Cantor Fitzgerald reaffirmed their overweight rating on shares of VinFast Auto (NASDAQ:VFS – Free Report) in a research report released on Monday morning, Benzinga reports. They currently have a $6.00 price target on the stock.
VinFast Auto Trading Down 1.6 %
Shares of NASDAQ VFS opened at $3.60 on Monday. The business’s 50 day moving average is $3.88 and its 200-day moving average is $4.05. VinFast Auto has a 1-year low of $2.26 and a 1-year high of $15.21. The firm has a market cap of $76.07 million, a P/E ratio of -4.39 and a beta of 0.89.
VinFast Auto (NASDAQ:VFS – Get Free Report) last posted its earnings results on Friday, September 20th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.09). The firm had revenue of $357.39 million during the quarter, compared to the consensus estimate of $583.76 million. Analysts forecast that VinFast Auto will post -0.93 EPS for the current year.
Institutional Inflows and Outflows
VinFast Auto Company Profile
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 operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.
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