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How to Buy Virgin Galactic Holdings Stock

Virgin Galactic Holdings Inc

Virgin Galactic Holdings, Inc. , an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles.

Virgin Galactic Holdings stock last closed at $7.15, down 11.07% from the previous day, and has decreased 90.57% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 1.08 percentage points. Virgin Galactic Holdings stock is currently +2.14% from its 52-week low of $7.00, and -91.72% from its 52-week high of $86.40.

At the moment, there are 20.57M SPCE shares outstanding. The market cap of SPCE is $147.06M. In the past 24 hours, 4.56M SPCE shares were traded.

How to Buy Virgin Galactic Holdings Stock

Wondering how to invest in Virgin Galactic Holdings stock? Here's how.
  1. Decide where to buy Virgin Galactic Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Virgin Galactic Holdings stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Evaluate Virgin Galactic Holdings stock: The Virgin Galactic Holdings ticker symbol is SPCE. Is Virgin Galactic Holdings stock a good investment? Should you buy shares of SPCE? How do SPCE's underlying business fundamentals look? Do top analysts think Virgin Galactic Holdings is a good buy? Why has SPCE's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SPCE is a good stock to buy).
  5. Place your SPCE purchase: Decide if you will purchase SPCE shares at the current market price or use a limit order to buy SPCE stock at a particular price.
  6. Keep an eye on your SPCE investment: Create a watchlist to get live updates on your position in Virgin Galactic Holdings shares.

Step 1: Decide where to buy Virgin Galactic Holdings stock

You will need an online brokerage account to access the NYSE market and buy SPCE stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to buy SPCE today.

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Step 3: Deposit funds into your brokerage account

Now that you have finished signing up on stock apps to use, you can securely and quickly fund your account:

Watch this video walkthrough if you need help transferring funds into your new investment account.

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Step 4: Evaluate Virgin Galactic Holdings stock

Once you have chosen the best place to buy Virgin Galactic Holdings stock, it's critical to research their stock prior to buying, so you can wrap your head around the risk and upside.

Virgin Galactic Holdings Numbers

SPCE Price
$7.15
1w %
1.27%
1y %
-90.57%
5y %
-96.59%
P/E
-0.29x
P/B
0.35x
P/S
17.06x
PEG
N/A
Revenue
$8.39M
Earnings
-$444.96M
Fore. Rev. Growth
115.44%
Fore. Earn. Growth
N/A
Market Cap
$147.06M
Next Earnings
Jul 30, 2024
Next Dividend
N/A

Virgin Galactic Holdings Overview

WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on SPCE's stock page.

Is SPCE stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SPCE's intrinsic value.

Using relative valuations metrics:

  • SPCE could be undervalued based on its P/B ratio of 0.35x, relative to Aerospace & Defense industry P/B ratio of 5.62x

You can access additional valuation analysis on SPCE's stock here.

SPCE Financial Health Summary

Positive Health Checks:

  • SPCE has cash burn of 479967000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the SPCE balance sheet.
  • Total SPCE debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the SPCE balance sheet.

Negative Health Checks:

  • SPCE profit margin has gone up by 184.5 percentage points in the past year, but the company is still unprofitable.
  • SPCE has a relatively high debt to equity ratio of 1.58.
  • SPCE has $800.13M in cash and short term investments. This is not sufficient to cover its annual cash burn of $479.97M.

Is it a good time to buy Virgin Galactic Holdings stock, according to Wall Street analysts?

Out of 6 Equities analysts who track SPCE, the consensus analyst rating on SPCE is a Hold

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent SPCE Analyst Forecasts

Michael Ciarmoli, a top 4% analyst from Truist Securities maintains SPCE with a hold rating and lowers their SPCE price target from $60.00 to $40.00, on Feb 28, 2024.

You can dig deeper into what analysts are forecasting on the Virgin Galactic Holdings stock forecast page.

SPCE Technical Indicators

SMA10
7.67
SMA20
8.23
SMA50
14.37
SMA100
20.34
SMA200
29.85
MACD
-1.95
MACD Signal
-2.27
MACD Histogram
0.32
RSI
32.61
Stochastic %K
26.1
Stochastic %D
31.64
StochRSI %K
79.37
StochRSI %D
87.09

How is SPCE performing as a company?

Last year, SPCE revenue was $8.39M. During the last five year, SPCE's revenue has increased by 12.63% per year. This was faster than the Aerospace & Defense industry average of 7.91%.

Learn more about SPCE's earnings and revenue performance here.

What are SPCE executives and large shareholders up to?

Over the past 12 months, executives and large shareholders at SPCE have sold more shares than they have bought.

Alistair Burns, SVP Chief Information Officer of SPCE, was the latest SPCE insider to sell. They sold $24.24 worth of SPCE stock on May 20, 2024.

Dig into more about who owns SPCE stock here.

Can I rely on SPCE as an income stream?

No, Virgin Galactic Holdings doesn't provide an income stream by paying out dividends.

SPCE Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your SPCE purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your SPCE investment

Now that you own some shares in SPCE, you'll want to keep up with your investment.

Add SPCE to a watchlist to get notified of the latest news about your SPCE stock.

SPCE Feed

How to Buy Stock in Virgin Galactic Holdings

To summarize, here are the 6 steps for buying Virgin Galactic Holdings stock:

  1. Decide where to buy Virgin Galactic Holdings stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Virgin Galactic Holdings stock
  5. Place your SPCE purchase
  6. Keep an eye on your SPCE investment

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Virgin Galactic Holdings, create a watchlist on WallStreetZen today.

NYSE: SPCE
$7.15-0.89 (-11.07%)
Updated Jul 17, 2024
Open eToro Account
NYSE: SPCE
$7.15-0.89 (-11.07%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Virgin Galactic Holdings share?

As of Jul 17, 2024, it costs $7.15 to buy one share of Virgin Galactic Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.42 shares of SPCE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Virgin Galactic Holdings stock?

According to 6 Wall Street analysts who monitor Virgin Galactic Holdings, their consensus recommendation is to hold Virgin Galactic Holdings stock.

What is the best way to buy Virgin Galactic Holdings stock?

One way to place an order for Virgin Galactic Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.