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Analysts have begun covering Viad (NYSE:VVI) at StockNews.com.

Roberto Liccardo by Roberto Liccardo
March 17, 2023
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On Thursday, StockNews.com was the first website to provide coverage of research on Viad by publishing a report on the company (NYSE: VVI).

The brokerage firm designated the company’s shares, which is engaged in providing business services, as having a “sell” recommendation attached.

When trading started on Thursday, one share of Viad stock was going for $20.33 per share.

The moving average of the company’s stock price over the past 50 days is $26.12, and the moving average over the last 200 days is $29.98.

The value of the current ratio is 1.13, the value of the quick ratio is 1.08, and the value of the debt-to-equity ratio is 4.72.

All three ratios have similar values.

The company’s market capitalization is currently valued at $421.64 million, and its price-to-earnings ratio is 169.42.

Both its P/E/G ratio and its beta value come in at 1.77ck, going for a price of $20.33 per share.

The moving average of the company’s stock price over the past 50 days is $26.12, and the moving average over the last 200 days is $29.98.

The value of the current ratio is 1.13, the value of the quick ratio is 1.08, and the value of the debt-to-equity ratio is 4.72.

All three ratios have similar values.

The company’s market capitalization is currently valued at $421.64 million, and its price-to-earnings ratio is 169.42.

Both its P/E/G ratio and its beta value come in at 1.77.

During the previous twelve months, the price of Viad ranged from a low of $19.62 to an all-time high of $44.25.
In addition, a research note published by TheStreet on February 9 downgraded the rating of Viad’s shares from “c-” to “d.”
The functions hedge funds perform in the industry have been subject to recent changes.

During the third quarter, Prudential Financial INC increased the amount of Viad stock owned by 4.5%, bringing its total ownership percentage to 100%.

These shares are currently $600,000, and Prudential Financial INC has increased its ownership of the business services provider’s stock by 9,439, bringing its total number to 22,098.

During the second quarter of 2018, Penn Capital Management Company LLC increased the number of shares Viad owned by 26.1%.

Penn Capital Management Company LLC is the current owner of a total of 366,066 shares of stock in the business services provider.

The current market value of these shares is $10,107,000.

This comes from the recent purchase of 75,788 shares during the fiscal quarter.

During the second quarter, Mutual of America Capital Management LLC successfully increased the proportion of the company’s owners that it holds in Viad by 16.9%.

After purchasing 501 additional shares during the most recent quarter, Mutual of America Capital Management LLC now has 3,459 shares of the business services provider.

The total value of those shares is $96,000.

This brings the total number of shares the company owns to 3,459; during the third quarter, River Road Asset Management LLC increased the percentage of Viad stock it owned in its portfolio by 10.4 percent. Following acquiring an additional 93,234 shares during the most recent quarter, River Road Asset Management LLC now holds 991,710 shares of the business services provider’s stock.

According to the current market, River Road Asset Management LLC holdings have a value of $31,318,000.

And finally, throughout the third quarter, Raymond James & Associates completed a 75.5% increase in the percentage of ownership it holds in Viad. Raymond James & Associates now has 58,391 shares of the business services provider’s stock, estimated at $1,844,000, after purchasing an additional 25,117 shares during the most recent quarter. Raymond James & Associates’ holdings in this stock are estimated to be worth $1,844,000.

The vast majority of the company’s stock is held by institutional investors (92.57%).

In addition to supplying services for vacations and other leisure activities, Viad Corporation is also a service provider in the marketing business.

Three divisions make up this organization: the Pursuit department, the GES International department, and the GES U.S.

Department.

The GES business group provides live event services to well-known international companies and significant events worldwide.

Tags: VVI, Analyst Rating
Roberto Liccardo

Roberto Liccardo

Financial and marketing expert at Entrepreneur.com, covering finance, sales and marketing strategies. Proudly wearing 15 years of direct and managerial experience in intensive Digital Marketing and Financial Analytics.

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