Shares of Finance sector company VinFast Auto moved 17.5% today, and are now trading at a price of $4.9. The Large-Cap stock's daily volume was 5,521,316 compared to its average volume of 2,946,596. The S&P 500 index returned a -1.0% performance.
VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company is based in Hai Phong City and has 14,000 full time employees. Its market capitalization is $11,456,347,136.
4 analysts are following VinFast Auto and have set target prices ranging from $5.0 to $13.0 per share. On average, they have given the company a rating of buy. At today's prices, VFS is trading -42.35% away from its average analyst target price of $8.5 per share.
Over the last year, VFS shares have gone down by -53.1%, which represents a difference of -77.1% when compared to the S&P 500. The stock's 52 week high is $93.0 per share and its 52 week low is $2.25. VinFast Auto has averaged free cash flows of $-55629914666666.7 over the last 2 years, with a mean growth rate of -33.4%. It is likely that the stock will keep following its current negative performance trend while the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -53,649,366,000 | 24,953,280,000 | -78,602,646,000 | -47.44 |
| 2022 | -35,628,413,000 | 17,681,672,000 | -53,310,085,000 | -52.41 |
| 2021 | -28,969,088,000 | 6,007,925,000 | -34,977,013,000 |
