KeyCorp Issues Positive Outlook for Virgin Galactic Earnings

2025-04-26T07:31:03Z

Virgin Galactic Holdings, Inc. (NYSE:SPCE – Free Report) – Equities researchers at KeyCorp boosted their FY2025 earnings per share estimates for Virgin Galactic in a research report issued on Tuesday, April 22nd. KeyCorp analyst M. Leshock now forecasts that the company will earn ($8.81) per share for the year, up from their prior estimate of ($10.56). The consensus estimate for Virgin Galactic’s current full-year earnings is ($16.05) per share.

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SPCE has been the subject of several other research reports. Susquehanna dropped their price objective on shares of Virgin Galactic from $4.00 to $3.25 and set a “neutral” rating for the company in a report on Thursday, March 13th. The Goldman Sachs Group cut their price target on Virgin Galactic from $41.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.85.

Virgin Galactic Stock Down 1.0 %

Shares of SPCE stock opened at $2.85 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.52 and a quick ratio of 4.52. Virgin Galactic has a one year low of $2.18 and a one year high of $28.20. The company’s fifty day moving average price is $3.23 and its 200-day moving average price is $5.12. The company has a market capitalization of $101.25 million, a price-to-earnings ratio of -0.17 and a beta of 2.11.

Institutional Investors Weigh In On Virgin Galactic

Hedge funds have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Virgin Galactic in the 1st quarter valued at $32,000. Steward Partners Investment Advisory LLC raised its position in shares of Virgin Galactic by 97.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,943 shares of the company’s stock worth $47,000 after acquiring an additional 3,916 shares during the period. Virtu Financial LLC purchased a new stake in shares of Virgin Galactic during the 3rd quarter worth about $70,000. Summit Securities Group LLC acquired a new stake in shares of Virgin Galactic during the 4th quarter valued at about $71,000. Finally, Corebridge Financial Inc. increased its stake in shares of Virgin Galactic by 28.8% in the 4th quarter. Corebridge Financial Inc. now owns 13,172 shares of the company’s stock valued at $77,000 after purchasing an additional 2,942 shares in the last quarter. 46.62% of the stock is owned by hedge funds and other institutional investors.

Virgin Galactic Company Profile

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Virgin Galactic Holdings, Inc, an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. The company engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies.