With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.48 million shares. The 52-week range on VERU shows that it touched its highest point at $1.92 and its lowest point at $0.47 during that stretch. It currently has a 1-year price target of $2.80. Beta for the stock currently stands at -0.74.
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 VERU was down-trending over the past week, with a drop of -1.23%, but this was down by -11.24% over a month. Three-month performance dropped to -27.78% while six-month performance fell -42.61%. The stock lost -13.50% in the past year, while it has lost -21.09% so far this year. A look at the trailing 12-month EPS for VERU yields -0.23 with Next year EPS estimates of -0.28. For the next quarter, that number is -0.06. This implies an EPS growth rate of 19.29% for this year and -22.42% for next year. EPS is expected to decline by -2.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.11%.
Float and Shares Shorts:
At present, 146.38 million VERU shares are outstanding with a float of 121.30 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VERU since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.28807 being high and -$0.30793 being low. For VERU, this leads to a yearly average estimate of -$0.298. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.05.
