Ventyx Biosciences Inc (NASDAQ: VTYX) Has Dropped -85.11% So Far This Year. Does That Mean Trouble Ahead?

During the last session, Ventyx Biosciences Inc (NASDAQ:VTYX)’s traded shares were 0.61 million, with the beta value of the company hitting 0.37. At the end of the trading day, the stock’s price was $2.15, reflecting an intraday loss of -0.46% or -$0.01. The 52-week high for the VTYX share is $15.81, that puts it down -635.35 from that peak though still a striking 16.74% gain since the share price plummeted to a 52-week low of $1.79. The company’s market capitalization is $151.94M, and the average intraday trading volume over the past 10 days was 0.94 million shares, and the average trade volume was 1.16 million shares over the past three months.

Ventyx Biosciences Inc (VTYX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. VTYX has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.52.

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Ventyx Biosciences Inc (NASDAQ:VTYX) trade information

Ventyx Biosciences Inc (VTYX) registered a -0.46% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.46% in intraday trading to $2.15, hitting a weekly high. The stock’s 5-day price performance is -1.38%, and it has moved by 4.37% in 30 days. Based on these gigs, the overall price performance for the year is -85.11%. The short interest in Ventyx Biosciences Inc (NASDAQ:VTYX) is 8.38 million shares and it means that shorts have 5.56 day(s) to cover.

The consensus price target of analysts on Wall Street is $45, which implies an increase of 95.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $60 respectively. As a result, VTYX is trading at a discount of -2690.7% off the target high and -179.07% off the low.

Ventyx Biosciences Inc (VTYX) estimates and forecasts

Statistics show that Ventyx Biosciences Inc has outperformed its competitors in share price, compared to the industry in which it operates. Ventyx Biosciences Inc (VTYX) shares have gone down -55.67% during the last six months, with a year-to-date growth rate more than the industry average at 35.15% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 43.50% this quarter and then jump 26.60% in the quarter after that.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -148.81%. While earnings are projected to return 34.66% in 2024.

VTYX Dividends

Ventyx Biosciences Inc is due to release its next quarterly earnings on 2024-Nov-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Ventyx Biosciences Inc insiders own 3.31% of total outstanding shares while institutional holders control 91.61%, with the float percentage being 94.75%. DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) is the largest shareholder of the company, while 160.0 institutions own stock in it. As of 2024-06-30, the company held over 5.83 million shares (or 9.4284% of all shares), a total value of $13.47 million in shares.

The next largest institutional holding, with 5.76 million shares, is of CITADEL ADVISORS LLC’s that is approximately 9.3133% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $13.3 million.