|Bid||3.7400 x 1400|
|Ask||3.7600 x 3200|
|Day's range||3.4001 - 3.7900|
|52-week range||2.9800 - 8.5550|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||N/A|
|Earnings date||02 Aug 2023 - 07 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.20|
How much are space stocks worth? ...then a price-to-sales ratio of two to four might possibly be a fair price to pay for a profitable space stock. In a matter of days, Virgin Orbit's never-very-likely sale to Texas-based investor Matthew Brown fell apart.
Virgin Orbit is history -- and won't be rising from the ashes ever again. Virgin Orbit, Sir Richard Branson's airplane-assisted satellite-launching venture -- as distinguished from Virgin Galactic (NYSE: SPCE), which launches human tourists to space -- had a good run, launching six rockets in the general direction of space over the past three years. Burning through cash at a rate of more than $230 million a year, and in need of more cash -- and quickly -- Virgin Orbit's second-out-of-six-attempts launch failure came at a bad time for the company.
The company is returning to space. Investors are still struggling to see how it will do so profitably.
Virgin Galactic successfully carried out its first spaceflight in nearly two years Thursday, the company said, after an "enhancement period" to make safety upgrades to its fleet.Virgin Galactic's space program has suffered years of delays and a 2014 accident in which a pilot died.
ORANGE COUNTY, Calif., May 25, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today successfully completed its Unity 25 mission to space. Mission specialists Jamila Gilbert, Christopher Huie and Luke Mays became the newest Virgin Galactic Astronauts as they evaluated the end-to-end astronaut training and spaceflight experience.
At its current burn rate, Virgin Galactic may soon need to sell 10% of its share count every quarter, just to stay solvent.
Houston, we have a problem. Richard Branson's bankrupt Virgin Orbit announced it is shutting down for good after a liquidation sale of most of...
(Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a
This week is looking like an exciting week for space investors, with good news from SpaceX last night, and hopefully some more good news from Virgin Galactic Holdings (NYSE: SPCE) arriving in a couple of days. In late Monday-morning trading, as of 11:10 a.m. ET, shares of space tourism pioneer Virgin Galactic notched a 9.7% gain, followed closely by cellphones-in-space company AST SpaceMobile (NASDAQ: ASTS), up 7.2%, and spy satellite operator BlackSky Technology (NYSE: BKSY), up 6.6%. On Sunday evening, SpaceX launched the second Axiom Space "all-private astronaut mission" to the International Space Station.
ORANGE COUNTY, Calif., May 17, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced that the flight window for its upcoming spaceflight will open on May 25, 2023. The Unity 25 mission specialists will begin astronaut training on May 22, 2023.
Virgin Galactic (NYSE: SPCE) announced steps toward two space flights in the next few weeks. In this video, Travis Hoium highlights the opportunity and risk for investors. *Stock prices used were end-of-day prices of May 10, 2023.
Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders to buy its assets by a handful of days, according to two sources familiar with the matter. The development was first reported by Sky News. Virgin Orbit, founded by billionaire Richard Branson, filed for Chapter 11 bankruptcy protection in April after the company struggled to secure long-term funding following a failed satellite launch in January.
Virgin Galactic Holdings ( NYSE:SPCE ) First Quarter 2023 Results Key Financial Results Net loss: US$159.4m (loss...
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 10th. Please refresh for updates.
Virgin Galactic (SPCE) delivered earnings and revenue surprises of -14% and 22.50%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ORANGE COUNTY, Calif., May 09, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced its financial results for the first quarter ended March 31, 2023 and provided a business update.
The Yahoo Finance Live breaks down the top news stories from the trading day on Monday.
The Yahoo Finance Live team discusses a rise in Virgin Galactic stock as the company prepares for its first commercial flights.
Space tourism company Virgin Galactic announced Monday that it is resuming flights with a mission this month, its first in nearly two years, and the launch of commercial trips in June.Virgin Galactic is in competition in the space tourism business with Amazon founder Jeff Bezos' Blue Origin, which also offers short suborbital flights and has sent 32 people into space.
The company, backed by billionaire Richard Branson, had in May last year delayed its commercial service to the first quarter of 2023 due to supply-chain crisis and labor shortage. "Returning to space is what we have all worked towards," said Mike Moses, president of spaceline missions and safety.
ORANGE COUNTY, Calif., May 08, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the mission specialists who will take part in the upcoming Unity 25 mission. Unity 25 is the final assessment of the full spaceflight system and astronaut experience ahead of the first commercial flight, ‘Galactic 01’, planned for late June.
Virgin Galactic's (SPCE) Q1 results are likely to reflect the positive impact of the solid demand for space travel, which may have been partially dampened by the rise in certain costs.
Huntington Ingalls (HII) delivered earnings and revenue surprises of 7.67% and 2.86%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Virgin Galactic (SPCE) closed at $3.57 in the latest trading session, marking a -1.92% move from the prior day.
TUSTIN, Calif., April 26, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the completion of its Unity 24 glide flight from Spaceport America.