SPCE Stock Overview
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space.
Virgin Galactic Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$6.37|
|52 Week High||US$57.51|
|52 Week Low||US$5.14|
|1 Month Change||-25.58%|
|3 Month Change||-29.30%|
|1 Year Change||-63.12%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-45.79%|
Recent News & Updates
Virgin Galactic Update: We Keep Staying Away
Virgin Galactic sold new tickets for more than 700 tickets booked (which will be processed no earlier than 2025/2026). The company collected $425 million through convertible bonds; for now the company has enough cash to sustain its project. Flights will not begin consistently until 2023. Delta Class (the key to achieving a significant increase in flights) will not be ready before 2026.
We're Not Very Worried About Virgin Galactic Holdings' (NYSE:SPCE) Cash Burn Rate
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
|SPCE||US Aerospace & Defense||US Market|
Return vs Industry: SPCE underperformed the US Aerospace & Defense industry which returned 7.5% over the past year.
Return vs Market: SPCE underperformed the US Market which returned -8.1% over the past year.
|SPCE Average Weekly Movement||13.9%|
|Aerospace & Defense Industry Average Movement||6.8%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SPCE is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: SPCE's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies.
Virgin Galactic Holdings Fundamentals Summary
|SPCE fundamental statistics|
Is SPCE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPCE income statement (TTM)|
|Cost of Revenue||US$297.00k|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.22|
|Net Profit Margin||-8,758.29%|
How did SPCE perform over the long term?See historical performance and comparison
Is Virgin Galactic Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPCE ($6.37) is trading below our estimate of fair value ($7.53)
Significantly Below Fair Value: SPCE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SPCE is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.
PE vs Market: SPCE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPCE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPCE is good value based on its PB Ratio (2.2x) compared to the US Aerospace & Defense industry average (2.4x).
How is Virgin Galactic Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPCE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SPCE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SPCE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SPCE's revenue (68.1% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: SPCE's revenue (68.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPCE is forecast to be unprofitable in 3 years.
How has Virgin Galactic Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPCE is currently unprofitable.
Growing Profit Margin: SPCE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPCE is unprofitable, and losses have increased over the past 5 years at a rate of 24% per year.
Accelerating Growth: Unable to compare SPCE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPCE is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (22%).
Return on Equity
High ROE: SPCE has a negative Return on Equity (-42.05%), as it is currently unprofitable.
How is Virgin Galactic Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SPCE's short term assets ($949.6M) exceed its short term liabilities ($142.9M).
Long Term Liabilities: SPCE's short term assets ($949.6M) exceed its long term liabilities ($457.2M).
Debt to Equity History and Analysis
Debt Level: SPCE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SPCE's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPCE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SPCE has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 12.8% each year.
What is Virgin Galactic Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPCE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPCE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPCE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPCE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SPCE has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Colglazier (54 yo)
Mr. Michael A. Colglazier is the Chief Executive Officer and Director at Virgin Galactic Holdings, Inc. since July 20, 2020 and serves as its President since February 2021. Mr. Colglazier joins Virgin Gala...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD7.41M) is above average for companies of similar size in the US market ($USD5.45M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: SPCE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: SPCE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Virgin Galactic Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Virgin Galactic Holdings, Inc.
- Ticker: SPCE
- Exchange: NYSE
- Founded: 2017
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: US$1.730b
- Shares outstanding: 258.59m
- Website: https://www.virgingalactic.com
Number of Employees
- Virgin Galactic Holdings, Inc.
- 1700 Flight Way
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.