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Inflation Report

Vector Group Ltd.

Dec 15, 2023

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

Vector Group Ltd. (NYSE: VGR) is a holding company for Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC. The Company operates through two segments: Tobacco and Real Estate.

This US Inflation Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

  • VGR's share price has given a return of 6.83% in the past three months. However, the stock has corrected by 7.45% over the six months.
  • The stock is currently trading near to the lower end of its 52-week range of USD 39 and 52-week low price of USD 9.86, with the expectations of an upside movement from the current support levels.
  • The price is currently between its short-term (50-day) SMA and long-term (200-day) SMA, with the current oversold RSI of around 65.35.

1.2 Summary Table

1.3 The Key Positives & Negatives

1.4 Key Metrics
VGR has effectively managed its expenditures, maintaining revenue stability even in periods of rising global inflation. This strategic approach has resulted in superior net margins compared to its industry peers. Additionally, VGR has made notable progress in enhancing its Return on Equity (ROE) over the past year. This prudent financial management demonstrates VGR's resilience in navigating economic challenges, safeguarding profitability, and ensuring a favorable position within the competitive landscape. By optimizing spending and fortifying revenue streams, the company has not only sustained its financial health but has also elevated its profitability metrics, exemplified by its improved ROE. This signifies VGR's commitment to delivering value to shareholders while weathering economic uncertainties.

Section 2: Vector Group Ltd. (NYSE: VGR) (“Buy” at the current market price of USD 11.58, as of December 15, 2023, at 08:15 am PST)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is December 15, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.


Disclaimer-

Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.

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