After Sinking 22.45% During Past Week, Is Vanda Pharmaceuticals Inc (NASDAQ: VNDA) Still A Buy?

IPW

Vanda Pharmaceuticals Inc (NASDAQ:VNDA)’s traded shares stood at 0.38 million during the latest session, with the company’s beta value hitting 0.69. At the last check today, the stock’s price was $5.05, to imply an increase of 1.51% or $0.08 in intraday trading. The VNDA share’s 52-week high remains $7.00, putting it -38.61% down since that peak but still an impressive 34.65% since price per share fell to its 52-week low of $3.30. The company has a valuation of $290.29M, with an average of 2.27 million shares over the past 3 months.

Vanda Pharmaceuticals Inc (NASDAQ:VNDA) trade information

After registering a 1.51% upside in the latest session, Vanda Pharmaceuticals Inc (VNDA) has traded red over the past five days. The stock hit a weekly high of 5.67, jumping 1.51% in its intraday price action. The 5-day price performance for the stock is 22.45%, and 32.76% over 30 days. With these gigs, the year-to-date price performance is 19.55%.

Vanda Pharmaceuticals Inc (VNDA) estimates and forecasts

Looking at statistics comparing Vanda Pharmaceuticals Inc share performance against respective industry, we note that the company has underperformed competitors. Vanda Pharmaceuticals Inc (VNDA) shares are 12.61% up over the last 6 months, with its year-to-date growth rate lower than industry average at -250.00% against 13.30%. Revenue is forecast to shrink -58.30% this quarter before falling -33.30% for the next one. The rating firms project that company’s revenue will grow 1.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $48.5 million. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $47.5 million.Earnings reports from the last fiscal year show that sales brought in -$ and $46.06 million respectively in the corresponding quarters.

VNDA Dividends

Vanda Pharmaceuticals Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Vanda Pharmaceuticals Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.