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Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
NASDAQ:VRM

Vroom (VRM) Stock Price, News & Analysis

$0.20
+0.00 (+1.41%)
(As of 02/9/2024 08:57 PM ET)
Today's Range
$0.20
$0.21
50-Day Range
$0.20
$0.82
52-Week Range
$0.19
$2.82
Volume
1.43 million shs
Average Volume
3.45 million shs
Market Capitalization
$28.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Vroom MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
13.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.06mentions of Vroom in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$27,663 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.95) to ($1.05) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.12 out of 5 stars

Auto/Tires/Trucks Sector

84th out of 85 stocks

Automotive Dealers & Gasoline Service Stations Industry

19th out of 19 stocks


VRM stock logo

About Vroom Stock (NASDAQ:VRM)

Vroom, Inc. is a digital technology and eCommerce portal serving the used and after-market car industry. The company operates as a used automotive retailer in the United States and sets itself apart with the idea car buying should be easy, fun, and affordable. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.  The company is led by Tom Shortt and Robert R. Krakowiak who are CEO and CFO respectively and Co-President together.

Vroom, Inc. operates an end-to-end eCommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles. The company is capitalizing on both the fractured nature of the used car market and the early adoption of eCommerce by the used car market. In regard to the opportunity, the used car market is the single largest consumer market in the US with over $840 billion in annual sales in 2021, and eCommerce penetration is very low at only 0.9% compared to over 15% for all retail combined. Vroom boasted 3% of the market share in used cars in the Q1 period of 2022.

The company uses data science and AI to predict pricing trends as well as other metrics within the industry. Buyers can search, compare, choose, purchase, finance, and have delivered the car of their liking while sellers are connected with an immense liquidity pool. Vroom powers its service by buying cars directly from the seller, giving top dollar, and then passing on the value to consumers after a vigorous inspection and reconditioning process.

Its mission is to “help people find their drive”. The three pillars of the experience are High-Quality Cars that have undergone numerous inspections; Buying Made Easy with no haggling and no hassles, the price you see is the price you pay; and delivery, vehicles are delivered directly to the consumer proving a seamless and 100% online experience with no dealerships involved.

Vroom, Inc can also finance vehicles. The company has partnerships with Chase, Santander, and Ally in order to provide the highest-quality financing options available. Once purchased, consumers have 7 days to decide if they want to keep it and there is a limited warranty as well.

On the back end of the business, the company is focused as much on unit economics, operating costs, and liquidity as it is on the customer experience. The drivers of success in this area are a well-oiled consumer platform and delivery system, scalability, and available financing which go hand in hand with the customer experience.

VRM Stock Price History

VRM Stock News Headlines

Biden Out, _______ In?
A new poll shows that two-thirds of Democrats want Biden to drop out of the 2024 race. The truth will shock you. 
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Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Why Vroom (VRM) Stock Is Volatile Again
After-hours movers: United Airlines, Vroom and more
Vroom Inc Ordinary Shares
See More Headlines
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Company Calendar

Last Earnings
11/09/2021
Today
2/12/2024
Next Earnings (Estimated)
2/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
N/A
Current Symbol
NASDAQ:VRM
Fax
N/A
Employees
1,323
Year Founded
N/A

Profitability

Net Income
$-451,910,000.00
Pretax Margin
-22.63%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Book Value
$3.44 per share

Miscellaneous

Free Float
141,327,000
Market Cap
$28.92 million
Optionable
Not Optionable
Beta
2.04
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VRM Stock Analysis - Frequently Asked Questions

How have VRM shares performed in 2024?

Vroom's stock was trading at $0.6025 at the beginning of the year. Since then, VRM stock has decreased by 66.5% and is now trading at $0.2018.
View the best growth stocks for 2024 here
.

When is Vroom's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our VRM earnings forecast
.

How were Vroom's earnings last quarter?

Vroom, Inc. (NASDAQ:VRM) announced its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.70) earnings per share for the quarter, beating analysts' consensus estimates of ($0.74) by $0.04. The company had revenue of $896.76 million for the quarter, compared to the consensus estimate of $893.62 million. Vroom had a negative trailing twelve-month return on equity of 80.07% and a negative net margin of 23.01%. During the same period in the previous year, the business posted ($0.31) earnings per share.

When did Vroom's stock split?

Vroom's stock reverse split before market open on Wednesday, February 14th 2024. The 1-80 reverse split was announced on Wednesday, February 14th 2024. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, February 14th 2024. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

What other stocks do shareholders of Vroom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vroom investors own include NVIDIA (NVDA), Tesla (TSLA), Moderna (MRNA), Alibaba Group (BABA), Nikola (NKLA), PayPal (PYPL), DocuSign (DOCU), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD) and Teladoc Health (TDOC).

When did Vroom IPO?

(VRM) raised $357 million in an IPO on Tuesday, June 9th 2020. The company issued 18,800,000 shares at $18.00-$20.00 per share. Goldman Sachs, BofA Securities, Allen & Company and Wells Fargo Securities acted as the underwriters for the IPO and Stifel, William Blair, Baird, JMP Securities and Wedbush Securities were co-managers.

Who are Vroom's major shareholders?

Vroom's stock is owned by a number of retail and institutional investors. Top institutional investors include Charles Schwab Investment Management Inc. (4.78%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Adam Valkin, Agnieszka Zakowicz, Carol Denise Stott, David K Jones, Laura W Lang, Lone Star LP Cgp2, Mark E Roszkowski, Patricia Moran, Paul J Hennessy, Robert J Mylod Jr, Robert R Krakowiak, Scott Arnold Dahnke, Thomas H Shortt and Timothy M O'reilly.
View institutional ownership trends
.

How do I buy shares of Vroom?

Shares of VRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRM) was last updated on 2/12/2024 by MarketBeat.com Staff

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