With 0.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. The 52-week range on VERU shows that it touched its highest point at $1.64 and its lowest point at $0.45 during that stretch. It currently has a 1-year price target of $3.33. Beta for the stock currently stands at -0.77.
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 -0.46%, but this was up by 1.89% over a month. Three-month performance dropped to -10.15% while six-month performance fell -28.84%. The stock lost -68.16% in the past year, while it has lost -19.74% 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 -0.05. This implies an EPS growth rate of 28.57% for this year and -40.00% for next year.
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.
