; event technology services, including event accommodation solutions, registration and data analytics, and event management tools; and audio-visual services, such as video and lighting production, digital studio, entertainment and talent coordination, projection mapping, and computer rental and support services. Further, it owns and operates hotels and lodges, recreational attractions, food and beverage, and retail facilities; provides ground transportation services comprising sightseeing tour, airport shuttle, and seasonal charter motor coach services, as well as offers corporate and event management services for meetings, conferences, incentive travel, sports, and special events. The company was founded in 1914 and is headquartered in Phoenix, Arizona.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Viad 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/Downside
According to analysts' consensus price target of $59.00, Viad has a potential upside of 219.1% from its current price of $18.49.
Amount of Analyst Coverage
Viad has only been the subject of 1 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
Viad has received 288 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Viad has received 176 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Viad has received 62.07% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Viad and other stocks. Vote “Outperform” if you believe VVI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VVI will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Viad is a leading dividend payer. It pays a dividend yield of 1.96%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Viad does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Viad is 16.13 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Viad will have a dividend payout ratio of 16.13 % next year. This indicates that Viad will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Viad insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Viad is held by insiders.
Percentage Held by Institutions
89.87% of the stock of Viad 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 Viad are expected to grow in the coming year, from ($1.13) to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Viad is 13.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Viad is 13.60, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 20.65.
Price to Book Value per Share Ratio
Viad has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.69 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Business services, not elsewhere classified

Sub-IndustryDiversified Support Services

SectorBusiness Services

Current SymbolNYSE:VVI

Previous Symbol

CUSIP92552R40

CIK884219

Webwww.viad.com

Phone602-207-1000

Debt

Debt-to-Equity Ratio0.19

Current Ratio0.48

Quick Ratio0.44

Price-To-Earnings

Trailing P/E Ratio13.60

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.37 billion

Price / Sales0.27

Cash Flow$5.15 per share

Price / Cash Flow3.59

Book Value$26.92 per share

Price / Book0.69

Profitability

EPS (Most Recent Fiscal Year)$2.48

Net Income$22.03 million

Net Margins2.06%

Return on Equity9.91%

Return on Assets4.10%

Miscellaneous

Employees5,361

Outstanding Shares20,381,000

Market Cap$376.84 million

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Viad (NYSE:VVI) Frequently Asked Questions

How has Viad's stock been impacted by COVID-19 (Coronavirus)?

Viad's stock was trading at $34.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VVI stock has decreased by 46.3% and is now trading at $18.49. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Viad?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viad in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Viad.

When is Viad's next earnings date?

Viad is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Viad.

How were Viad's earnings last quarter?

Viad Corp (NYSE:VVI) issued its quarterly earnings results on Thursday, May, 14th. The business services provider reported ($0.42) EPS for the quarter, topping the Zacks' consensus estimate of ($0.58) by $0.16. The business services provider had revenue of $306.01 million for the quarter, compared to analysts' expectations of $291.20 million. Viad had a return on equity of 9.91% and a net margin of 2.06%. View Viad's earnings history.

How often does Viad pay dividends? What is the dividend yield for Viad?

Viad announced a quarterly dividend on Friday, February 28th. Investors of record on Monday, March 16th will be paid a dividend of $0.10 per share on Wednesday, April 1st. This represents a $0.40 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Friday, March 13th. View Viad's dividend history.

What guidance has Viad issued on next quarter's earnings?

Viad issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, March, 16th. The company provided EPS guidance of -0.59--0.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.02. The company issued revenue guidance of $290-308 million, compared to the consensus revenue estimate of $354.4 million.

What price target have analysts set for VVI?

1 Wall Street analysts have issued 1 year target prices for Viad's stock. Their forecasts range from $59.00 to $59.00. On average, they expect Viad's share price to reach $59.00 in the next twelve months. This suggests a possible upside of 219.1% from the stock's current price. View analysts' price targets for Viad.

Has Viad been receiving favorable news coverage?

News coverage about VVI stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Viad earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutViad.

Are investors shorting Viad?

Viad saw a increase in short interest in April. As of April 15th, there was short interest totaling 797,600 shares, an increase of 12.1% from the March 31st total of 711,600 shares. Based on an average trading volume of 286,100 shares, the short-interest ratio is currently 2.8 days. Currently, 4.0% of the shares of the company are short sold. View Viad's Current Options Chain.

Who are some of Viad's key competitors?

Some companies that are related to Viad include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), Mobile Mini (MINI), McGrath RentCorp (MGRC) and Performant Financial (PFMT). View all competitors.

What other stocks do shareholders of Viad own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Viad investors own include Metlife (MET), Brighthouse Financial (BHF), Netflix (NFLX), Walt Disney (DIS), Carnival (CCL), iShares California Muni Bond ETF (CMF), Cinemark (CNK), iShares 3-7 Year Treasury Bond ETF (IEI), Penn National Gaming (PENN) and Roku (ROKU).

Who are Viad's key executives?

Viad's management team includes the following people:

Mr. Steven W. Moster, CEO, Pres & Director (Age 49)
Ms. Ellen Marie Ingersoll, Chief Financial Officer (Age 55)
Mr. Derek P. Linde, Gen. Counsel & Corp. Sec. (Age 43)
Ms. Trisha Fox, Chief Human Resource Officer
Mr. David W. Barry, Pres of Pursuit (Age 56)

What is Viad's stock symbol?

Viad trades on the New York Stock Exchange (NYSE) under the ticker symbol "VVI."

Who are Viad's major shareholders?

Viad's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.86%), Victory Capital Management Inc. (7.41%), Victory Capital Management Inc. (7.41%), Wells Fargo & Company MN (4.91%), State Street Corp (3.27%) and Invesco Ltd. (1.77%). Company insiders that own Viad stock include Andrew B Benett, David W Barry and Robert E Munzenrider. View institutional ownership trends for Viad.

Which institutional investors are selling Viad stock?

VVI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Alliancebernstein L.P., Loomis Sayles & Co. L P, Morgan Stanley, Invesco Ltd., Citigroup Inc., UBS Group AG, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Viad.

Which institutional investors are buying Viad stock?

VVI stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Bandera Partners LLC, Assenagon Asset Management S.A., Two Sigma Advisers LP, Two Sigma Investments LP, and Aperture Investors LLC. Company insiders that have bought Viad stock in the last two years include Andrew B Benett, and David W Barry. View insider buying and selling activity for Viad.

How do I buy shares of Viad?

Shares of VVI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Viad's stock price today?

One share of VVI stock can currently be purchased for approximately $18.49.

How big of a company is Viad?

Viad has a market capitalization of $376.84 million and generates $1.37 billion in revenue each year. The business services provider earns $22.03 million in net income (profit) each year or $2.48 on an earnings per share basis. Viad employs 5,361 workers across the globe.

What is Viad's official website?

The official website for Viad is www.viad.com.

How can I contact Viad?

Viad's mailing address is 1850 NORTH CENTRAL AVENUE SUITE 1900, PHOENIX AZ, 85004. The business services provider can be reached via phone at 602-207-1000 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff