Ventyx Biosciences Inc (NASDAQ: VTYX): Can A Stock Be -7.29% Lower Year-To-Date And Still Be A Loser?

Ventyx Biosciences Inc (NASDAQ:VTYX)’s traded shares stood at 0.81 million during the last session, with the company’s beta value hitting 0.38. At the close of trading, the stock’s price was $2.29, to imply an increase of 6.51% or $0.14 in intraday trading. The VTYX share’s 52-week high remains $38.20, putting it -1568.12% down since that peak but still an impressive 21.83% since price per share fell to its 52-week low of $1.79. The company has a valuation of $161.83M, with an average of 0.54 million shares in intraday trading volume over the past 10 days and average of 1.05 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Ventyx Biosciences Inc (VTYX), translating to a mean rating of 1.50. Of 8 analyst(s) looking at the stock, 0 analyst(s) give VTYX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.52.

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Ventyx Biosciences Inc (NASDAQ:VTYX) trade information

After registering a 6.51% upside in the last session, Ventyx Biosciences Inc (VTYX) has traded red over the past five days. The 5-day price performance for the stock is 5.53%, and 19.90% over 30 days. With these gigs, the year-to-date price performance is -7.29%. Short interest in Ventyx Biosciences Inc (NASDAQ:VTYX) saw shorts transact 8.56 million shares and set a 7.06 days time to cover.

The extremes give us $6 and $60 for target low and target high price respectively. As such, VTYX has been trading -2520.09% off suggested target high and -162.01% from its likely low.

Ventyx Biosciences Inc (VTYX) estimates and forecasts

Looking at statistics comparing Ventyx Biosciences Inc share performance against respective industry, we note that the company has outperformed competitors. Ventyx Biosciences Inc (VTYX) shares are -70.45% down over the last 6 months, with its year-to-date growth rate higher than industry average at 35.15% against 17.20%. Revenue is forecast to grow 43.50% this quarter before jumping 26.60% for the next one.

VTYX Dividends

Ventyx Biosciences Inc has its next earnings report out on 2024-Nov-04. 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.

Ventyx Biosciences Inc (NASDAQ:VTYX)’s Major holders

Ventyx Biosciences Inc insiders hold 3.31% of total outstanding shares, with institutional holders owning 91.55% of the shares at 94.68% float percentage. In total, 91.55% institutions holds shares in the company, led by DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C). As of 2024-06-30, the company held over 5.83 million shares (or 9.4284% of shares), all amounting to roughly $13.47 million.

The next major institution holding the largest number of shares is CITADEL ADVISORS LLC with 5.76 million shares, or about 9.3133% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $13.3 million.

We also have Smallcap World Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Ventyx Biosciences Inc (VTYX) shares. Going by data provided on Jun 30, 2024 , Smallcap World Fund holds roughly 5.25 shares. This is just over 7.43% of the total shares, with a market valuation of $12.02 million. Data from the same date shows that the other fund manager holds a little less at 1.68, or 2.37% of the shares, all valued at about 3.84 million.