Does Versus Systems Inc. (VS) offer a good opportunity for investors?

Versus Systems Inc. (NASDAQ: VS) stock fell -4.78% on Friday to $0.40 against a previous-day closing price of $0.42. With 1.21 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.4247 whereas the lowest price it dropped to was $0.3885. The 52-week range on VS shows that it touched its highest point at $5.18 and its lowest point at $0.35 during that stretch. It currently has a 1-year price target of $2.50. Beta for the stock currently stands at 1.28.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VS was up-trending over the past week, with a rise of 4.33%, but this was down by -19.84% over a month. Three-month performance dropped to -50.32% while six-month performance fell -83.55%. The stock lost -91.34% in the past year, while it has lost -80.95% so far this year. A look at the trailing 12-month EPS for VS yields -0.35 with Next year EPS estimates of -0.64. For the next quarter, that number is -0.22. This implies an EPS growth rate of -79.90% for this year and 16.70% for next year.

Float and Shares Shorts:

At present, 19.08 million VS shares are outstanding with a float of 18.10 million shares on hand for trading. On Jul 14, 2022, short shares totaled 0.39 million, which was 1.90% higher than short shares on Jun 14, 2022. In addition to Mr. Matthew Dalton Pierce as the firm’s Founder, CEO & Director, Mr. Craig Charles Finster serves as its Pres & CFO.


Institutional Ownership:

Through their ownership of 16.73% of VS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of VS, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 8.58% stake in VS, the Wasatch Micro Cap Fund is the largest stakeholder. A total of 1,776,021 shares are owned by the mutual fund manager. The Fidelity Nasdaq Composite Index F, which owns about 0.09% of VS stock, is the second-largest Mutual Fund holder. It holds 18,105 shares valued at 7658.0. Pictet International Capital Mgmt holds 0.00% of the stake in VS, owning 0 shares worth 0.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VS analysts setting a high price target of $3.20 and a low target of $3.20, the average target price over the next 12 months is $3.20. Based on these targets, VS could surge 700.0% to reach the target high and rise by 700.0% to reach the target low. Reaching the average price target will result in a growth of 700.0% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. VS will report FY 2022 earnings on 05/02/2023. Analysts have provided yearly estimates in a range of -$0.77 being high and -$0.77 being low. For VS, this leads to a yearly average estimate of -$0.77. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Versus Systems Inc. surprised analysts by -$0.00 when it reported -$0.14 EPS against a consensus estimate of -$0.14. The surprise factor in the prior quarter was -$0.13. Based on analyst estimates, the high estimate for the next quarter is -$0.22 and the low estimate is -$0.22. The average estimate for the next quarter is thus -$0.22.

Summary of Insider Activity:

Insiders traded VS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 14 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 303,750 while 0 shares were sold.

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