Vaxart Inc (NASDAQ: VXRT): How It Has Performed & Trended

In today’s recent session, 0.43 million shares of the Vaxart Inc (NASDAQ:VXRT) have been traded, and its beta is 0.64. Most recently the company’s share price was $0.68, and it changed around $0.01 or 0.97% from the last close, which brings the market valuation of the company to $153.92M. VXRT at last check was trading at a discount to its 52-week high of $1.54, offering almost -126.47% off that amount. The share price’s 52-week low was $0.52, which indicates that the recent value has risen by an impressive 23.53% since then. We note from Vaxart Inc’s average daily trading volume that its 3-month average coming to 4.11 million.

Vaxart Inc (NASDAQ:VXRT) trade information

Instantly VXRT has been showing a green trend so far today with a performance of 0.97% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 18.16% year-to-date, but still up 8.65% over the last five days. On the other hand, Vaxart Inc (NASDAQ:VXRT) is -10.69% down in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 66.0% from its current value. Analyst projections state that VXRT is forecast to be at a low of $2 and a high of $2.

Vaxart Inc (VXRT) estimates and forecasts

Vaxart Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 17.30 percent over the past six months and at a 3.51% annual growth rate that is well below the industry average of 13.90%. The year-over-year growth rate is expected to be -64.90%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 100k in revenue for the current quarter. 2 analysts expect Vaxart Inc to make 100k in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 25.00%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 27.81%.

VXRT Dividends

Vaxart Inc’s next quarterly earnings report is expected to be released in August.

Vaxart Inc (NASDAQ:VXRT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.08% of Vaxart Inc shares, and 22.96% of them are in the hands of institutional investors. The stock currently has a share float of 23.21%. Vaxart Inc stock is held by 117 institutions, with Vanguard Group Inc being the largest institutional investor. By Mar 31, 2024, it held 4.78% of the shares, which is about 8.45 shares worth $5.67 million.

Geode Capital Management, LLC, with 1.24% or 2.19 shares worth $1.47 million as of Mar 31, 2024, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2024. The former held 4.82 shares worth $3.24 million, making up 2.73% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 2.52 shares worth around $1.69 million, which represents about 1.43% of the total shares outstanding.