In the latest trading session, 0.44 million Venus Concept Inc (NASDAQ:VERO) shares changed hands as the company’s beta touched 0.54. With the company’s most recent per share price at $0.55 changing hands around $0.09 or 18.71% at last look, the market valuation stands at $3.99M. VERO’s current price is a discount, trading about -341.82% off its 52-week high of $2.43. The share price had its 52-week low at $0.40, which suggests the last value was 27.27% up since then. When we look at Venus Concept Inc’s average trading volume, we note the 10-day average is 0.2 million shares, with the 3-month average coming to 1.10 million.
Analysts gave the Venus Concept Inc (VERO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended VERO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Venus Concept Inc’s EPS for the current quarter is expected to be -1.2.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Venus Concept Inc (NASDAQ:VERO) trade information
Instantly VERO is in green as seen in intraday trades today. With action 12.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -53.39%, with the 5-day performance at 12.70% in the green. However, in the 30-day time frame, Venus Concept Inc (NASDAQ:VERO) is -31.40% down. Looking at the short shares, we see there were 0.81 million shares sold at short interest cover period of 0.29 days.
Venus Concept Inc (VERO) estimates and forecasts
Data shows that the Venus Concept Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -27.63% over the past 6 months, a 6.87% in annual growth rate that is considerably lower than the industry average of 13.70%. Year-over-year growth is forecast to reach -8.60% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 17.28M. 3 analysts are of the opinion that Venus Concept Inc’s revenue for the current quarter will be 18.44M. The company’s revenue for the corresponding quarters a year ago was 17.62M and 18.13M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.90%. The estimates for the next quarter sales put growth at 1.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 60.49%. The 2024 estimates are for Venus Concept Inc earnings to increase by 1.24%.
VERO Dividends
Venus Concept Inc is expected to release its next quarterly earnings report on 2024-Nov-13.
Venus Concept Inc (NASDAQ:VERO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.08% of Venus Concept Inc shares while 27.09% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 28.84%.
Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 32.44 shares estimated at $17840.0 under it, the former controlled 0.45% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.29% of the shares, roughly 21.0 shares worth around $11551.0.
