Here Are the Facts You Need to Understand Virgin Galactic (SPCE)

Small-cap consumer discretionary company Virgin Galactic has moved -5.0% this afternoon, reaching $5.42 per share. In contrast, the average analyst target price for the stock is $4.47.

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. The company is based in the United States.

What to Consider if You Are Thinking of Buying Virgin Galactic:

  • Virgin Galactic has moved -11.7% over the last year.

  • SPCE has a forward P/E ratio of -3.2 based on its EPS guidance of -1.67.

  • Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of -19.5%.

  • The company has a price to earnings growth (PEG) ratio of -0.15.

  • Its Price to Book (P/B) ratio is 4.17

Virgin Galactic Has Negative Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 -380,241 -16,489 -396,730 -68.54
2021-12-31 -230,763 -4,635 -235,398 5.98
2020-12-31 -233,159 -17,201 -250,360 -12.29
2019-12-31 -203,556 -19,411 -222,967 n/a

Averaging $-276.36 Million over the last 4 years, Virgin Galactic has consistently negative free cash flows. Their compounded average growth rate over this period is -15.5%, and their coefficient of variability is 29.3%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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