Capstone Investment Advisors LLC Acquires New Position in VinFast Auto Ltd. (NASDAQ:VFS)

Capstone Investment Advisors LLC acquired a new stake in shares of VinFast Auto Ltd. (NASDAQ:VFSFree Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 68,844 shares of the company’s stock, valued at approximately $342,000.

Separately, Wolverine Asset Management LLC bought a new stake in shares of VinFast Auto in the 4th quarter valued at about $28,000.

Analysts Set New Price Targets

VFS has been the subject of several recent research reports. Cantor Fitzgerald restated an “overweight” rating and issued a $8.00 price target on shares of VinFast Auto in a report on Monday, July 1st. BTIG Research reduced their price target on shares of VinFast Auto from $8.00 to $5.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Finally, Chardan Capital restated a “buy” rating and issued a $13.00 price target on shares of VinFast Auto in a report on Monday, May 13th.

Get Our Latest Analysis on VFS

VinFast Auto Stock Down 2.3 %

NASDAQ VFS opened at $4.18 on Wednesday. The firm has a market cap of $88.32 million, a PE ratio of -5.10 and a beta of 0.93. The company has a 50 day moving average price of $4.18 and a 200 day moving average price of $4.88. VinFast Auto Ltd. has a 52 week low of $2.26 and a 52 week high of $93.00.

VinFast Auto (NASDAQ:VFSGet Free Report) last posted its quarterly earnings data on Wednesday, April 17th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.01). The company had revenue of $302.65 million for the quarter, compared to analysts’ expectations of $562.27 million. On average, equities research analysts anticipate that VinFast Auto Ltd. will post -0.94 earnings per share for the current fiscal year.

About VinFast Auto

(Free Report)

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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Institutional Ownership by Quarter for VinFast Auto (NASDAQ:VFS)

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