VinFast Auto (VFS) to Release Earnings on Wednesday

VinFast Auto (NASDAQ:VFS) will release its earnings data before the market opens on Wednesday, April 17th. Analysts expect VinFast Auto to post earnings of ($0.25) per share for the quarter.

VinFast Auto (NASDAQ:VFS) last released its quarterly earnings data on Thursday, February 22nd. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.06). The firm had revenue of $436.51 million for the quarter, compared to the consensus estimate of $582.34 million. On average, analysts expect VinFast Auto to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

VinFast Auto Stock Performance

NASDAQ:VFS opened at $3.95 on Thursday. The company has a 50-day moving average of $5.09 and a 200-day moving average of $6.38. The company has a market capitalization of $83.46 million and a price-to-earnings ratio of -7.75. VinFast Auto has a 52 week low of $3.91 and a 52 week high of $93.00.

Institutional Investors Weigh In On VinFast Auto

An institutional investor recently bought a new position in VinFast Auto stock. Tudor Investment Corp Et Al acquired a new stake in VinFast Auto Ltd. (NASDAQ:VFS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 21,121 shares of the company’s stock, valued at approximately $264,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on VFS shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $7.00 price target on shares of VinFast Auto in a research report on Friday, January 19th. BTIG Research assumed coverage on shares of VinFast Auto in a research report on Wednesday, January 3rd. They set a “buy” rating and a $10.00 price target for the company. Chardan Capital reissued a “buy” rating and set a $13.00 price objective on shares of VinFast Auto in a research note on Wednesday. Finally, Wedbush reissued an “outperform” rating and set a $12.00 price objective on shares of VinFast Auto in a research note on Friday, February 23rd.

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.