Virgin Galactic Holdings, Inc. (SPCE)

NYSE: SPCE · IEX Real-Time Price · USD
1.480
+0.020 (1.37%)
At close: Mar 28, 2024, 4:00 PM
1.490
+0.010 (0.68%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Total Valuation

SPCE has a market cap or net worth of $603.66 million. The enterprise value is $110.72 million.

Market Cap 603.66M
Enterprise Value 110.72M

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

SPCE has 400.04 million shares outstanding. The number of shares has increased by 27.78% in one year.

Shares Outstanding 400.04M
Shares Change (YoY) +27.78%
Shares Change (QoQ) +6.55%
Owned by Insiders (%) 8.41%
Owned by Institutions (%) 39.26%
Float 366.65M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 88.77
Forward PS 82.60
PB Ratio 1.19
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 16.28
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.12, with a Debt / Equity ratio of 0.83.

Current Ratio 5.12
Quick Ratio n/a
Debt / Equity 0.83
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -37.99

Financial Efficiency

Return on equity (ROE) is -102.70% and return on invested capital (ROIC) is -57.56%.

Return on Equity (ROE) -102.70%
Return on Assets (ROA) -43.40%
Return on Capital (ROIC) -57.56%
Revenue Per Employee $8,447
Profits Per Employee -$624,021
Employee Count 805
Asset Turnover 0.01
Inventory Turnover 2.51

Taxes

In the past 12 months, SPCE has paid $453,000 in taxes.

Income Tax 453,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -62.05% in the last 52 weeks. The beta is 1.74, so SPCE's price volatility has been higher than the market average.

Beta (1Y) 1.74
52-Week Price Change -62.05%
50-Day Moving Average 1.72
200-Day Moving Average 2.42
Relative Strength Index (RSI) 42.09
Average Volume (30 Days) 9,207,136

Short Selling Information

The latest short interest is 84.71 million, so 21.18% of the outstanding shares have been sold short.

Short Interest 84.71M
Short Previous Month 82.12M
Short % of Shares Out 21.18%
Short % of Float 23.10%
Short Ratio (days to cover) 8.54

Income Statement

In the last 12 months, SPCE had revenue of $6.80 million and -$502.34 million in losses. Loss per share was -$1.49.

Revenue 6.80M
Gross Profit -43.74M
Operating Income -531.51M
Pretax Income -501.88M
Net Income -502.34M
EBITDA -475.64M
EBIT -489.01M
Loss Per Share -$1.49
Full Income Statement

Balance Sheet

The company has $910.83 million in cash and $417.89 million in debt, giving a net cash position of $492.94 million or $1.23 per share.

Cash & Cash Equivalents 910.83M
Total Debt 417.89M
Net Cash 492.94M
Net Cash Per Share $1.23
Equity / Book Value 505.48M
Book Value Per Share 1.26
Working Capital 765.17M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$448.19 million and capital expenditures -$44.31 million, giving a free cash flow of -$492.50 million.

Operating Cash Flow -448.19M
Capital Expenditures -44.31M
Free Cash Flow -492.50M
FCF Per Share -$1.46
Full Cash Flow Statement

Margins

Gross margin is -643.21%, with operating and profit margins of -7,816.31% and -7,387.31%.

Gross Margin -643.21%
Operating Margin -7,816.31%
Pretax Margin -7,380.65%
Profit Margin -7,387.31%
EBITDA Margin -6,994.75%
EBIT Margin -7,191.35%
FCF Margin -7,242.68%

Dividends & Yields

SPCE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -27.78%
Shareholder Yield -27.78%
Earnings Yield -83.22%
FCF Yield -81.59%

Analyst Forecast

The average price target for SPCE is $3.12, which is 110.81% higher than the current price. The consensus rating is "Hold".

Price Target $3.12
Price Target Difference 110.81%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) 187.34%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SPCE has an Altman Z-Score of -2.57 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.57
Piotroski F-Score 2