Healthy Upside Potential: Veren Inc (VRN)

With 19.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 23.98 million shares. The 52-week range on VRN shows that it touched its highest point at $9.14 and its lowest point at $4.39 during that stretch. It currently has a 1-year price target of $8.07. With its current market cap of 3.52 billion, VRN has annualized dividend of $0.33 while the current yield stands at 5.73%. Beta for the stock currently stands at 0.97.

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 down-trending over the past week, with a drop of -7.11%, but this was down by -8.29% over a month. Three-month performance surged to 16.87% while six-month performance fell -4.64%. The stock lost -32.35% in the past year, while it has gained 11.87% so far this year. A look at the trailing 12-month EPS for VRN yields 0.31 with Next year EPS estimates of 0.74. For the next quarter, that number is 0.26. This implies an EPS growth rate of 212.55% for this year and -22.36% for next year.

Float and Shares Shorts:

At present, 611.82 million VRN shares are outstanding with a float of 599.03 million shares on hand for trading.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. The EBITDA in the recently reported quarter was $577400000.0 and diluted EPS was $nan.

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.