Last Updated: 09 Nov 2024
Executive Summary
Victory Capital Holdings Inc. (VCTR) is a global asset management company with a market capitalization of $4.12 billion. The company has a strong financial performance, with an EBITDA of $425.07 million and a profit margin of 27.9%. VCTR is currently trading at $66.12, within its 52-week range of $29.59 to $68. The stock has a trailing PE ratio of 18.2 and a forward PE ratio of 11.04. Analysts have a consensus rating of "Buy" on the stock, with a target price of $61.
Company Overview
Victory Capital Holdings Inc. is a global asset management company headquartered in San Antonio, Texas. The company offers a range of investment products and services to institutional and individual investors. VCTR has a global presence, with offices in the United States, Europe, and Asia. The company's investment strategies include equity, fixed income, and alternative investments.
Fundamental Analysis
VCTR has a strong financial performance. The company's revenue has grown by an average of 7.5% over the past five years. In 2023, the company reported revenue of $850.96 million and net income of $239.7 million. VCTR has a strong balance sheet, with total assets of $5.6 billion and total liabilities of $2.3 billion. The company's debt-to-equity ratio is 0.42.
VCTR is currently trading at a trailing PE ratio of 18.2 and a forward PE ratio of 11.04. The stock's PEG ratio is not available. VCTR's book value is $17.32. The company pays a quarterly dividend of $0.3375 per share, which yields 0.253%.
Technical Analysis
VCTR is currently trading above its 50-day moving average of $56.55 and its 200-day moving average of $48.63. The stock's relative strength index (RSI) is 58.5, which indicates that the stock is in a neutral zone. The stock's moving average convergence divergence (MACD) is also neutral.
Short Term Outlook
VCTR is expected to continue to perform well in the short term. The company's strong financial performance and positive analyst sentiment are expected to drive the stock price higher. The stock's technical indicators are also positive, which suggests that the stock is likely to continue to rise in the short term.
Long Term Outlook
VCTR is expected to continue to grow in the long term. The company's global presence and diversified investment strategies are expected to drive the company's growth. The stock's long-term outlook is positive.
Analyst Recommendations
Analysts have a consensus rating of "Buy" on VCTR. The average analyst target price is $61. The highest analyst target price is $68, and the lowest analyst target price is $55.
