With 65.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 16.42 million shares. The 52-week range on VRN shows that it touched its highest point at $9.28 and its lowest point at $4.39 during that stretch. It currently has a 1-year price target of $7.97. With its current market cap of 3.49 billion, VRN has annualized dividend of $0.33 while the current yield stands at 5.86%. Beta for the stock currently stands at 1.64.
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 VRN was up-trending over the past week, with a rise of 16.56%, but this was up by 11.98% over a month. Three-month performance surged to 11.76% while six-month performance fell -13.51%. The stock lost -24.60% in the past year, while it has gained 10.89% so far this year. A look at the trailing 12-month EPS for VRN yields 0.31 with Next year EPS estimates of 0.72. For the next quarter, that number is 0.23. This implies an EPS growth rate of 176.71% for this year and -14.34% for next year.
Float and Shares Shorts:
At present, 611.82 million VRN shares are outstanding with a float of 599.20 million shares on hand for trading.
Analysts Ratings:
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 $0.37334 being high and $0.3096 being low. For VRN, this leads to a yearly average estimate of $0.34602. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
