Vaxart Inc (NASDAQ:VXRT) has a beta value of 0.59 and has seen 1.52 million shares traded in the last trading session. The company, currently valued at $187.77M, closed the last trade at $1.08 per share which meant it 0.00% during that session. The VXRT stock price is -47.22% off its 52-week high price of $1.59 and 50.93% above the 52-week low of $0.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.97 million shares traded. The 3-month trading volume is 2.13 million shares.
Vaxart Inc (NASDAQ:VXRT) trade information
The stock has traded in the red over the last five days, when the VXRT stock price touched $1.08 or saw a rise of 16.92%. Year-to-date, Vaxart Inc shares have moved 88.55%, while the 5-day performance has seen it change -16.92%. Over the past 30 days, the shares of Vaxart Inc (NASDAQ:VXRT) have changed -2.70%. Short interest in the company has seen 15.61 million shares shorted with days to cover at 8.7.
Vaxart Inc (VXRT) estimates and forecasts
Figures show that Vaxart Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 57.92% over the past 6 months, with this year growth rate of 21.05%, compared to 9.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 26.30% and 12.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 99.60%.
3 analysts offering their estimates for the company have set an average revenue estimate of $800k for the current quarter. 3 have an estimated revenue figure of $50k for the next quarter concluding in Jun 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 27.81% over the past 5 years.
VXRT Dividends
Vaxart Inc is expected to release its next earnings report on March 14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Vaxart Inc (NASDAQ:VXRT)’s Major holders
Insiders own 0.97% of the company shares, while shares held by institutions stand at 18.13% with a share float percentage of 18.31%. Investors are also buoyed by the number of investors in a company, with Vaxart Inc having a total of 104 institutions that hold shares in the company. The top two institutional holders are Cantor Fitzgerald, L. P. with over 7.09 million shares worth more than $5.17 million. As of Jun 29, 2023, Cantor Fitzgerald, L. P. held 4.66% of shares outstanding.
The other major institutional holder is Vanguard Group Inc, with the holding of over 6.89 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $5.03 million and represent 4.54% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 2.68% shares in the company for having 4.07 million shares of worth $2.97 million while later fund manager owns 1.77 million shares of worth $1.29 million as of Jun 29, 2023, which makes it owner of about 1.16% of company’s outstanding stock.
