With 4.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.76 million shares. The 52-week range on VERV shows that it touched its highest point at $9.31 and its lowest point at $2.86 during that stretch. It currently has a 1-year price target of $23.50. Beta for the stock currently stands at 1.82.
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 VERV was down-trending over the past week, with a drop of -20.15%, but this was up by 20.44% over a month. Three-month performance dropped to -45.91% while six-month performance fell -23.91%. The stock lost -29.11% in the past year, while it has lost -22.70% so far this year. A look at the trailing 12-month EPS for VERV yields -2.35 with Next year EPS estimates of -2.63. For the next quarter, that number is -0.64. This implies an EPS growth rate of -12.64% for this year and 0.62% for next year. EPS is expected to grow by 6.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -42.43%.
Float and Shares Shorts:
At present, 88.76 million VERV shares are outstanding with a float of 66.38 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 VERV since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 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 -$2.2641 being high and -$2.60566 being low. For VERV, this leads to a yearly average estimate of -$2.43.
