VZIO

B. Riley Securities Initiates Coverage of VIZIO Holding Corp - (VZIO) with Buy Recommendation

Fintel reports that on December 13, 2023, B. Riley Securities initiated coverage of VIZIO Holding Corp - (NYSE:VZIO) with a Buy recommendation.

Analyst Price Forecast Suggests 24.80% Upside

As of November 27, 2023, the average one-year price target for VIZIO Holding Corp - is 9.44. The forecasts range from a low of 6.06 to a high of $12.60. The average price target represents an increase of 24.80% from its latest reported closing price of 7.56.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for VIZIO Holding Corp - is 1,943MM, an increase of 13.57%. The projected annual non-GAAP EPS is 0.16.

What is the Fund Sentiment?

There are 266 funds or institutions reporting positions in VIZIO Holding Corp -. This is an increase of 31 owner(s) or 13.19% in the last quarter. Average portfolio weight of all funds dedicated to VZIO is 0.06%, an increase of 42.29%. Total shares owned by institutions increased in the last three months by 10.17% to 59,172K shares. VZIO / VIZIO Holding Corp - Class A Put/Call Ratios The put/call ratio of VZIO is 0.76, indicating a bullish outlook.

What are Other Shareholders Doing?

VZIO / VIZIO Holding Corp - Class A Shares Held by Institutions

HFMCX - THE HARTFORD MIDCAP FUND holds 4,928K shares representing 2.50% ownership of the company. In it's prior filing, the firm reported owning 4,799K shares, representing an increase of 2.63%. The firm increased its portfolio allocation in VZIO by 13.17% over the last quarter.

Brown Advisory holds 3,781K shares representing 1.92% ownership of the company. In it's prior filing, the firm reported owning 3,797K shares, representing a decrease of 0.43%. The firm decreased its portfolio allocation in VZIO by 56.91% over the last quarter.

American Century Companies holds 3,130K shares representing 1.59% ownership of the company. In it's prior filing, the firm reported owning 2,605K shares, representing an increase of 16.78%. The firm decreased its portfolio allocation in VZIO by 0.14% over the last quarter.

ASVIX - Small Cap Value Fund Investor Class holds 2,580K shares representing 1.31% ownership of the company. In it's prior filing, the firm reported owning 2,145K shares, representing an increase of 16.86%. The firm decreased its portfolio allocation in VZIO by 0.02% over the last quarter.

Manufacturers Life Insurance Company, The holds 2,300K shares representing 1.17% ownership of the company. In it's prior filing, the firm reported owning 2,294K shares, representing an increase of 0.29%. The firm decreased its portfolio allocation in VZIO by 16.20% over the last quarter.

VIZIO Holdings Background Information
(This description is provided by the company.)

Vizio Holding Corp. operates as a holding company. The Company, through its subsidiaries, designs and manufactures consumer electronics such as smart TVs, sound bars, and smartcast operating systems. Vizio Holding serves customers worldwide.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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